ANDOVER, Mass., Sept. 30, 2020 (GLOBE NEWSWIRE) — Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced the TAC-3290 family of adaptive microwave tuners that deliver multi-mission operation to a wide range of applications such as signal intelligence (SIGINT) and radio frequency (RF) testing. The compact and rugged design brings fast data processing to tactical operations in harsh environments while the flexible architecture increases digitizer compatibility eliminating complex, expensive system upgrades.
“The TAC-3290 tuner is a first-of-its-kind solution that brings reliable broadband RF to users in harsh environments,” said Neal Austin, vice president and general manager, Mixed Signal. “By replacing racks of application-specific equipment with a flexible solution small enough to fit in a backpack, the TAC-3290 delivers agile RF capabilities to signal capture and processing systems in the field.”The TAC-3290 series builds on Mercury’s existing portfolio of rackmount converters by bringing the same unique features and technologies to a smaller form factor for a wide range of new field applications. Typical frequency converters are designed to receive signals in a pre-determined bandwidth, but many applications, from SIGINT to spectrum management, must operate on a wide range of varying signals. Mercury’s new series resolves this mismatch through a flexible architecture that allows the converters to adapt in real time, matching the signals of interest and optimizing performance.Operating at the intersection of high-tech and defense, Mercury Systems is the leader in making trusted, secure mission-critical technologies profoundly more accessible. Our work is inspired by our purpose of delivering Innovation That Matters by and for People Who Matter, to make the world a safer, more secure place for all. To learn more about Mercury’s innovative microwave tuners, visit mrcy.com/TAC3290 or contact Mercury at (866) 627-6951 or [email protected].Mercury Systems – Innovation That Matters^®
Mercury Systems is the leader in making trusted, secure mission-critical technologies profoundly more accessible to the aerospace and defense industries. Optimized for customer and mission success, our innovative solutions power more than 300 critical aerospace and defense programs. Headquartered in Andover, Mass., and with manufacturing and design facilities around the world, Mercury specializes in engineering, adapting and manufacturing new solutions purpose-built to meet the industry’s current and emerging high-tech needs. Our employees are committed to Innovation that Matters^®. To learn more, visit mrcy.com, or 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 the acquisitions described herein and to fiscal 2021 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 epidemics and pandemics such as COVID, 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 industrial security and cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, 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 July 3, 2020. 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.Contact:
Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / [email protected]Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cbb1b25c-fab0-4c18-9d6e-2749ab5c5086

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