Mercury Systems

{{Infobox company

| name = Mercury Systems, Inc.

| logo = Mercury_Systems_logo.svg

| logo_size =

| image_size = 250px

| image_caption = Front entrance of Mercury Systems' headquarters in Andover, MA

| image = Mercury Systems Headquarters Front Entrance.jpg

| former_name = Mercury Computer Systems, Inc.

| type = Public

| traded_as = {{ubl|{{Nasdaq|MRCY}}|S&P 600 component | Russell Microcap Index component}}

| founded = {{Start date and age|1981}}

| hq_location = {{nowrap|Andover, Massachusetts, U.S.}}

| key_people = William L. Ballhaus{{Cite web|url=https://www.mrcy.com/company/company-overview/management-team|title=Leadership Team|website=www.mrcy.com}}
(Interim President/CEO)

| industry = Aerospace and defense

| revenue = {{increase}} {{US$|988 million|link=yes}} (2022){{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1049521/000104952122000046/mrcy-20220701.htm|title=Inline XBRL Viewer|website=www.sec.gov}}

| operating_income = {{decrease}} {{US$|31 million}} (2022)

| net_income = {{decrease}} {{US$|11 million}} (2022)

| assets = {{nowrap|{{increase}} {{US$|2.3 billion}} (2022)}}

| equity = {{increase}} {{US$|1.53 billion}} (2022)

| num_employees = 2,386 (2022)

| website = {{URL|https://mrcy.com}}

}}

Mercury Systems, Inc. is a technology company serving the aerospace and defense industry. It designs, develops and manufactures open architecture computer hardware and software products, including secure embedded processing modules and subsystems, avionics mission computers and displays, rugged secure computer servers, and trusted microelectronics components, modules and subsystems.

Mercury sells its products to defense prime contractors, the US government and original equipment manufacturer (OEM) commercial aerospace companies.

Mercury is based in Andover, Massachusetts, with more than 2300 employees and annual revenues of approximately US$988 million for its fiscal year ended June 30, 2022.{{Cite web|last=|first=|date=|title=EDGAR Filings Mercury Systems|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1049521/000104952120000034/mrcy-20220701.htm|access-date=|website=}}

