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MRCY

Mercury Systems

$30.29

-0.305 (-1.00%)

16:16
12/22/16
12/22
16:16
12/22/16
16:16

Mercury Systems receives $10.8M order from US Navy for DRFM Jammers

Mercury Systems announced that it received a $10.8 million follow-on order against its 5 year sole source basic ordering agreement, BOA, to deliver advanced Digital RF Memory jammers to the U.S. Navy. The order was received in the Company's fiscal 2017 second quarter and is expected to be shipped over the next several quarters. "This order reaffirms Mercury's commitment to the advancement of DRFM hardware and software subsystems in support of the warfighter," said Brian Perry, President, Mercury Defense Systems. "Our advanced jammers provide U.S. aircrews with exposure and training to ensure that the first time they encounter advanced electronic attack capabilities it is not in an actual combat environment. These jammer capabilities are critical for continued U.S. air superiority, particularly in light of new and evolving electronic warfare threats."

MRCY Mercury Systems
$30.29

-0.305 (-1.00%)

04/20/16
KEYB
04/20/16
NO CHANGE
KEYB
Mercury Systems Q1 results poised to beat expectations, says KeyBanc
KeyBanc expects Mercury Systems' Q1 results to beat expectations and expects the company to report strong bookings. The firm keeps a $23 price target and Overweight rating on the shares.
06/10/16
SBSH
06/10/16
INITIATION
Target $27
SBSH
Buy
Mercury Systems initiated with a Buy at Citi
Citi analyst Jason Gursky started Mercury Systems with a Buy rating and $27 price target. The analyst expects accelerating sales and earnings growth from the company's outsourcing initiatives of defense primes and cost savings from recent acquisitions.
10/05/16
BARD
10/05/16
INITIATION
Target $30
BARD
Outperform
Mercury Systems initiated with an Outperform at Baird
Target $30.
11/18/16
BOFA
11/18/16
INITIATION
Target $34
BOFA
Neutral
Mercury Systems initiated with a Neutral at BofA/Merrill
BofA/Merrill initiated Mercury Systems with a Neutral and a $34 price target due to valuation.

TODAY'S FREE FLY STORIES

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CMCSA

Comcast

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MLNX

Mellanox

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PLNT

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TER

Teradyne

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CBS

CBS

$55.93

-0.81 (-1.43%)

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Periodicals
CBS News suspends Charlie Rose following sexual harassment claims, AP says 

Reference Link

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CBS

CBS

$55.93

-0.81 (-1.43%)

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MLNX

Mellanox

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, MRVL

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CDXS

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T

AT&T

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BBY

Best Buy

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RELY

Real Industry

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RAVN

Raven

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ONTX

Onconova

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ONTX

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MLNX

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ASYS

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, PANW

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CLSN

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SNSS

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A

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INTU

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SNGX

Soligenix

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CTIB

CTI Industries

$3.56

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SEDG

SolarEdge

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STLY

Stanley Furniture

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GLAD

Gladstone Capital

$9.76

-0.02 (-0.20%)

17:09
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T

AT&T

$34.64

0.13 (0.38%)

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Time Warner

$87.71

-1.01 (-1.14%)

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$34.64

0.13 (0.38%)

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-1.01 (-1.14%)

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