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Stock impact report

Mercury Systems Selected as RF Microelectronics Supplier for Advanced Airborne Radar Application

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 06, 2018 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com) announced that its Radio Frequency (RF) and Microwave group has been selected by a leading defense prime contractor to supply SWaP-optimized, custom-engineered RF converter subsystems for a state-of-the-art airborne tactical radar system. The Company received an initial $3.5 million order to commence development, which was booked in its fiscal 2018 second quarter. "Today's announcement reaffirms Mercury's leadership in RF sensor technologies and advanced manufacturing capabilities," said Brian Hoerl, Mercury's Senior Vice President of Global Sales. "Mercury's next-generation business model enabled this strategic design win opportunity with our valued customer. We are honored to proudly support our nation's warfighters with the defense industry's most sophisticated RF microelectronics for electronic warfare, weapons and radar applications." Mercury's portfolio of commercial Show less Read more
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