Mercury Systems Inc MRCY

NAS: MRCY | ISIN: US5893781089   18/04/2024
28,31 USD (+3,10%)
(+3,10%)   18/04/2024

Mercury CTO Dr. Bill Conley Appointed to National Defense Industrial Association Central Georgia Chapter Board of Directors

ANDOVER, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced that that Chief Technology Officer Dr. Bill Conley has been appointed to a six-year term on the Board of Directors of the National Defense Industrial Association (NDIA) Central Georgia Chapter. The defense trade organization, based in Arlington, Va., drives strategic dialogue in national security by identifying key issues and leveraging the knowledge and experience of its military, government, industry and academic members.

“It’s an honor to be able to serve on this board and help advance U.S. national security issues,” said Conley. “My long-standing experience in the defense industry and my current role at Mercury are well aligned with the NDIA’s mission to provide best-in-class capabilities to our service men and women.”

In his role as Mercury’s CTO, Conley is responsible for the technical vision and implementation of strategic objectives and aligning technology investments across the Company to meet customer needs. Prior to joining Mercury, Conley was a member of the Federal Senior Executive Service, serving as the Director for Electronic Warfare in the Office of the Secretary of Defense. He began his civilian career as an engineer for the U.S. Navy, and went on to become a program manager at the Defense Advanced Research Projects Agency, better known as DARPA. He has deep experience in research, development, weapon system acquisition, strategic development and implementation.

“It’s a pleasure to have Dr. Conley on our board,” said Hawk Carlisle, NDIA’s president and CEO. “We look forward to his service and his insights as the NDIA continues its mission of supporting our service members, bringing the best possible equipment and technology.”

The appointment further expands Conley’s role as a trusted thought leader in the defense industry. In October, he was named an advisor for the Hudson Institute’s Center for Defense Concepts and Technology, where he leverages his extensive background and expertise in electronic warfare and advanced defense technologies to develop and expand the center’s programs and research.

Operating at the intersection of high-tech and defense, Mercury Systems is the leader in making trusted, secure mission-critical technologies profoundly more accessible. Our work is inspired by our Purpose of delivering Innovation That Matters, By and For People Who Matter, to make the world a safer, more secure place for all. For more information, visit mrcy.com or contact Mercury at (866) 627-6951 or info@mrcy.com.

Mercury Systems – Innovation That Matters®
Mercury Systems is a leading technology company serving the aerospace and defense industry, positioned at the intersection of high-tech and defense. Headquartered in Andover, Mass., the Company delivers solutions that power a broad range of aerospace and defense programs, optimized for mission success in some of the most challenging and demanding environments. The Company envisions, creates and delivers innovative technology solutions purpose-built to meet customers' most-pressing high-tech needs, including those specific to the defense community. To learn more, visit mrcy.com, or follow us on Twitter.

Forward-Looking Safe Harbor Statement
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 herein and to fiscal 2021 business performance and beyond and the Company’s plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “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. Such risks and uncertainties include, but are not limited to, 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, effects of epidemics and pandemics such as COVID, effects of any U.S. federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government’s interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company’s products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to industrial security and cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended July 3, 2020. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

CONTACT
Robert McGrail, Director of Corporate Communications
Mercury Systems Inc.
+1 (978) 967-1366 | robert.mcgrail@mrcy.com

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9446a056-8f8b-41a5-a882-d67a5c48e49c

 


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