Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Mercury Systems Secures Production Deal With AeroVironment to Support $1.4B Space Force Program

Author: Benzinga Newsdesk | August 19, 2025 06:05am

Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing to the edge, today announced a new production agreement with AeroVironment, Inc. ("AV") (NASDAQ:AVAV) to support the U.S. Space Force's Satellite Communication Augmentation Resource (SCAR) program.

AV was awarded the $1.4 billion SCAR contract in 2022 by the Space Rapid Capabilities Office (RCO), a direct reporting unit of the Space Force. The program leverages AV's BADGER system, a multi-band deployable ground communications system that simplifies space mission operations through agile, re-configurable beamforming tiles. The Space RCO and AV have completed every development milestone for this complex technology and are now focused on integrating and delivering the first BADGER unit this year.

Mercury provides a field-programmable gate array (FPGA)-based signal acquisition and digital beamforming solution for BADGER based on its Quartz RFSoC and Navigator® Design Suite commercial product offerings. The company has been producing hardware for the first four BADGER systems under an initial contract awarded in 2023. The new production agreement signed in April will support two additional BADGER systems.

Posted In: AVAV MRCY

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist