ANDOVER, Mass., Aug. 10, 2021 (GLOBE NEWSWIRE) – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in reliable and secure critical aerospace and defense technologies, announced that its Torrance, Calif. facility has been recognized by Lockheed Martin Rotary and Mission Systems (RMS) for its exemplary contributions to the delivery of advanced products and services in 2020. The RMS Elite Supplier Award for Outstanding Quality and Delivery is the culmination of the Torrance team’s hard work and dedication to customer satisfaction over the past five years.
“We are honored and proud to be recognized by Lockheed Martin for our performance throughout 2020 with this prestigious award,” said Jay Abendroth, vice president and general manager of Mercury Mission. “Lockheed Martin has been a valued and long-standing partner and we look forward to continuing to provide technology solutions specifically designed to their exacting standards. “
The Torrance team at Mercury (formerly Physical Optics Corporation) has been an integral supplier to Lockheed Martin for many years, supporting its Combat Rescue Helicopter (CRH) program. Work with Sikorsky dates back to 2011, when the facility provided the first FAA certified video recording system with crash survival memory for the S76 helicopter.
“In a year of unprecedented change, our suppliers’ commitment to quality and punctuality has enabled us to deliver cutting-edge technologies to our customers,” said Abby Lilly, vice president of the corporate chain. global sourcing at Lockheed Martin Rotary and Mission Systems. “When the pandemic disrupted our typical operations, our suppliers responded quickly by adapting and maintaining their commitment to quality. These continuous efforts ensure that our clients have the most innovative solutions to carry out their critical national security and defense missions. “
Mercury envisions, creates and delivers innovative technology solutions specifically designed to meet the most pressing high-tech needs of its customers. For more information visit mrcy.com or contact Mercury at (866) 627-6951 or [email protected].
Mercury Systems – Innovation That Matters®
Mercury Systems is a global commercial technology company serving the aerospace and defense industry. Based in Andover, Mass., The company provides reliable and secure open-architecture processing solutions powering a wide range of mission-critical applications in the harshest and most demanding environments. Inspired by its goal of delivering innovation that matters, by and for the people who matter, Mercury helps make the world a safer and more secure place for everyone. To learn more, visit mrcy.com, or follow us on Twitter.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company employing approximately 114,000 people worldwide and primarily engaged in research, design, development, manufacture, integration and maintenance of advanced technological systems, products and services. For more information visit www.lockheedmartin.com.
Forward-looking statement on the Safe Harbor
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 in this document and to the business performance of fiscal year 2021 and beyond. beyond and plans for growth and improvement of profitability and cash flow. You can identify these statements by using the words “may”, “will”, “could”, “should”, “should”, “plans”, “expects”, “plans”, “continues”, “” “” Project “,” intention “,” probable “,” 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. These risks and uncertainties include, without limitation, the 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, the effects of epidemics and pandemics such as COVID, the effects of any US federal government shutdowns or protracted protracted resolutions, effects of continuing geopolitical unrest and regional conflicts, competition, changes in technology and marketing methods, delays in completion of engineering and manufacturing programs, changes in customer ordering patterns, changes in the product line, following success in technological advancements and the implementation of technological innovations, changes in or in the interpretation by the government US federal rules and regulations for export control or approval oversight, changes in, or in the interpretation or application of environmental rules and regulations, market acceptance of the Company’s products, component shortages, production delays or unforeseen expenses due to quality issues with performance with outsourced components, inability to fully realize the expected benefits of acquisitions, restructurings and value creation initiatives such as 1MPACT, or delays in realizing these benefits, challenges in integrating acquired businesses and achieving expected synergies, increasing interest rates, changes in industrial security and cybersecurity regulations and requirements, changes in tax rates or tax regulations, changes in interest rate swaps or other cash flow hedging agreements, changes in accounting principles generally recognized, difficulties retaining key employees and customers, unforeseen costs associated with fixed-price service and system integration commitments, and various other factors beyond our control. These risks and uncertainties also include additional risk factors as discussed in documents filed by the Company with the United States Securities and Exchange Commission, including its annual report on Form 10-K for the year ended 3 July 2020. The Company cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of their publication. The Company assumes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
Robert McGrail, Director of Corporate Communications
Mercury Systems Inc.
+1 (978) 967-1366 | [email protected]
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