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Mercury Systems Receives $6.9 Million Order for High Performance OpenVPX Digital Signal Processing Modules

Mercury Systems

CHELMSFORD, Mass. - Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leading high-tech commercial provider of more affordable secure and sensor processing subsystems powering today’s critical defense and intelligence applications, announced it received a $6.9 million order from a leading defense prime contractor for high performance, OpenVPX™ digital signal processing modules and supporting professional services for a manned airborne radar application. The orders were received in the Company's fiscal 2015 third quarter and are expected to be shipped by the end of its fiscal 2017 second quarter.

“We have a longstanding relationship with this customer in providing high performance signal processing solutions for airborne radar,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “By adopting our new OpenVPX product line, our customer now has a cost-effective, modular open systems architecture that protects their long-term investment in software by providing them an easy path to port their application to an affordable high-performance processing solution.”

For more information on Mercury Systems, visit www.mrcy.com or contact Mercury at (866) 627-6951 or info@mrcy.com.

Mercury Systems – Innovation That Matters™

Mercury Systems (NASDAQ:MRCY) is the better alternative for affordable, secure and sensor processing subsystems designed and made in the USA. Optimized for program and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence applications on more than 300 programs such as Aegis, Patriot, SEWIP, F-35 and Gorgon Stare. Headquartered in Chelmsford, Massachusetts, Mercury Systems is a high-tech commercial company purpose-built to meet rapidly evolving next-generation defense electronics challenges. To learn more, visit www.mrcy.com.

Source: Mercury Systems