Mercury Systems

Last updated
Mercury Systems, Inc.
FormerlyMercury Computer Systems, Inc.
Company type Public
Industry Aerospace and defense
Founded1981;43 years ago (1981)
Headquarters Andover, Massachusetts, U.S.
Key people
William L. Ballhaus [1]
(Interim President/CEO)
RevenueIncrease2.svg US$988 million (2022) [2]
Decrease2.svgUS$31 million (2022) [2]
Decrease2.svgUS$11 million (2022) [2]
Total assets Increase2.svgUS$2.3 billion (2022) [2]
Total equity Increase2.svgUS$1.53 billion (2022) [2]
Number of employees
2,386 (2022) [2]
Website 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.

Contents

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. [3]

History

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). [18]

Related Research Articles

<span class="mw-page-title-main">General Dynamics</span> Defense manufacturing conglomerate

General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales. The company is a Fortune 100 company, and was ranked No. 94 in 2022.

<span class="mw-page-title-main">Sperry Corporation</span> American equipment and electronics company (1910–1986)

Sperry Corporation was a major American equipment and electronics company whose existence spanned more than seven decades of the 20th century. Sperry ceased to exist in 1986 following a prolonged hostile takeover bid engineered by Burroughs Corporation, which merged the combined operation under the new name Unisys. Some of Sperry's former divisions became part of Honeywell, Lockheed Martin, Raytheon Technologies, and Northrop Grumman.

The Curtiss-Wright Corporation is a manufacturer and services provider headquartered in Davidson, North Carolina, with factories and operations in and outside the United States. Created in 1929 from the consolidation of Curtiss, Wright, and various supplier companies, the company was immediately the country's largest aviation firm and built more than 142,000 aircraft engines for the U.S. military during World War II.

<span class="mw-page-title-main">Honeywell</span> American multinational conglomerate

Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace; building automation; performance materials and technologies (PMT); and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.

<span class="mw-page-title-main">L3 Technologies</span> Defunct American defense and electronic equipment manufacturer

L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and wireless customers. In 2019, it merged with Harris Corporation to form L3Harris Technologies.

<span class="mw-page-title-main">CA Technologies</span> American software company (1976–2018)

CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

Ball Aerospace & Technologies Corp., commonly Ball Aerospace, was an American manufacturer of spacecraft, components and instruments for national defense, civil space and commercial space applications.

<span class="mw-page-title-main">Rockwell Collins</span> Defunct US-based electronics company (2001-2018)

Rockwell Collins, Inc. was a multinational corporation headquartered in Cedar Rapids, Iowa, providing avionics and information technology systems and services to government agencies and aircraft manufacturers. It was formed when the Collins Radio Company, facing financial difficulties, was purchased by Rockwell International in 1973. In 2001, the avionics division of Rockwell International was spun off to form the current Rockwell Collins, Inc., retaining its name.

Harris Corporation was an American technology company, defense contractor, and information technology services provider that produced wireless equipment, tactical radios, electronic systems, night vision equipment and both terrestrial and spaceborne antennas for use in the government, defense, emergency service, and commercial sectors. They specialized in surveillance solutions, microwave weaponry, and electronic warfare. In 2019, it merged with L3 Technologies to form L3Harris Technologies.

Moog Inc. is an American-based designer and manufacturer of electric, electro-hydraulic and hydraulic motion, controls and systems for applications in aerospace, defense, industrial and medical devices. The company operates under four segments: aircraft controls, space and defense controls, industrial controls, and components. Moog is headquartered in Elma, New York, and has sales, engineering, and manufacturing facilities in twenty-six countries.

