Mercury Systems Extends Expertise in Microelectronics Miniaturization Services
June 27 2019 - 4:15PM
Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced today
the availability of miniaturization packaging services that
complement the U.S. Government’s global positioning system (GPS)
modernization efforts, advancing the development of smaller, more
agile missiles and guided munitions to support mission success.
Mercury’s innovative three-dimensional (3D) packaging,
manufacturing and test services optimize the size, weight and power
(SWaP) of new secure military code (M-Code) GPS receivers.
Leveraging Mercury’s expertise in trusted 3D packaging and
selective availability anti-spoofing modules (SAASM) assembly and
testing, defense prime contractors can reduce their current
electronics design footprint and deliver the greater payload and
standoff capability the warfighter requires.
“Mercury’s commitment to innovation, combined with our unrivaled
expertise in SWaP-optimized custom microelectronics, and
industry-leading GPS testing capabilities allow our teams to
deliver advanced technology that serves the warfighter’s mission.”
said Iain Mackie, Vice President and General Manager of Mercury’s
Microelectronics Secure Solutions group. “The GPS III-encrypted
M-Code signals will provide significantly higher accuracy and
anti-jamming capabilities, making these new receivers critical for
mission success while simultaneously minimizing collateral damage
against unintended targets.”
Mercury develops all custom microelectronics including M-Code
receivers in a Defense Microelectronics Activity (DMEA)-accredited
facility for design, assembly, test and broker services, providing
customers with a trusted and assured chain of custody for
authentic, made-in-the-USA microelectronics. For more than a
decade, Mercury has been a trusted supplier of GPS SAASM,
manufacturing more than 300,000 devices within a secure
DMEA-accredited facility. The Company’s dedication to excellence in
all aspects of industrial security has been recognized by the
Defense Security Service (DSS) with Superior ratings of several of
its sites, including the DMEA-accredited facility. Three of these
sites have received the prestigious James S. Cogswell award for
sustained excellence and innovation in security program management,
implementation and oversight.
Mercury is now engaging with customers on assembly and SWaP
optimization design services for M-Code GPS devices. For
application assistance or additional information, please visit
www.mrcy.com/custom-microelectronics or directly contact Mercury’s
application engineering team at custom.microelectronics@mrcy.com or
(866) 627-6951.
Mercury Systems – Innovation That
Matters®Mercury Systems 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 the products and services
described herein and 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
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
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 and Investor
CommunicationsMercury Systems, Inc.+1 978-967-1366 /
rmcgrail@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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