Mercury Systems Announces Additional Trusted Supplier Accreditation from U.S. Department of Defense
ANDOVER, Mass., May 31, 2017 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), announced that its Phoenix, Ariz. Advanced Microelectronics Center (AMC) received the Category 1A Trusted Supplier accreditation for design services from the U.S. Defense Department's Defense Microelectronics Activity (DMEA) organization. Complementary to the facility's original accreditation for broker, packaging, assembly, and test services, this new design service accreditation further validates the Company's commitment to security excellence in all aspects of its operations. Joining the Company's Andover, Mass. facility recognized earlier this year, the Phoenix AMC is the second Mercury facility to achieve DMEA design service accreditation.
As a Trusted Supplier of commercial electronics for secure sensor and mission processing subsystems, the Phoenix AMC facility supports state-of-the-art military and aerospace programs with ruggedized, SWaP-efficient memory, storage, and system-in-package (SiP) microelectronics. With expanded accreditation for design services, Defense prime contractors have a Trusted supply chain partner for application-specific, customized microelectronics without sacrificing security, performance, or SWaP design principles.
"The design, manufacturing, and test capabilities of our trusted Phoenix AMC facility provide cost-effective, advanced microelectronics critical to the success of our warfighters around the globe," said Charlie Leader, Senior Vice President and General Manager of Mercury's Advanced Microelectronics Solutions group. "Accreditation spanning the design phase through final product testing highlights Mercury's substantial investment in security and trust as the foundation of our operational cadence. Defense prime contractors can confidently turn to Mercury for custom-engineered memory, storage, and SiP devices for any defense or aerospace applications."
The Defense Security Service (DSS) has also recognized several of Mercury's AMC facilities for their dedication to industrial security excellence with multiple Superior ratings. Additionally, Mercury has implemented a cybersecurity program modeled after the Center for Internet Security (CIS) critical security controls for the protection of all design and manufacturing records.
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and mission 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.
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 described herein. 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 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 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, 2016. 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.
Mercury Systems and Innovation That Matters are trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.
Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / firstname.lastname@example.org