Mercury Systems Receives $5.3M Microelectronics Order for Precision Guided Munitions Application

Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), announced it received a $5.3M follow-on order from a leading defense prime contractor for high-performance GPS Selective Availability Anti-Spoofing Modules (SAASM) for a precision guided munitions program. The order was booked in the Company’s fiscal 2018 first quarter and is expected to be shipped over the next several quarters.

The Company’s industry-leading portfolio of commercial microelectronics include SWaP-optimized and highly ruggedized components and modules tailored to defense industry requirements. By leveraging a heritage of precision engineering expertise, these compact solutions deliver highly differentiated performance without sacrificing affordability or security.

“Mercury is pleased to receive this follow-on order for a state-of-the-art precision guided munitions application,” said Charlie Leader, Senior Vice President and General Manager of Mercury’s Advanced Microelectronics Solutions group. “This order is a perfect example of Mercury’s sensor processing chain solutions critical to the success of our military forces and warfighters stationed around the globe.”