Mercury Systems lands additional order from the U.S. Navy

|About: Mercury Systems, Inc. (MRCY)|By:, SA News Editor

Mercury Systems (MRCY) says its Mercury Defense Systems subsidiary has received a $2.3M delivery order from the U.S. Navy for advanced Digital RF Memory jammers to support both U.S. Navy and U.S. Air Force requirements.

The order is part of the indefinite delivery/indefinite quantity time and material contract award worth up to $44.4M it originally received in March 2010.

That contract has been recently extended by the U.S Navy for an additional 63 units for a total contract value of $56.7M.

All other terms and conditions remain unchanged from the original contract award.