Mercury Systems Invests in Microelectronics Business Expansion Effort; Mark Aslett Quoted

Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.

“This investment directly addresses the DoD requirement for made-in-USA microelectronics and equips the warfighter with a state-of-the-art military-grade product, leveraging the most advanced commercial technologies,” Mark Aslett, president and CEO of Mercury Systems, said in a statement published Tuesday.

“This is an expansion upon existing investments which began in earnest three years ago, following Mercury’s acquisition of Microsemi’s custom microelectronics business,” Aslett added.

The expansion effort backs the company’s strategy to further create manufacturing and tech capabilities to deliver novel platforms and services to defense and aerospace clients and supports the goal of the Defense Advanced Research Projects Agency’s Electronics Resurgence Initiative to create an automated and secure electronics industry that meets the needs of defense and commercial sectors.