Mercury Systems wins five product excellence awards in Military & Aerospace Electronics 2021 Innovators Awards program

ANDOVER, Mass., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that five of its products were recognized among the most innovative solutions in aerospace and defense products and systems by the judges of the 2021 Military & Aerospace Electronics Innovators Awards program. The judging panel consisted of esteemed senior professionals from the aerospace and defense community.

The Rappid application-ready spectrum processing platform received a platinum award, the highest level of recognition. Rappid simplifies mission application development and provides an approach to developing the latest, most advanced electronic warfare (EW) systems, much like today’s mobile device software and hardware frameworks.

The four other Mercury products receiving awards were:

Gold:

• Model 6350 8-Channel A/D & D/A Zynq UltraScale+ RFSoC Rugged Small Form Factor Enclosure
• RFS1080 Radio Frequency System-in-Package

Silver:

• ARES3100 Advanced Radar Environment Simulator
• TAC-3290 Microwave Tuner

“We are very proud to be recognized for the sixth consecutive year by the judges of the Military & Aerospace Electronics Innovators Award,” says Dr. Bill Conley, Mercury’s chief technology officer. “This honor is a testament to our commitment to providing purpose-built products and solutions that meet or exceed our customers’ most-pressing technology needs. From chip scale to system scale, Mercury continues to lead the industry in delivering trusted, secure, uncompromised technologies for both military and commercial applications.”

The 2021 Military & Aerospace Electronics and Intelligent Aerospace Technology Innovation Awards recognizes developers of the most influential technologies that help solve problems for aerospace and defense applications. Criteria for winning entries include innovative approach; value to users; positive impact on customers; sustainability; meeting a defined need; collaboration; and impact.

“On behalf of the Military & Aerospace Electronics Innovators Awards, I would like to congratulate Mercury Systems on their multiple award honoree status,” said Military & Aerospace Electronics Editor-in-Chief John Keller. “This competitive program allows Military & Aerospace Electronics to celebrate and recognize the most innovative products impacting the aerospace and defense community this year.”

Mercury envisions, creates and delivers innovative technology solutions purpose-built to meet their customers’ most pressing high-tech needs. For additional information or purchase inquiries, 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 industry. Headquartered in Andover, Mass., the company delivers trusted, secure open architecture processing solutions powering a broad range of mission-critical applications in the most challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all. To learn more, visit mrcy.com, or follow us on Twitter.

Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein and to fiscal 2021 business performance and beyond and the Company’s plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of epidemics and pandemics such as COVID, effects of any U.S. federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the USS Government’s interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company’s products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to industrial security and cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the USS Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended July 3, 2020. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

CONTACT
Robert McGrail, Director of Corporate Communications
Mercury Systems Inc.
+1 (978) 967-1366   |   robert.mcgrail@mrcy.com

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

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