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Mercury Systems lands $243.8M Navy training contract

EditorEmilio Ghigini
Published 2024-03-01, 07:14 a/m
© Reuters.
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ANDOVER, Mass. - Mercury Systems, Inc. (NASDAQ:MRCY), a prominent technology firm known for its mission-critical processing solutions, has secured a significant contract with the U.S. Navy. The company announced it was awarded a five-year, $243.8 million indefinite delivery/indefinite quantity (IDIQ) contract to supply electronic attack training subsystems to the Naval Air Warfare Center Weapons Division.

Under this contract, Mercury Systems will deliver its advanced digital RF memory (DRFM)-based reactive jamming subsystems, which are integral for creating realistic training environments for U.S. pilots. These systems enable training scenarios to emulate near-peer electronic warfare threats, providing pilots with a comprehensive preparation for real-world combat situations.

The technology allows for quick reprogramming of missions to suit different aircraft and can simulate multiple threats concurrently, as validated by the National Air and Space Intelligence Center (NASIC).

Mercury Systems has a longstanding relationship with the Navy, providing radar jamming capabilities to the Navy’s Airborne Threat Simulation Organization (ATSO) since 1987. Over the past ten years, the company has delivered more than 600 systems. The initial order under the new contract is valued at $20.3 million for DRFM production from ATSO.

The contract also encompasses ongoing engineering services from Mercury Systems to continually update the system’s threat library, ensuring that the training remains ahead of potential adversarial advancements.

Roya Montakhab, GM of Mercury’s Platform Systems business unit, emphasized the importance of equipping U.S. combat pilots with technology that reflects the sophistication of electronic warfare capabilities posed by near-peer adversaries.

Mercury Systems, headquartered in Andover, Massachusetts, operates in more than 300 programs across 35 countries, providing a range of applications from mission computing and sensor processing to command and control, and communications.

The press release also contained forward-looking statements regarding the company's strategic plan and market conditions, which are subject to various risks and uncertainties that could cause actual results to differ from projections.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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