Mercury Systems Dedicates Expanded Advanced Microelectronics Center in Huntsville, Ala.
April 25 2019 - 4:41PM
Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), today
celebrated the dedication of its expanded Advanced Microelectronics
Center (AMC) in Huntsville, Ala. Congressman Mo Brooks (R); Col.
Robert Barrie, Military Deputy, PEO Aviation; Donna McCrary of the
Huntsville/Madison County Chamber of Commerce; and Harrison Diamond
from the Office of the Mayor joined senior Mercury executives for a
ribbon cutting ceremony, reception and facility tour.
A state-of-the-art, 24,000 square foot design and assembly
facility for RF and digital processing technologies including 5,000
square feet of lab space with secure production capabilities, the
expanded AMC provides redundant and complementary capabilities with
the Company's existing AMCs located in Hudson, N.H, Phoenix, Ariz.
and West Caldwell, N.J. The combined capabilities in each facility
provide "one-stop shopping" for defense prime customers who need to
reduce their supply chain complexity and lower risk.
“Our AS9100D-certified Huntsville facility now has even more
capability, enabling us to continue providing very advanced,
leading mixed-signal processing solutions that support our Prime
customers in the development of the next-generation radar,
electronic warfare and ELINT systems critical to maintaining
dominance of the electromagnetic spectrum,” said Neil Austin, Vice
President and General Manager of Mercury’s Embedded Sensor
Processing group. “This expansion is part of our ongoing commitment
to provide our customers with scalable and redundant design and
trusted manufacturing facilities coupled with best-in-industry
innovation and technology.”
“The expansion of this facility further reinforces Alabama’s
commitment to driving economic growth and prosperity through the
creation of sustainable, high-quality jobs,” said Congressman Mo
Brooks. “I congratulate the team at Mercury Systems for this truly
impressive facility, and I am proud of the Alabama citizens now
supporting our military forces with trusted defense
microelectronics.”
Mercury’s Advanced Microelectronics Centers are a key component
for the realization of the Company’s next-generation business
model. Through affordable and highly differentiated sensor chain
solutions, defense prime contractors can simultaneously secure
their supply chain operations, minimize technical risk and meet
program schedule and budget demands.
For more information, visit mrcy.com/AMC 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 safety-critical processing subsystems.
Optimized for customer and mission success, Mercury’s solutions
power a wide variety of critical defense and intelligence programs.
Headquartered in Andover, 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 and follow us on
Twitter.
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 fiscal 2019 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 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, 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 cyber-security regulations and
requirements, changes in tax rates or tax regulations, 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, 2018. 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.
Contact:Robert McGrail, Director of Corporate
CommunicationsMercury Systems, Inc.+1 978-967-1366 /
rmcgrail@mrcy.com
Mercury Systems and Innovation That Matters are registered
trademarks of Mercury Systems, Inc. Intel is a trademark of Intel
Corp. Other product and company names mentioned may be trademarks
and/or registered trademarks of their respective holders.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/107441d6-7db7-4643-a832-b6c34d306eb7
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