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Thursday, 03/09/2017 8:57:24 AM

Thursday, March 09, 2017 8:57:24 AM

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PRINCETON, N.J., March 9, 2017 /PRNewswire/ -- Mikros Systems Corporation (OTCQB: MKRS) announced today that it has received a three-year $11.5 million order from the U.S. Navy for engineering and technical support of its ADEPT maintenance workstation. The award is the second Delivery Order issued under Mikros' Indefinite Delivery Indefinite Quantity multi-year $35.1 million contract with the Naval Surface Warfare Center in Crane, IN.

The order covers engineering services to provide product support, systems engineering, increased capabilities and upgrades to the more than 200 ADEPT systems currently deployed by the United States Navy. This order will run through 2020. Navy cruisers and destroyers use ADEPT to help maintain and optimize the performance of advanced radars, including the AN/SPY-1 phased array radar used by the Aegis combat system.


"This order enables Mikros Systems to continue delivering advanced capabilities to the warfighter," said Chuck Bristow, Mikros Chief Operating Officer. "It will also provide a pathway to increased ADEPT adoption into additional combat systems and ship classes. We look forward to continuing to work with our Navy customer to improve and expand the capabilities of our ADEPT system."

Mikros Systems maintains an engineering and development facility in Fort Washington, Pennsylvania, and a manufacturing and depot center in Largo, Florida.

Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros' primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities. For more information on Mikros, please visit: www.mikrossystems.com.

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