Mercury Systems Receives $4.6M GPS Filter Amplifier Order for Precision Guided Munitions Application
Summary
ANDOVER, Mass., Jan. 11, 2018 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY ) ( www.mrcy.com ), announced it received a $4.6M follow-on order from a leading defense prime contractor for state-of-the-art GPS filter amplifiers for a precision guided munitions application.The Company’s entire suite of commercial radio frequency (RF) and microwave solutions offer differentiated capabilities for electronic warfare, radar, and weapons applications.“Our Advanced Microelectronics Centers are proud to deliver high-efficiency GPS filter amplifiers to our valued customer,” said Kevin Beals, Vice President and General Manager of Mercury’s RF & Microwave group.Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs.Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government’s interpretation of, federal export control or procurement rules and regulations, market acceptance of the Companys products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to cyber-security regulations and requirements, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control.
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