ANDOVER, Mass., July 28, 2022 (GLOBE NEWSWIRE) — Mercury Systems, Inc. MRCY www.mrcy.com))), a leader in trusted, secure and mission-critical aerospace and defense technologies, announced that it has been awarded an $8 million contract by a leading aerospace and defense company to develop video switching technology for an intelligence agency to design and develop a surveillance and reconnaissance (ISR) application for rotorcraft. The contract was received on April 1, 2022, has an estimated lifetime value of approximately US$25 million and is expected to be delivered over the next few quarters.
Why it matters
As the volume of video captured by airborne platforms continues to increase rapidly, streamlining the video distribution process provides pilots with critical information more quickly, allowing them to focus on the mission at hand.
“Our customers leverage Mercury’s end-to-end processing capabilities to build their most demanding, safety-critical aerospace systems,” said Paul Tanner, vice president, International Growth Operations. “As an independent domestic supplier of key open mission systems, this agreement enables Mercury to fulfill our commitment to provide our customers with affordable, purpose-built solutions to support their desire to ensure pilot and mission safety.”
Mercury plans, develops and delivers innovative technology solutions specifically designed to meet our 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 industries. Headquartered in Andover, Mass., the company delivers trusted, secure, open-architecture processing solutions that support a wide range of mission-critical applications in the most demanding and demanding environments. Inspired by its purpose to deliver innovation that matters, by and for people that matter, Mercury helps…
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