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Mercury Systems Receives $10.8M Order from US Navy for DRFM Jammers

Investing News Network
Dec. 23, 2016 08:40AM PST
Cloud Investing

Mercury Systems (NASDAQ:MRCY) announced that it received a $10.8 million follow-on order against its 5 year sole source basic ordering agreement (BOA) to deliver advanced Digital RF Memory (DRFM) jammers to the U.S. Navy. The order was received in the Company’s fiscal 2017 second quarter and is expected to be shipped over the next several quarters. …

Mercury Systems (NASDAQ:MRCY) announced that it received a $10.8 million follow-on order against its 5 year sole source basic ordering agreement (BOA) to deliver advanced Digital RF Memory (DRFM) jammers to the U.S. Navy. The order was received in the Company’s fiscal 2017 second quarter and is expected to be shipped over the next several quarters.
“This order reaffirms Mercury’s commitment to the advancement of DRFM hardware and software subsystems in support of the warfighter,” said Brian Perry, President, Mercury Defense Systems. “Our advanced jammers provide U.S. aircrews with exposure and training to ensure that the first time they encounter advanced electronic attack capabilities it is not in an actual combat environment. These jammer capabilities are critical for continued U.S. air superiority, particularly in light of new and evolving electronic warfare threats.”For more information on Mercury Systems, visit mrcy.com or contact Mercury at (866) 627-6951 or info@mrcy.com.
Mercury Systems – Innovation That Matters™Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and mission processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Chelmsford, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com.
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