Reported Earlier, Mercury Systems and Lockheed Martin to Advance Defense Manufacturing Capabilities in Switzerland, Financial Terms Undisclosed

Author: Benzinga Newsdesk | March 21, 2024 07:40am

Mercury Mission Systems International SA (www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced that it will advance the manufacturing of defense technologies in Switzerland in collaboration with Lockheed Martin. This project is a direct result of the offset program between Lockheed Martin and the Swiss government as part of Switzerland's purchase of the F-35 Lightning II.
 

Under two initial engineering development agreements, Mercury will begin manufacturing several embedded computing technologies at its production facility in Geneva. These projects will be enabled by the transfer of two of armasuisses's key security-relevant technologies–software-defined radio technologies and cryptology–to Swiss industry. Mercury expects to receive further expansion opportunities over time to bring the manufacture of additional capabilities to Switzerland.

Posted In: LMT MRCY