Mercury Expands Processing Hardware Production Agreements with European Defense Prime Contractor
Mercury Systems (NASDAQ: MRCY) has strengthened its European defense presence by signing two significant agreements with a European defense prime contractor. The first is a five-year agreement to accelerate production of sensor processing subsystems using Mercury's HDS6605 6U OpenVPX multiprocessing boards for various radar systems.
The second agreement expands production of Monolithic Microwave Integrated Circuit (MMIC) products for electronic warfare sensors, featuring Mercury's mini-tuner modules and amplifiers for RF signal processing. These agreements build upon a decades-long relationship and demonstrate Mercury's commitment to supporting critical defense operations in Europe.
Mercury Systems (NASDAQ: MRCY) ha rafforzato la sua presenza nella difesa europea firmando due importanti accordi con un appaltatore principale europeo nel settore della difesa. Il primo è un accordo quinquennale per accelerare la produzione di sottosistemi di elaborazione sensori utilizzando le schede multiprocessing HDS6605 6U OpenVPX di Mercury per diversi sistemi radar.
Il secondo accordo amplia la produzione di prodotti Monolithic Microwave Integrated Circuit (MMIC) per sensori di guerra elettronica, includendo i moduli mini-tuner e gli amplificatori di Mercury per l'elaborazione dei segnali RF. Questi accordi si basano su una relazione pluridecennale e dimostrano l'impegno di Mercury nel supportare operazioni di difesa critiche in Europa.
Mercury Systems (NASDAQ: MRCY) ha fortalecido su presencia en defensa europea al firmar dos acuerdos importantes con un contratista principal europeo de defensa. El primero es un acuerdo de cinco años para acelerar la producción de subsistemas de procesamiento de sensores utilizando las placas de multiprocesamiento HDS6605 6U OpenVPX de Mercury para varios sistemas de radar.
El segundo acuerdo amplía la producción de productos Monolithic Microwave Integrated Circuit (MMIC) para sensores de guerra electrónica, con módulos mini-tuner y amplificadores de Mercury para el procesamiento de señales RF. Estos acuerdos se basan en una relación de décadas y demuestran el compromiso de Mercury para apoyar operaciones de defensa críticas en Europa.
머큐리 시스템즈(NASDAQ: MRCY)는 유럽 방위 분야에서 입지를 강화하며 유럽 주요 방위 계약업체와 두 건의 중요한 계약을 체결했습니다. 첫 번째는 머큐리의 HDS6605 6U OpenVPX 멀티프로세싱 보드를 사용해 다양한 레이더 시스템용 센서 처리 서브시스템 생산을 가속화하는 5년 계약입니다.
두 번째 계약은 전자전 센서용 모놀리식 마이크로웨이브 집적회로(MMIC) 제품 생산을 확대하며, 머큐리의 미니 튜너 모듈과 RF 신호 처리를 위한 증폭기가 포함됩니다. 이 계약들은 수십 년간의 관계를 바탕으로 하며, 유럽 내 핵심 방위 작전을 지원하려는 머큐리의 의지를 보여줍니다.
Mercury Systems (NASDAQ : MRCY) a renforcé sa présence dans la défense européenne en signant deux accords importants avec un grand donneur d'ordre européen dans le secteur de la défense. Le premier est un contrat de cinq ans visant à accélérer la production de sous-systèmes de traitement de capteurs utilisant les cartes multiprocesseurs HDS6605 6U OpenVPX de Mercury pour divers systèmes radar.
Le second accord étend la production de produits Monolithic Microwave Integrated Circuit (MMIC) pour les capteurs de guerre électronique, comprenant les modules mini-tuners et amplificateurs de Mercury pour le traitement des signaux RF. Ces accords s'appuient sur une relation de plusieurs décennies et démontrent l'engagement de Mercury à soutenir des opérations de défense critiques en Europe.
