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Mercury (MRCY) Wins $14M Signal Processing Deployment Contract
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Mercury Systems (MRCY - Free Report) has been recently awarded a $14-million order by a defense prime contractor to provide its digital signal processing modules for deployment in a multi-mode tactical radar application. The order, which has been booked in the company’s first-quarter fiscal 2021, is expected to be shipped over the next several quarters.
The continued flow of orders highlights Mercury’s commitment to develop compelling, advanced RF conversion and digital signal-processing technologies, and make those more accessible to the defense industry.
In June, the company was awarded a $49-million order by a defense prime contractor to provide its signal processing and RF solutions for a missile defense program. Notably, this was one of the largest orders Mercury had ever received, highlighting its commitment to address complex embedded processing challenges.
Modernization in radar, EW and C4I is high, providing the company with new opportunities in weapon systems, space, avionics processing, and mission computing and embedded rugged services.
Moreover, Mercury’s domain expertise in analog and digital integration has helped it build a solid business relationship with defense prime contractors for a long time.
Strong Opportunity in Embedded Computing
Its embedded computing servers, including the suite of EnsembleSeries blades, have delivered processing solutions with long lifecycles, higher performance, environmental resiliency, interoperability and SWaP optimization for 35 years.
Markedly, the company’s range of space-qualified RF and microwave solutions has been adopted in every successful mission to Mars.
Per Mordor Intelligence, the global embedded computing systems market is expected to witness a CAGR of 6.6% over the period of 2019 to 2025. This is promising for companies like Mercury with a long-standing foothold in the industry.
Cheaper Products Provide Competitive Edge
The defense subsystems space is subject to intense competition from the likes of Lockheed Martin (LMT - Free Report) , Elbit Systems (ESLT - Free Report) and Northrop Grumman Corporation (NOC - Free Report) .
Nonetheless, Mercury’s parts are generally cheaper, which provides it a competitive edge in the market.
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
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Mercury (MRCY) Wins $14M Signal Processing Deployment Contract
Mercury Systems (MRCY - Free Report) has been recently awarded a $14-million order by a defense prime contractor to provide its digital signal processing modules for deployment in a multi-mode tactical radar application. The order, which has been booked in the company’s first-quarter fiscal 2021, is expected to be shipped over the next several quarters.
The continued flow of orders highlights Mercury’s commitment to develop compelling, advanced RF conversion and digital signal-processing technologies, and make those more accessible to the defense industry.
In June, the company was awarded a $49-million order by a defense prime contractor to provide its signal processing and RF solutions for a missile defense program. Notably, this was one of the largest orders Mercury had ever received, highlighting its commitment to address complex embedded processing challenges.
Modernization in radar, EW and C4I is high, providing the company with new opportunities in weapon systems, space, avionics processing, and mission computing and embedded rugged services.
Mercury Systems Inc Price and Consensus
Mercury Systems Inc price-consensus-chart | Mercury Systems Inc Quote
Moreover, Mercury’s domain expertise in analog and digital integration has helped it build a solid business relationship with defense prime contractors for a long time.
Strong Opportunity in Embedded Computing
Its embedded computing servers, including the suite of EnsembleSeries blades, have delivered processing solutions with long lifecycles, higher performance, environmental resiliency, interoperability and SWaP optimization for 35 years.
Markedly, the company’s range of space-qualified RF and microwave solutions has been adopted in every successful mission to Mars.
Per Mordor Intelligence, the global embedded computing systems market is expected to witness a CAGR of 6.6% over the period of 2019 to 2025. This is promising for companies like Mercury with a long-standing foothold in the industry.
Cheaper Products Provide Competitive Edge
The defense subsystems space is subject to intense competition from the likes of Lockheed Martin (LMT - Free Report) , Elbit Systems (ESLT - Free Report) and Northrop Grumman Corporation (NOC - Free Report) .
Nonetheless, Mercury’s parts are generally cheaper, which provides it a competitive edge in the market.
Mercury currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>