Mercury Systems Wins $16.7M IDIQ Contract from Naval Research Lab
Mercury Systems, Inc. (Nasdaq: MRCY) (www.mrcy.com), a best-of-breed provider of commercially developed, open sensor and Big Data processing systems for critical commercial, defense and intelligence applications, announced today that it has been awarded a 3-year indefinite quantity/indefinite delivery (IDIQ) contract by the U.S. Naval Research Laboratory (NRL) Tactical Electronic Warfare Division (TEWD). Worth up to $16.7 million, the contract calls for Mercury to supply advanced mixed signal digital receivers for prototype electronic warfare applications on airborne and surface shipboard platforms.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.