Mercury Computer Systems' subsidiary KOR Electronics gets a US Navy 5-year basic sole source orderiing agreement (BOA). This BOA supports the continued development of state-of-the-art techniques and target generation capabilities in conjunction with the advanced Digital RF Memory (DRFM) architecture developed under a prior Small Business Innovation Research (SBIR) Phase II.5 award issued to KOR Electronics. The BOA provides for research and development, production, engineering services and ongoing support and is valued at up to $58M. "This agreement is a perfect example of how the SBIR program can benefit our country's defense and small business," said Kevin Carnino, KOR Electronics President and Chief Executive Officer.
