Mercury Systems Receives $2.5M Order for Airborne DAL Safety-Critical Video Server Subsystem
June 15 2017 - 4:15PM
Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), announced it
received a $2.5M order from a leading defense prime contractor for
an airborne safety-critical video server subsystem. The video
server will perform encoding and decoding, as well as switching
multiple high definition (HD) video streams. The order was booked
in the Company’s fiscal 2017 fourth quarter and is expected to be
shipped over the next several quarters.
“This order emphasizes Mercury’s commitment to
providing the best open systems architecture solutions across a
broad range of applications,” said Ian Dunn, Mercury’s Vice
President of Sensor and Mission Processing. “Key benefits of our
solution for the video sever include a mature technology base, the
ability to mix safety-critical levels in the same system, and our
expertise in delivering application-level software.”
The video server is based on the Mercury’s ROCK-2
Avionics Series subsystem, a rugged, 3U OpenVPX mission computing
solution. The ROCK-2 subsystem supports mixed safety-critical
levels for both the hardware (HWCI) and software (CSCI) via a
multi-slot/multi-processor partitioned architecture. ROCK-2
solutions can be delivered with all the documentation and artifacts
required for RTCA DO-178C/DO-254 certification to level C or
higher.
For more information on the ROCK-2 Avionics Series
products, visit www.mrcy.com/ROCK-2 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 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.
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. 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 Communications
Mercury Systems, Inc.
+1 978-967-1366 / rmcgrail@mrcy.com
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