11/01/2017 21:15:00

Mercury Systems Receives $6.9M in Orders for Airborne Sensor Processing Application

CHELMSFORD, Mass., Jan. 11, 2017 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY), (www.mrcy.com), announced it recently received $6.9 million in orders relating to a sensor processing application for fighter aircraft. The orders were booked in the Company’s fiscal 2017 second quarter.

“Mercury’s outstanding working relationship with this customer, forged through years of close collaboration, continues to help drive the success of this critical airborne program,” said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. “This collaboration will enable our customer to continue to leverage Mercury's commercially developed modular open architecture-based signal processing technology to realize faster time to market and a lower total cost of ownership for their program.”

For more information on Mercury Systems, visit www.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.

Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. 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 Company's 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 export regulations, 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. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2016. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Mercury Systems and Innovation That Matters are trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

Contact:

Robert McGrail, Director of Corporate and Investor Communications

Mercury Systems, Inc.

+1 978-967-1366 / rmcgrail@mrcy.com

Primary Logo

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
11 Jan
OMXC20
  Du skal vide, hvor meget det selskab, du vil investerer i, reelt er værd, før du investerer. Hvi..
49
13 Jan
ZEAL
Goodwrench, jeg har i lang tid ignoreret dine destruktive indlæg og havde håbet på, at alle øvrige s..
43
12 Jan
NOVO-B
  Jeg har tidligere (blandt andet i indlæg senest 29/10, 28/9 og 8/8 2016) analyseret Novo og offent..
42
13 Jan
BAVA
Det har været diskuteret om udskydelsen af 3. kig og Fase 3 data vedr. Prostvac er positivt eller ne..
27
14 Jan
VWS
Jeg sidder lige her en stille lørdag formiddag, og tænker lidt over Vestas situation, og kursudvikli..
25
13 Jan
VWS
Vestas er et andet bud på en kursspringer på den korte bane.   Årsregnskabet burde være triggeren de..
25
13 Jan
 
Efter laaaaaaaaaaaaaang tid på debatten har jeg gjort lidt status. Jeg har købt BAVA på gennemsnitli..
23
14 Jan
DSV
Normal 0 21 false false false DA X-NONE X-NONE ..
21
10 Jan
 
Dumt spørgsmål, for ingen her i debatten taber penge. Så denne tråd må være for folk der ikke er i E..
21
13 Jan
I:NBI
Det er nok mere sandsynligt, at investorerne er begyndt at læse dine indlæg her på siden. Efter at d..
18

Alliance Trust PLC : Net Asset Value(s)

16/01/2017 14:10:57
ALLIANCE TRUST PLC                                    At the close of business on Friday 13 January 2017: The Company's NAV per ordinary share..

HSBC Bank Plc : Form 8.5 (EPT/RI) - London Stock Exchange Group Plc

16/01/2017 09:38:58
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY ..

Alliance Trust PLC : Transaction in Own Shares

16/01/2017 07:00:15
16 January 2017  Alliance Trust PLC TRANSACTION IN OWN SHARES  The Board of Alliance Trust PLC ("the Company") announces that on 13 January 2017 the Comp..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Essilor and Delfin to create a global integrated player in the eyewear industry with the combination of Essilor and Luxottica
2
Alliance Trust PLC : Update on New Approach to Investment Management
3
Hawaiian Telcom Announces SEA-US Cable Has Secured FCC License
4
Mariana Resources Ltd : Issue of Equity- Option and Warrant Exercise
5
Prosafe SE: Additional extension for Safe Boreas

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
17 January 2017 00:49:03
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170103.1 - EUROWEB5 - 2017-01-17 01:49:03 - 2017-01-17 00:49:03 - 1000 - Website: OKAY