History

Founded on July 14, 1981 as Mercury Computer Systems by Jay Bertelli.
Went public on the Nasdaq stock exchange on January 30, 1998, listed under the symbol MRCY.{{Cite web|last=|first=|date=|title=Mercury Systems Inc Common Stock – Nasdaq|url=https://www.nasdaq.com/market-activity/stocks/mrcy|access-date=|website=}}
In July 2005, Mercury Computer Systems acquired Echotek Corporation for approximately US$49 million.{{Cite web |title=Mercury Systems Acquires Echotek |url=https://mergr.com/mercury-systems-acquires-echotek |url-status= |website=Mergr}}
In January 2011, Mercury Computer Systems acquired LNX Corporation.{{Cite web |title=Mercury Computer Announces Acquisition of LNX Corporation, Provides Preliminary Results for Second Quarter of Fiscal 2011 |url=https://www.benzinga.com/news/11/01/774814/mercury-computer-announces-acquisition-of-lnx-corporation-provides-preliminary-res |url-status= |website=Benzinga}}
In December, 2011, Mercury Computer Systems acquired KOR Electronics for US$70 million,
In August 2012, Mercury Computer Systems acquired Micronetics for US$74.9 million.{{cite web |url=http://www.militaryaerospace.com/articles/2012/08/mercury-computer-systems-closes-acquisition-of-micronetics.html |title= Military and Aerospace Electronics |date= 10 August 2012 | accessdate=15 November 2012}}
In November 2012, the company changed its name from Mercury Computer Systems to Mercury Systems.Mercury Systems (November 13, 2012) [http://www.globenewswire.com/news-release/2012/11/13/504679/10012021/en/Mercury-Computer-Systems-Announces-Name-Change-to-Mercury-Systems.html Mercury Computer Systems Announces Name Change to "Mercury Systems"] press release.
In December 2015, Mercury Systems acquired Lewis Innovative Technologies, Inc. (LIT).{{Cite press release |url=https://www.globenewswire.com/news-release/2015/12/16/796160/18849/en/Mercury-Systems-Acquires-Lewis-Innovative-Technologies-Inc.html |title=Mercury Systems Acquires Lewis Innovative Technologies, Inc. |first= |last= |date=December 16, 2015 |publisher=GlobeNewswire News Room}}
In November 2016, Mercury Systems acquired Creative Electronic Systems for US$38 million.{{Cite press release |url=https://www.globenewswire.com/news-release/2016/11/03/886366/18849/en/Mercury-Systems-to-Acquire-Mission-Computing-Company-Creative-Electronic-Systems.html |title=Mercury Systems to Acquire Mission Computing Company Creative Electronic Systems |first= |last= |date=November 3, 2016 |publisher=GlobeNewswire News Room}}
In April 2017, Mercury Systems acquired Delta Microwave, LLC (“Delta”) for US$40.5 million, enabling the Company to expand into the satellite communications (SatCom), datalinks and space launch markets.{{Cite press release |title=Mercury Systems Acquires Delta Microwave |url=https://www.globenewswire.com/en/news-release/2017/04/03/953802/18849/en/Mercury-Systems-Acquires-Delta-Microwave.html |url-status= |date=3 April 2017 |publisher=GlobeNewswire News Room}}
In July 2017, Mercury Systems acquired Richland Technologies, LLC (RTL), increasing the Company's market penetration in commercial aerospace, defense platform management, C4I, and mission computing.{{Cite web |last= |first= |title=Mercury Systems acquires Richland Technologies – Military Embedded Systems |url=http://militaryembedded.com/comms/communications/mercury-systems-acquires-richland-technologies |website=militaryembedded.com |publisher=OpenSystems Media}}
In January 2019, Mercury Systems acquired GECO Avionics, LLC for US$36.5 million.{{Cite web|url=https://www.streetinsider.com/Corporate+News/Mercury+Systems+%28MRCY%29+Reports+Acquisition+of+Avionics+and+Mission+Computing+Business/15052919.html|title=Mercury Systems (MRCY) Reports Acquisition of Avionics and Mission Computing Business|website=StreetInsider.com}}
In December 2020, Mercury Systems acquired Physical Optics Corporation (POC) for $310 million.{{Cite press release|last=|first=|date=30 December 2020|title=Mercury Systems Completes Acquisition of Physical Optics Corporation|url=http://www.globenewswire.com/news-release/2020/12/30/2151871/0/en/Mercury-Systems-Completes-Acquisition-of-Physical-Optics-Corporation.html|access-date=7 January 2021|website=GlobeNewswire}}
In May 2021, Mercury Systems acquired Pentek for $65.0 million.{{Cite web|title=Mercury Systems Acquires Pentek for $65 Million|url=https://www.everythingrf.com/News/details/12442-mercury-systems-acquires-pentek-for-65-million|website=everythingRF}}
In November, 2021 Mercury Systems acquired Avalex Technologies Corporation{{Cite press release|title=Mercury Systems completes acquisition of Avalex Technologies|url=https://www.globenewswire.com/news-release/2021/11/08/2329363/18849/en/Mercury-Systems-completes-acquisition-of-Avalex-Technologies.html|website=GlobeNewswire|date=8 November 2021 }} and Atlanta Micro, Inc.{{Cite press release|title=Mercury Systems acquires Atlanta Micro|url=https://www.globenewswire.com/news-release/2021/11/29/2342226/18849/en/Mercury-Systems-acquires-Atlanta-Micro.html|website=GlobeNewswire|date=29 November 2021 }}
In August, 2023 Mercury Systems appointed William L. Ballhaus as the president and CEO.

Facilities

= Manufacturing centers =

Mercury manufactures in New England, New York Metro-area, Southern California and a trusted DMEA facility in the Southwest, which has Missile Defense Agency approval and AS9100 certification. Four Mercury sites have been awarded the James S. Cogswell Award for Outstanding Industrial Security Achievement Award by the Defense Counterintelligence and Security Agency (DCSA).{{Cite press release|last=|first=|date=6 August 2020|title=Mercury Systems Receives Fourth...|url=http://www.globenewswire.com/news-release/2020/08/06/2074657/0/en/Mercury-Systems-Receives-Fourth-Prestigious-Cogswell-Award-from-U-S-Defense-Counterintelligence-and-Security-Agency.html|access-date=|website=}}