Mercury Systems Receives Follow-on Contract from U.S. Navy for DRFM Jammers

March 25, 2017

ANDOVER, Mass. March 20, 2017 – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), announced that it received a follow-on five year sole source basic ordering agreement (BOA) from the U.S. Navy to deliver advanced Digital RF Memory (DRFM) subsystems supporting jamming in a multi-threat environment. Valued at up to $153M, the order was received in the Company’s fiscal 2017 third quarter and provides for research and development, production, engineering services and ongoing support. Work will be performed at the Company’s Cypress, Calif. facility with a period of performance from March, 2017 through February, 2022.

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