ANDOVER, Mass., Sept. 15, 2022 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a pacesetter in trusted, safe mission-critical applied sciences for aerospace and protection, right now introduced that Allen Couture will be part of the corporate as Senior Vice President of Execution Excellence, efficient October 3, 2022.
In this customer-centric function reporting to Mercury CEO Mark Aslett, Mr. Couture may have a matrixed accountability for engineering, provide chain, operations, high quality, and program administration to make sure Mercury has methods, processes, and expertise that may scale to assist Mercury’s development technique.
Mr. Couture has spent the final 10 years in management roles with Raytheon Technologies, most lately serving as Vice President of Operations & Security at Raytheon Missiles & Defense, the place he was liable for all points of manufacturing, safety, and services for the $15.5 billion, 29,000-employee business. Earlier in his profession he held senior manufacturing and operations roles with Hawker Beechcraft, together with Vice President of Program Management and Vice President of Engineering & Product Development. Mr. Couture spent 15 years within the Canadian Armed Forces Infantry Reserves, the place he was a platoon sergeant and battle faculty teacher. He has a Master’s Certificate in Operations Management from York University and a B.A. in Economics from McMaster University.
“We are exceptionally pleased to welcome Allen to the Mercury leadership team,” mentioned Mercury CEO Mark Aslett. “His deep experience in all aspects of product development and manufacturing will be invaluable as we reaffirm our commitment to delighting our customers by delivering mission-critical capabilities within promised schedules and costs.”
“Mercury understands the needs of its customers with incredible fidelity and prioritizes innovation to deliver unrivaled performance and value,” mentioned Allen Couture. “It’s an exciting time to join a company that is bending the curve to help its customers stay ahead of evolving threats.”
Mercury Systems – Innovation That Matters®
Mercury Systems is a know-how firm that delivers business innovation to quickly rework the worldwide aerospace and protection business. From knowledge to choice, silicon to methods, A&D leaders flip to the merchandise, providers, applied sciences and those who comprise the safe, end-to-end Mercury processing platform—the exponential energy that connects clients to what issues most. Innovation That Matters®. By and For People Who Matter. To study extra, go to mrcy.com, or comply with us on Twitter.
Forward-Looking Safe Harbor Statement
This press launch comprises sure forward-looking statements, as that time period is outlined within the Private Securities Litigation Reform Act of 1995, together with these referring to the services and products described herein and to business efficiency in fiscal 2023 and past, together with our projections for income, natural development, bookings development, and adjusted EBITDA, our expectations concerning the scale of our addressable market, and our plans for development and enchancment in profitability and money circulate. You can establish these statements by the use of the phrases “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and related expressions. These forward-looking statements contain dangers and uncertainties that would trigger precise outcomes to vary materially from these projected or anticipated. Such dangers and uncertainties embody, however will not be restricted to, continued funding of protection packages, the timing and quantities of such funding, common financial and business situations, together with unexpected weak point within the Company’s markets, results of epidemics and pandemics such as COVID, results of any U.S. Federal authorities shutdown or prolonged persevering with decision, results of continued geopolitical unrest and regional conflicts, competitors, inflation, adjustments in know-how and strategies of advertising, delays in finishing engineering and manufacturing packages, adjustments in buyer order patterns, adjustments in product combine, continued success in technological advances and delivering technological improvements, adjustments in, or within the U.S. Government’s interpretation of, federal export management or procurement guidelines and rules, adjustments in, or within the interpretation or enforcement of environmental guidelines and rules, market acceptance of the Company’s merchandise, shortages in or delays in receiving parts, provide chain volatility for crucial parts such as semiconductors, manufacturing delays or unanticipated bills resulting from efficiency high quality points with outsourced parts, incapability to completely notice the anticipated advantages from acquisitions, restructurings and worth creation initiatives such as 1MPACT, or delays in realizing such advantages, challenges in integrating acquired companies and attaining anticipated synergies, results of shareholder activism, will increase in rates of interest, adjustments to industrial safety and cyber-security rules and necessities, adjustments in tax charges or tax rules, adjustments to rate of interest swaps or different money circulate hedging preparations, adjustments to typically accepted accounting ideas, difficulties in retaining key workers and clients, unanticipated prices underneath fixed-price service and system integration engagements, and varied different elements past our management. These dangers and uncertainties additionally embody such extra danger elements as are mentioned within the Company’s filings with the U.S. Securities and Exchange Commission, together with its Annual Report on Form 10-Ok for the fiscal yr ended July 1, 2022. The Company cautions readers to not place undue reliance upon any such forward-looking statements, which communicate solely as of the date made. The Company undertakes no obligation to replace any forward-looking assertion to replicate occasions or circumstances after the date on which such assertion is made.
CONTACT
Turner Brinton, Sr. Director of Corporate Communications
Mercury Systems Inc.
[email protected]
Mercury Systems and Innovation That Matters are registered logos of Mercury Systems, Inc. Other product and firm names talked about could also be logos and/or registered logos of their respective holders.
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