Mercury Enters Phase II of Multi-Platform Radar Technology Insertion Program
6/16/2004 - Mercury Computer Systems, Inc. [NASDAQ: MRCY] announced it has received an $8.3 million order from Northrop Grumman Corporation [NYSE: NOC] for the recently announced Phase II U.S. Air Force Multi-Platform Radar Technology Insertion Program (MP-RTIP). This order is for development of long-lead items for Phase II, with the larger follow-on Phase II contract anticipated within the calendar year.
Phase II of MP-RTIP will use RapidIO®-based PowerStream® 7000 systems, which deliver one TeraFLOPS of processing power in a volume less than two feet per side. Mercury PowerStream MP-510 systems were used in Phase I of MP-RTIP.
"We are pleased to be chosen by Northrop Grumman for the strategic MP-RTIP program and to provide the leading-edge signal and image processing capability required by the advanced MP-RTIP technology," said Jay Bertelli, president and chief executive officer, Mercury Computer Systems, Inc. "In PowerStream 7000 systems, Mercury will deliver next-generation multiple TeraFLOPS of computing power in a small, highly rugged package. We look forward to our continued relationship with Northrop Grumman and the opportunity to contribute to the success of the MP-RTIP program."
MP-RTIP is a next-generation modular, scalable radar system for future integration on advanced airborne surveillance platforms.
For further information, please reference the Northrop Grumman press release issued in May: www.irconnect.com/noc/press/pages/news_releases.mhtml?d=56821.
About Mercury Computer Systems, Inc.
Mercury Computer Systems, Inc. (NASDAQ: MRCY) is the leading supplier of high-performance embedded, real-time digital signal and image processing computer systems. Mercury’s products play a critical role in a wide range of applications, transforming sensor data to information for analysis and interpretation. In military reconnaissance and surveillance platforms the company’s systems process real-time radar, sonar, and signals intelligence data. Mercury’s systems are also used in state-of-the-art medical diagnostic imaging devices including MRI, PET, and digital X-ray, and in semiconductor imaging applications including photomask generation and wafer inspection.
Based in Chelmsford, Massachusetts, Mercury serves customers in North America, Europe and Asia through its direct sales force and a network of subsidiaries and distributors. Visit Mercury on the web: www.mc.com.
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