Mercury Systems Dedicates Expanded Advanced Microelectronics Center in Huntsville, Ala.Press Release
May 08, 2019
Congressman Mo Brooks delivered keynote address at ribbon cutting ceremony
HUNTSVILLE, Ala., - April 25, 2019 - Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com, today celebrated the dedication of its expanded Advanced Microelectronics Center (AMC) in Huntsville, Ala. Congressman Mo Brooks (R); Col. Robert Barrie, Military Deputy, PEO Aviation; Donna McCrary of the Huntsville/Madison County Chamber of Commerce; and Harrison Diamond from the Office of the Mayor joined senior Mercury executives for a ribbon cutting ceremony, reception and facility tour.
A state-of-the-art, 24,000 square foot design and assembly facility for RF and digital processing technologies including 5,000 square feet of lab space with secure production capabilities, the expanded AMC provides redundant and complementary capabilities with the Company's existing AMCs located in Hudson, N.H, Phoenix, Ariz. and West Caldwell, N.J. The combined capabilities in each facility provide ""one-stop shopping"" for defense prime customers who need to reduce their supply chain complexity and lower risk.
""Our AS9100D-certified Huntsville facility now has even more capability, enabling us to continue providing very advanced, leading mixed-signal processing solutions that support our Prime customers in the development of the next-generation radar, electronic warfare and ELINT systems critical to maintaining dominance of the electromagnetic spectrum,"" said Neil Austin, Vice President and General Manager of Mercury's Embedded Sensor Processing group. ""This expansion is part of our ongoing commitment to provide our customers with scalable and redundant design and trusted manufacturing facilities coupled with best-in-industry innovation and technology.""
""The expansion of this facility further reinforces Alabama's commitment to driving economic growth and prosperity through the creation of sustainable, high-quality jobs,"" said Congressman Mo Brooks. ""I congratulate the team at Mercury Systems for this truly impressive facility, and I am proud of the Alabama citizens now supporting our military forces with trusted defense microelectronics.""
Mercury's Advanced Microelectronics Centers are a key component for the realization of the Company's next-generation business model. Through affordable and highly differentiated sensor chain solutions, defense prime contractors can simultaneously secure their supply chain operations, minimize technical risk and meet program schedule and budget demands.
For more information, visit mrcy.com/AMC or contact Mercury at (866) 627-6951 or [email protected]
Mercury Systems - Innovation That Matters®
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury's solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry's current and emerging technology needs. To learn more, visit www.mrcy.com and 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 fiscal 2019 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 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 U.S. 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 cyber-security regulations and requirements, changes in tax rates or tax regulations, 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 U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2018. 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.
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Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / [email protected]
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