Mercury Systems Inc. develops secure open-architecture processing technology for aerospace and defense missions. The company’s Mercury Processing Platform spans signal processing, mission computing, sensor processing, command and control, communications, solid-state data recording, and edge processing applications used by defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace customers.
Recurring Mercury Systems news covers quarterly results, bookings, backlog, cash flow, and program demand, along with contract awards tied to space, strategic weapons, satellite, and electronic warfare applications. Company updates also include production capacity actions, specialized manufacturing capabilities such as the SolderMask acquisition, and product activity around radiation-hardened or radiation-tolerant storage and processing subsystems, RF modules, ARES radar environment simulators, and mPOD jammer training pods.
Mercury Systems, a leader in aerospace and defense technologies, will announce its fourth quarter and fiscal year 2020 financial results on August 4, 2020, post-market close. A conference call with management will follow at 5:00 p.m. ET, discussing quarterly performance and future outlook. Participants can join by phone or via a live audio webcast available on their website. Mercury Systems specializes in providing secure mission-critical technologies for over 300 defense programs globally, emphasizing innovation tailored to meet industry needs.
Mercury Systems (NASDAQ: MRCY) announced a $25 million follow-on order from a defense prime contractor for integrated radio frequency (RF) and digital subsystems, aimed at advanced naval electronic support applications. This order, booked in Q4 of fiscal 2020, is expected to be shipped over several quarters. The company's focus on enhancing RF conversion and digital signal processing technologies positions it uniquely within the defense industry. The commitment to innovation supports the growing demand for agile capabilities amidst emerging threats.
Mercury Systems, Inc. (NASDAQ: MRCY) has secured a $3.9 million contract from a major defense contractor for a high-density system-in-package solution for radar systems. The contract spans 18 months and leverages Mercury's innovative 2.5D chip-scale integration technology, enhancing defenses in artificial intelligence applications. The company emphasizes its expertise in trusted manufacturing and security integration, aiming to meet the Department of Defense’s microelectronics requirements. This move underscores Mercury’s commitment to bridging commercial technology and defense needs.
Mercury Systems (NASDAQ: MRCY) announced the volume production of its new 4GB high-density secure memory device, designed for aerospace and defense applications. The device features the largest capacity available in a compact form factor, consolidating memory blocks into a single unit that is 59% smaller than traditional options. This innovation supports advanced data processing needs for avionics, missile guidance, and radar systems, enhancing operational efficiency in demanding environments. The memory products are manufactured in trusted U.S. facilities, underscoring a commitment to secure supply chains.
Mercury Systems, Inc. (NASDAQ: MRCY) has launched the GSC6204 OpenVPX™ GPU co-processing engine, enhanced by NVIDIA® Turing™ architecture, catering to aerospace and defense applications. This high-performance computing solution enables real-time processing of high-resolution sensor data. The GSC6204 module, featuring dual NVIDIA Quadro® TU104 processors, offers data center-level parallel processing capabilities in ruggedized environments. Orders are now being accepted for delivery in Q3 2020. This innovation underscores Mercury's commitment to bridging commercial technology and defense needs.
Mercury Systems will participate in the William Blair and Company 40th Annual Growth Stock Virtual Conference on June 9-10, 2020. The company will provide an overview of its business on June 9 at 11:20 a.m. CST. Interested parties can access a webcast of the presentation from the investor section of Mercury's website, with a replay available for 90 days. Mercury Systems specializes in providing trusted, secure technologies for the aerospace and defense sectors, supporting over 300 critical programs.
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