Mercury Computer Systems Delivers Radar Subsystems to Raytheon for Patriot Air and Missile Defense System Upgrade
CHELMSFORD, Mass., Aug 02, 2011 (BUSINESS WIRE) --
Mercury Computer Systems, Inc. (NASDAQ: MRCY, www.mc.com), a trusted provider of commercially developed ISR subsystems, announced that it will deliver OpenVPX-based radar subsystems to Raytheon Integrated Defense Systems, to support its recently announced contracts for Patriot Air and Missile Defense System upgrades for Taiwan and Saudi Arabia.
"These upgrades leverage Mercury's best of breed technologies and rapid deployment services to help Raytheon improve nearly every aspect of the Patriot system, ensuring it remains the most technologically advanced air and missile defense system in the world," said Didier Thibaud, senior vice president and general manager of Mercury Computer Systems' Advanced Computing Solutions business unit. "We continue to work closely with Raytheon to deliver solutions that meet stringent platform requirements and provide significant portability and performance in an open architecture."
Patriot is a combat-proven air and missile defense system chosen by 12 nations around the globe including the U.S., Netherlands, Germany, Japan, Israel, Saudi Arabia, Kuwait, Greece, Spain, South Korea, Taiwan and the United Arab Emirates (UAE). The newly redesigned Patriot protects against a full range of advanced threats, including aircraft, tactical ballistic missiles, cruise missiles and UAVs. Raytheon recently received a $1.7 billion contract from Saudi Arabia to upgrade Patriot missile systems to the latest configuration. Mercury has already delivered OpenVPX radar subsystems for Raytheon's Patriot Air and Missile Defense System, supporting its rapid deployment commitment to the UAE and Taiwan.
Complex computing requirements call for novel approaches, and Mercury is leading the industry with its innovative OpenVPX multi-plane architecture, which is the foundation for the VITA 65 OpenVPX System Specification. Modeled after the AdvancedTCA family of specifications used in the telecommunications infrastructure, the OpenVPX multi-plane architecture logically segments different kinds of communication traffic in a system backplane, enabling scalability while maintaining low-latency operation. Combined with Mercury's MultiCore Plus® software suite, which supports scalable, high-performance computing at the system level, Mercury is delivering a significant performance advantage that will help to maximize life-cycle cost savings for Raytheon.
For more information on Mercury's performance advantage in delivering leading-edge, open-architecture computing systems and services, visit www.mc.com/products/services.aspx or contact Mercury at (866) 627-6951 or info@mc.com.
Mercury Computer Systems, Inc. - Where Challenges Drive Innovation®
Mercury Computer Systems (www.mc.com, NASDAQ: MRCY) is a best of breed provider of open, commercially developed, application-ready, multi-INT subsystems for the ISR market. With over 30 years of experience in embedded computing, superior domain expertise in radar, EW, EO/IR, C4I, and sonar applications, and more than 300 successful program deployments including Aegis, Global Hawk, and Predator, Mercury's Services and Systems Integration team leads the industry in partnering with customers to design and integrate system-level solutions that minimize program risk, maximize application portability, and accelerate customers' time to market.
Mercury is based in Chelmsford, Massachusetts, and serves customers worldwide through a broad network of direct sales offices, subsidiaries, and distributors.
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 provided for the contract described above. You can identify these statements by the use of the words "may," "will," "could," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "probable, "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, general economic and business conditions, including unforeseen weakness in the Company's markets, 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, continued funding of defense programs, the timing of such funding, changes in the U.S. Government's interpretation of federal procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and divestitures or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, 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, 2010. 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.
Challenges Drive Innovation and Echotek are registered trademarks and Application Ready Subsystem, ARS and Ensemble are trademarks of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.
SOURCE: Mercury Computer Systems
Mercury Computer Systems, Inc.
Robert McGrail, 978-967-1366
Director of ACS Marketing & Corporate Communications
rmcgrail@mc.com