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
