Mercury Systems

From Wikipedia, the free encyclopedia
Mercury Systems
TypePublic
IndustryAerospace and defense
Founded1981
HeadquartersAndover, Massachusetts,
United States
Key people
Mark Aslett[1]
(President/CEO)
Revenue$797 million USD (FY 2020)[2]
Number of employees
~1,900 (June 2020)[3]
Websitewww.mrcy.com

Mercury Systems, Inc. (Nasdaq: MRCY) is a global 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 U.S. government and original equipment manufacturer (OEM) commercial aerospace companies.

Mercury is based in Andover, Massachusetts, with more than 2300 employees in offices around the world and annual revenues of approximately US$797 million for its fiscal year ended June 30, 2020.[4]

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.[5]
  • In July 2005, Mercury Computer Systems acquired Echotek Corporation for approximately US$49 million.[6]
  • In January 2011, Mercury Computer Systems acquired LNX Corporation.[7]
  • 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.[8]
  • In November 2012, the company changed its name from Mercury Computer Systems to Mercury Systems.[9]
  • In December 2015, Mercury Systems acquired Lewis Innovative Technologies, Inc. (LIT).[10][11]
  • 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.[12]
  • 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.[13]
  • In January 2019, Mercury Systems acquired GECO Avionics, LLC for US$36.5 million.[14]
  • In December 2020, Mercury Systems acquired Physical Optics Corporation (POC) for $310 million.[15]
  • In May 2021, Mercury Systems acquired Pentek for $65.0 million.[16]

Facilities[]

Corporate headquarters[]

Mercury is headquartered in Andover, Massachusetts.[17]

Manufacturing centers[]

Mercury has redundant, scalable Advanced Microelectronic Centers (AMCs) operated 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).[18][19]

International[]

Mercury’s businesses are supported by several dedicated international operations including: Toronto, Canada; Silchester, United Kingdom; Tokyo, Japan; Geneva, Switzerland; Saint Martin, France; and Madrid, Spain.

Markets[]

Mercury serves the following markets:

  • Platform and Mission Management
  • Avionics & Vetronics
  • Command, Control and Intelligence (C2I)
  • Communications
  • Electronic Warfare
  • Radar
  • Electro-optical/Infrared (EO/IR)
  • Acoustics
  • Weapons
  • Commercial Infrastructure

References[]

  1. ^ [1]
  2. ^ "Inline XBRL Viewer". www.sec.gov.
  3. ^ "Company". www.mrcy.com.
  4. ^ "EDGAR Filings Mercury Systems".
  5. ^ "Mercury Systems Inc Common Stock - Nasdaq".
  6. ^ [2]
  7. ^ [3]
  8. ^ "Military and Aerospace Electronics". Retrieved 15 November 2012.
  9. ^ Mercury Systems (November 13, 2012) Mercury Computer Systems Announces Name Change to "Mercury Systems" press release.
  10. ^ Inc, Mercury Systems (December 16, 2015). "Mercury Systems Acquires Lewis Innovative Technologies, Inc". GlobeNewswire News Room.
  11. ^ Inc, Mercury Systems (November 3, 2016). "Mercury Systems to Acquire Mission Computing Company Creative Electronic Systems". GlobeNewswire News Room.
  12. ^ [4]
  13. ^ Media, OpenSystems. "Mercury Systems acquires Richland Technologies - Military Embedded Systems". militaryembedded.com.
  14. ^ "Mercury Systems (MRCY) Reports Acquisition of Avionics and Mission Computing Business". StreetInsider.com.
  15. ^ "Mercury Systems Completes Acquisition of Physical Optics Corporation". GlobeNewswire. 30 December 2020. Retrieved 7 January 2021.
  16. ^ "Mercury Systems Acquires Pentek for $65 Million". everythingRF.
  17. ^ [5][dead link]
  18. ^ "DMEA".
  19. ^ "Mercury Systems Receives Fourth..."

External links[]

Retrieved from ""