financetom
Business
financetom
/
Business
/
Mercury Systems Receives $8.5 Million US DoD Contract to Develop Chip Package for Radars
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mercury Systems Receives $8.5 Million US DoD Contract to Develop Chip Package for Radars
Jul 2, 2025 2:16 PM

04:36 PM EDT, 07/02/2025 (MT Newswires) -- Mercury Systems ( MRCY ) said late Wednesday it was selected by the US Department of Defense under an $8.5 million contract to develop a radio frequency signal conditioning multi-chip package to improve the performance and affordability of X-band Active Electronically Steered Array radars.

Under the two-year agreement funded through the DoD's Industrial Base Analysis and Sustainment program, Mercury Systems ( MRCY ) will work with commercial partner Systems Innovation Engineering to develop the product expected to facilitate high-volume missions, according to a statement.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Update: Market Chatter: Big Banks Race to Defend Themselves Against Claims of Boycotting Gun, Fossil-Fuel Industries
Update: Market Chatter: Big Banks Race to Defend Themselves Against Claims of Boycotting Gun, Fossil-Fuel Industries
Jun 24, 2025
09:03 AM EDT, 06/24/2025 (MT Newswires) -- (Update to add Wells Fargo's ( WFC ) response in the fifth paragraph) Major banks like JPMorgan ( JPM ) , Citigroup ( C ) , and Wells Fargo (WFC) are meeting with officials in Republican-led states to defend themselves against claims that they unfairly avoid doing business with gun makers and fossil...
LKQ Europe Forms Joint Venture With IAA's Synetiq
LKQ Europe Forms Joint Venture With IAA's Synetiq
Jun 24, 2025
09:03 AM EDT, 06/24/2025 (MT Newswires) -- LKQ (LKQ) said Tuesday that its LKQ Europe unit has formed an automotive parts and salvage joint venture with IAA unit Synetiq. LKQ said the joint venture, called LKQ Synetiq, will contribute to the development of Europe salvage operations as well as help meet end-of-life vehicle and battery-recycling regulations. The company said the...
Update: Bank of America's Consent Order With US CFPB Regarding Mortgage Reporting Terminated, Regulator Says
Update: Bank of America's Consent Order With US CFPB Regarding Mortgage Reporting Terminated, Regulator Says
Jun 24, 2025
09:03 AM EDT, 06/24/2025 (MT Newswires) -- (Updates with Bank of America's ( BAC ) response in the fourth paragraph.) Bank of America's ( BAC ) consent order with the US Consumer Financial Protection Bureau over its alleged breach of the Home Mortgage Disclosure Act has been terminated by the regulator, the CFPB said in a filing earlier this month....
Copyright 2023-2026 - www.financetom.com All Rights Reserved