Mercury Wins New Development Program That Leverages Its Common Processing Architecture

Core Points - Mercury Systems, Inc. has been awarded a two-year, $17 million development contract from a U.S. defense prime contractor for a program utilizing its Common Processing Architecture [1] - The new program will replace and upgrade existing processing capabilities with enhanced performance and security features, including BuiltSECURE technology, making it eligible for export to allied nations [2] - This contract follows a previous$49 million production agreement, indicating the company's progress in returning to full-rate production in its Common Processing Architecture product area [3] - The awards reflect strong demand for secure, high-performance processing solutions at the edge, showcasing customer confidence in the company's capabilities [4] Company Overview - Mercury Systems is a technology company focused on delivering mission-critical processing power to the edge, enhancing accessibility for aerospace and defense missions [8] - The Mercury Processing Platform enables customers to leverage innovative capabilities from silicon to system scale, facilitating timely decision-making [8] - The company's products are deployed in over 300 programs across 35 countries, covering various applications in mission computing, sensor processing, command and control, and communications [8]