Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in
trusted, secure mission-critical technologies for aerospace and
defense, announced that its Torrance, Calif. facility was
recognized by Lockheed Martin Rotary and Mission Systems (RMS) for
its exemplary contributions to delivering advanced products and
services in 2020. The RMS Elite Supplier award for providing
outstanding quality and delivery is a culmination of the Torrance
team’s hard work and dedication to customer satisfaction over the
past five years.
“We’re honored and proud to be recognized by Lockheed Martin for
our performance throughout 2020 with this prestigious award,” said
Jay Abendroth, vice president and general manager, Mercury Mission.
“Lockheed Martin has been a valuable longstanding partner and we
look forward to continuing to deliver technology solutions
purpose-built for their exacting standards.”
Mercury’s Torrance team (formerly Physical Optics Corporation)
has been an integral Lockheed Martin supplier for many years,
supporting its Combat Rescue Helicopter (CRH) program. The work
with Sikorsky dates to 2011 when the facility supplied the first
FAA-certified video recording system with crash survivable memory
for the S76 helicopter.
“During a year of unprecedented change, our suppliers’
commitment to quality and timeliness enabled us to deliver leading
technologies for our customers,” said Abby Lilly, vice president of
Global Supply Chain at Lockheed Martin Rotary and Mission Systems.
“When the pandemic disrupted our typical operations, our suppliers
quickly responded by adapting and maintaining their commitment to
quality. These continued efforts ensure our customers have the most
innovative solutions to execute their critical national security
and defense missions.”
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 info@mrcy.com.
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, Mercury helps make the world a safer,
more secure place for all. To learn more, visit mrcy.com, or follow
us on Twitter.
About Lockheed MartinHeadquartered in Bethesda,
Maryland, Lockheed Martin is a global security and aerospace
company that employs approximately 114,000 people worldwide and is
principally engaged in the research, design, development,
manufacture, integration and sustainment of advanced technology
systems, products and services. For additional information, visit
www.lockheedmartin.com.
Forward-Looking Safe Harbor StatementThis 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 and to fiscal 2021 business performance and beyond and the
Company’s plans for growth and improvement in profitability and
cash flow. 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 epidemics and pandemics such as
COVID, effects of any U.S. federal government shutdown or extended
continuing resolution, 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, changes in, or in the interpretation or enforcement of
environmental 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, restructurings and value creation
initiatives such as 1MPACT, or delays in realizing such benefits,
challenges in integrating acquired businesses and achieving
anticipated synergies, increases in interest rates, changes to
industrial security and cybersecurity regulations and requirements,
changes in tax rates or tax regulations, changes to interest rate
swaps or other cash flow hedging arrangements, 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
July 3, 2020. 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.
CONTACTRobert McGrail, Director of
Corporate CommunicationsMercury Systems Inc.+1 (978)
967-1366 | robert.mcgrail@mrcy.com
Mercury Systems and Innovation That Matters are registered
trademarks of Mercury Systems, Inc. Other product and company names
mentioned may be trademarks and/or registered trademarks of their
respective holders.
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