Mercury Systems Receives Multi-Mission Subsystem Contract
Mercury Systems, Inc. (NASDAQ: MRCY) has been awarded a significant multi-year development contract to enhance capabilities for U.S. military applications. This development aims to provide a multi-domain subsystem to a prominent defense prime contractor, a testament to Mercury's growing influence in the defense sector.
Innovation Through the Mercury Processing Platform
According to Joe Plunkett, Vice President of Mercury's Advanced Concepts Group, this program will exploit open standards, drawing on a diverse range of advanced technologies built into the Mercury Processing Platform. Key features of this platform include microelectronics packaging, mixed signal conversion, thermal management, and chassis integration. This innovation enables Mercury Systems to deliver high-quality, integrated solutions rapidly.
Significance of the Contract Award
This contract reflects the faith that clients place in Mercury Systems' ability to develop trusted technology solutions efficiently. With ongoing commitments to national security across numerous platforms, the company's focus is on meeting the needs that arise within this critical sector.
Core Values of Mercury Systems
Mercury Systems – innovation that matters
The ethos at Mercury Systems consists of making advanced technologies accessible for the most challenging missions in aerospace and defense. The innovative Mercury Processing Platform transforms data inputs into timely decision-making outputs that are vital in critical missions. Their solutions span over 300 programs and serve a wide array of applications in mission computing, sensor processing, command and control, and communications.
Global Presence and Commitment
Mercury Systems operates from its headquarters in Andover, Massachusetts, with more than 20 locations worldwide. This extensive network underpins its position as a global technology leader.] Recognizing the evolving landscape of defense and security, Mercury is continually adapting to meet emerging challenges.
Investor and Media Contacts
For investor inquiries, reach out to Tyler Hojo, CFA, Vice President of Investor Relations at Tyler.Hojo@mrcy.com. For media inquiries, contact Turner Brinton, Senior Director of Corporate Communications at Turner.Brinton@mrcy.com.
Frequently Asked Questions
What type of contract did Mercury Systems secure?
Mercury Systems secured a multi-year, cost-plus-fixed-fee development contract for a multi-domain subsystem.
What technologies will be utilized in this contract?
The contract will leverage technologies such as microelectronics packaging, mixed signal signal conversion, and chassis-level integration.
What does Mercury Systems focus on?
Mercury Systems focuses on delivering mission-critical processing solutions that enhance defense and aerospace technologies.
Where is Mercury Systems headquartered?
Mercury Systems is headquartered in Andover, Massachusetts.
How can I contact Mercury's investor relations?
You can contact Mercury's Investor Relations through Tyler Hojo at Tyler.Hojo@mrcy.com.
