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Mercury Systems receives $50M basic ordering agreement from U.S. Navy for advanced data transfer systems
ANDOVER, Mass., June 09, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical
About this update from Mercury Systems Inc
[{"type":"text","content":"ANDOVER, Mass., June 09, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it received a three-year basic ordering agreement (BOA) worth up to $50 million from the Naval Air Systems Command (NAVAIR) for engineering services and products relating to Mercury’s Advanced Data Transfer System (ADTS) for deployment across multiple rotary-wing and tilt-rotor platforms. The ADTS, a rugged data, video, and audio loader and recorder with cybersecurity capability, is used for moving mission data securely to and from the aircraft for pre- and post-mission analysis. The BOA was received in Mercury’s fiscal 2022 third quarter and has a period of performance of three years covering ADTS hardware such as data transfer units, data transfer devices, encryption modules, and other key components, with work to be performed at the Company’s Torrance, Calif. facility. Why It MattersMercury’s ADTS moves data securely to and from the aircraft for pre- and post-mission analysis, speeding information exchange with ground units to ensure mission and flight success. \"We value our long-standing relationship with NAVAIR and the opportunity to make trusted, secure mission-critical technologies profoundly more accessible to aerospace and defense,” said Jay Abendroth, vice president and general manager, Mercury Mission. “As an independent domestic supplier of key open mission systems, this BOA enables Mercury to fulfill our commitment to deliver critical purpose-built solutions to the Naval air fleet in support of their mission to enhance pilot and mission safety.” Mercury envisions, creates, and delivers innovative technology solutions purpose-built to meet its customers most pressing high-tech needs. For more information, visit mrcy.com or contact Mercury at (866) 627-6951 or [email protected]. Mercury Systems – Innovation That Matters® Mercury Systems is a global commercial technology company serving the aerospace and defense industry. Headquartered in Andover, Mass., the company delivers trusted, secure open architecture processing solutions powering a broad range of mission-critical applications in the most challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Me...