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Mercury Systems Inc., a best-of-breed provider of commercially developed, open sensor and Big Data processing systems for critical commercial, defense and intelligence applications, announced that its Mercury Defense Systems subsidiary has received a $2.3M delivery order from the U.S. Navy for advanced Digital RF Memory (DRFM) jammers to support both U.S. Navy and U.S. Air Force requirements. The order is part of the firm-fixed-price, indefinite delivery/indefinite quantity (IDIQ) time and material contract award worth up to $44.4M originally received by KOR Electronics (now Mercury Defense Systems) in March 2010, which 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.
“This award is a further acknowledgement of the Company’s continuing effort to support the warfighter,” said Kevin Carnino, President, Mercury Defense Systems. “Under this contract we will be producing a subset of our latest radar jamming technology. We are anticipating an additional release of a new multi-year IDIQ contract later this year, and will aggressively compete to supply that requirement as well. For over twenty years, Mercury Defense Systems’ DRFM products have been used for self-protection, vulnerability assessment, training and radar environment simulation. Our successful performance under firm fixed price contracting is the cornerstone of our business.”