Mercury Systems (NASDAQ: MRCY) hat seine Präsenz im europäischen Verteidigungsbereich durch den Abschluss von zwei bedeutenden Vereinbarungen mit einem europäischen Verteidigungs-Hauptauftragnehmer gestärkt. Die erste ist eine fünfjährige Vereinbarung zur Beschleunigung der Produktion von Sensorverarbeitungssubsystemen unter Verwendung von Mercurys HDS6605 6U OpenVPX Multiprozessor-Karten für verschiedene Radarsysteme.
Die zweite Vereinbarung erweitert die Produktion von Monolithic Microwave Integrated Circuit (MMIC)-Produkten für elektronische Kriegssensoren und umfasst Mercurys Mini-Tuner-Module sowie Verstärker für die RF-Signalverarbeitung. Diese Vereinbarungen bauen auf einer jahrzehntelangen Zusammenarbeit auf und zeigen Mercurys Engagement zur Unterstützung kritischer Verteidigungsoperationen in Europa.
- Secured two major production agreements with a key European defense contractor
- Five-year commitment ensures long-term revenue stability
- Expansion of existing decades-long customer relationship indicates strong partnership
- Strategic positioning in growing European defense market
- Exposure to defense funding uncertainties and program timing risks
- Potential challenges from supply chain disruptions and component shortages
- Vulnerability to geopolitical tensions affecting defense contracts
Insights
Mercury Systems secured two expanded production agreements with a European defense prime, strengthening their position in critical defense processing technology markets.
Mercury Systems has signed two strategic agreements with a European defense prime contractor that represent a significant strengthening of their international market position. The first is a five-year agreement for sensor processing subsystems using Mercury's HDS6605 6U OpenVPX multiprocessing boards for radar systems across multiple domains. The second expands production of Monolithic Microwave Integrated Circuit (MMIC) products for electronic warfare sensors.
These agreements are particularly noteworthy as they build upon a decades-long customer relationship, indicating strong performance and customer satisfaction with Mercury's specialized defense processing technology. The timing of these agreements aligns with increased defense spending in Europe amid ongoing regional conflicts, creating favorable market conditions for Mercury's growth.
The company's focus on processing technology that delivers industry-leading price-per-performance positions them well in the competitive defense electronics market. Their processing systems are critical components in the sensing chain - from capturing analog RF signals to processing radar data - representing high-value intellectual property in modern defense systems.
Mercury's expanding international footprint, with products deployed in over 300 programs across 35 countries, demonstrates the scalability of their business model and reduced dependency on any single market. These agreements strengthen Mercury's revenue visibility with a five-year commitment while potentially enabling production efficiencies through higher volumes, which could positively impact margins over time.
ANDOVER, Mass., July 16, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, today announced it signed two agreements with a European defense prime contractor to expand and accelerate production of processing subsystems and components for radar and electronic warfare missions.
In June, Mercury extended this decades-long customer relationship with a five-year agreement that will enable faster, higher-volume production of sensor processing subsystems powered by Mercury’s HDS6605 6U OpenVPX multiprocessing boards for airborne, land-based, and sea-based radar systems.
Earlier this month, Mercury signed an expanded production agreement with the same customer to deliver Monolithic Microwave Integrated Circuit (MMIC) products that support electronic warfare sensors. Mercury’s mini-tuner modules and amplifiers deliver industry-leading price per performance, enabling the sensors to capture and convert analog RF signals.
“Mercury is proud to expand our relationship with one of Europe’s leading providers of defense systems that are playing an active role in military operations in Europe and beyond,” said Paul Tanner, Vice President of Mercury International. “We are strengthening our commitment to the European defense sector by making investments to reduce development and production timelines for our unique processing products and solutions.”
Mercury Systems – Innovation that matters®
Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has more than 20 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY)
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 Company's focus on enhanced execution of the Company's strategic plan. You can identify these statements by 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 any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, 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, including tariffs, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company's products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, adherence to required manufacturing standards, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, such as the deductibility of internal research and development, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, 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 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. 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.
INVESTOR CONTACT
Tyler Hojo
Vice President, Investor Relations
Tyler.Hojo@mrcy.com
MEDIA CONTACT
Turner Brinton
Senior Director, Corporate Communications
Turner.Brinton@mrcy.com
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