Mercury mPOD Training System (MRCY) in flight test phase – July 18, 2022
Mercury systems (MRCY – Free Report) recently announced that its rapidly reprogrammable electronic attack (EA) training system – mPOD – is undergoing final flight testing.
The mPOD is a jammer training module designed to train, test and evaluate military pilots for combat in electromagnetic environments. It simulates realistic adversary jamming threats to better prepare US pilots by forming unique strategies to gain an advantage over adversaries. This solution provides integrated threat presentations, significantly reducing training costs for the US Air Force and Navy.
Mercury’s new EA training system can accurately emulate several enemy jamming techniques validated by the National Air and Space Intelligence Center. It comes with Filthy Buzzard digital radio frequency memory technology and requires little to no tuning by engineers or technicians.
mPOD’s intuitive Windows interface can quickly reprogram missions and threats for different training programs, aircraft and radar systems. The software interface speeds integration with the aircraft display and cockpit control panel (a pre-integration option is also available) and allows pilots to change training missions mid-flight. The system can be attached to the pylon of any aircraft weapon or integrated inside the aircraft to reduce drag and maintain aircraft performance. This new solution was designed with the aim of increasing the survivability of pilots and aircraft.
It’s worth mentioning that Mercury recently introduced the first-ever avionics modular mission platform computer aligned to the Sensor Open Systems Architecture Specification in May. The certifiable high-performance DAL A is developed to improve decision accuracy and response times for pilots, bringing safety and superior capability to pilots and aircraft alike.
The company has benefited from the modernization of radars, electronic warfare and C4I, which offers new opportunities in weapons systems, space, avionics processing, mission computing and robust on-board services. In March, Mercury was awarded a $24 million contract by a leading defense prime contractor for avionics systems for use in a rotary-wing platform for the vertical heavy-lift market. .
Mercury’s ongoing efforts and investments have resulted in successful closing of deals and created approximately $800 million in potential C4I opportunities based on the estimated lifetime value of its top 30 programs.
Zacks Ranking and Other Stocks to Consider
Mercury currently has a Zacks rank of 1 (Strong Buy). Shares of MRCY have jumped 15.6% since the start of the year.
Some other top-ranked stocks in the broader IT and technology sector are Baidu (BIDU – free report), Keysight-Technologies (KEYS – free report) and Synopsis (SNPS – Free Report), each sporting a Zacks rank #1. You can see the full list of today’s Zacks #1 Rank stocks here.
Zacks’ consensus estimate for Baidu’s second-quarter 2022 earnings was revised 31 cents south to $1.38 per share in the past 60 days. For 2022, earnings estimates have moved 3 cents north to $8.27 per share in the past 60 days.
Baidu’s earnings have exceeded the Zacks consensus estimate in each of the previous four quarters, with the average surprise being 52.9%. Shares of BIDU have fallen 5.9% since the start of the year.
Zacks’ consensus estimate for Keysight’s third-quarter fiscal 2022 earnings has been revised 2 cents north to $1.78 per share in the past 60 days. For 2023, earnings estimates have moved 5 cents north to $7.16 per share in the past 30 days.
Keysight’s earnings have exceeded the Zacks consensus estimate in each of the previous four quarters, with the average surprise being 8%. Shares of KEYS have fallen 30.5% since the start of the year.
Zacks’ consensus estimate for Synopsys’ third-quarter fiscal 2022 earnings has been revised 39 cents north to $1.93 per share in the past 60 days. For 2023, earnings estimates rose 62 cents to $9.79 per share over the past 60 days.
Synopsys earnings exceeded the Zacks consensus estimate in each of the previous four quarters, with the average surprise being 2.7%. Shares of SNPS are down 14.8% since the start of the year.