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Stock impact report

U.S. Navy Selects Mercury to Deliver Electronic Warfare Combat Training Subsystems

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: GlobeNewswire
ANDOVER, Mass., March 01, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced that it received a five-year, $243.8 million, indefinite delivery/indefinite quantity contract to deliver rapidly reprogrammable electronic attack training subsystems for the Naval Air Warfare Center Weapons Division. These subsystems build on more than 25 years of test and training technology from the Mercury Processing Platform to bring the most advanced, near-peer jamming and electronic warfare capabilities to U.S. pilot training organizations. The most effective way to prepare pilots and aircrews for real-world combat environments is through training scenarios that represent near-peer threat capabilities to the greatest possible extent. Mercury’s proven digital RF memory (DRFM)-based reactive jamming subsystems allow training planners to quickly reprogram missions for different Show less Read more
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