<span class="mw-page-title-main">PerkinElmer</span> American corporation focused on life science research

PerkinElmer, Inc., previously styled Perkin-Elmer, is an American global corporation that was founded in 1937 and originally focused on precision optics. Over the years it went into and out of several different businesses via acquisitions and divestitures; these included defense products, semiconductors, computer systems, and others. By the 21st century, PerkinElmer was focused in the business areas of diagnostics, life science research, food, environmental and industrial testing. Its capabilities include detection, imaging, informatics, and service. It produced analytical instruments, genetic testing and diagnostic tools, medical imaging components, software, instruments, and consumables for multiple end markets. PerkinElmer was part of the S&P 500 Index and operated in 190 countries.

Collins Aerospace is an American technology company that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina, it is a subsidiary of RTX Corporation.

Maxim Integrated Products, Inc., a subsidiary of Analog Devices, designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio includes power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide.

Lear Siegler Incorporated (LSI) is a diverse American corporation established in 1962. Its products range from car seats and brakes to weapons control systems for military fighter planes. The company's more than $2 billion-a-year annual sales comes from three major areas: aerospace-technology, automotive parts, and industrial-commercial. The company, however, is basically anonymous, since its products are either unmarked or bear only the label "LSI". Lear Siegler went private in 1987.

Lynx Software Technologies, Inc. is a San Jose, California software company founded in 1988. Lynx specializes in secure virtualization and open, reliable, certifiable real-time operating systems (RTOSes). Originally known as Lynx Real-Time Systems, the company changed its name to LynuxWorks in 2000 after acquiring, and merging with, ISDCorp, an embedded systems company with a strong Linux background. In May 2014, the company changed its name to Lynx Software Technologies.

Microsemi Corporation was an Aliso Viejo, California-based provider of semiconductor and system solutions for aerospace & defense, communications, data center and industrial markets.

Esterline Technologies Corporation was a publicly traded company that designs, manufactures, and markets specialty products primarily for aerospace and defense customers. The company is best known as a supplier of products and equipment for aerospace companies such as Boeing and Airbus; and for American and allied military forces.

Simmons Bank is a bank with operations in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. It is the primary subsidiary of Simmons First National Corporation, a bank holding company.

L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider that produces command and control systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors.

<span class="mw-page-title-main">RTX Corporation</span> American multinational aerospace and defense conglomerate

RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's seat in Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is also a large military contractor, getting a significant portion of its revenue from the U.S. government.

References

  1. "Leadership Team". www.mrcy.com.
  2. 1 2 3 4 5 6 "Inline XBRL Viewer". www.sec.gov.
  3. "EDGAR Filings Mercury Systems".
  4. "Mercury Systems Inc Common Stock – Nasdaq".
  5. "Mercury Systems Acquires Echotek". Mergr.
  6. "Mercury Computer Announces Acquisition of LNX Corporation, Provides Preliminary Results for Second Quarter of Fiscal 2011". Benzinga.
  7. "Military and Aerospace Electronics". 10 August 2012. Retrieved 15 November 2012.
  8. Mercury Systems (November 13, 2012) Mercury Computer Systems Announces Name Change to "Mercury Systems" press release.
  9. "Mercury Systems Acquires Lewis Innovative Technologies, Inc" (Press release). GlobeNewswire News Room. December 16, 2015.
  10. "Mercury Systems to Acquire Mission Computing Company Creative Electronic Systems" (Press release). GlobeNewswire News Room. November 3, 2016.
  11. "Mercury Systems Acquires Delta Microwave" (Press release). GlobeNewswire News Room. 3 April 2017.
  12. "Mercury Systems acquires Richland Technologies – Military Embedded Systems". militaryembedded.com. OpenSystems Media.
  13. "Mercury Systems (MRCY) Reports Acquisition of Avionics and Mission Computing Business". StreetInsider.com.
  14. "Mercury Systems Completes Acquisition of Physical Optics Corporation". GlobeNewswire (Press release). 30 December 2020. Retrieved 7 January 2021.
  15. "Mercury Systems Acquires Pentek for $65 Million". everythingRF.
  16. "Mercury Systems completes acquisition of Avalex Technologies". GlobeNewswire (Press release). 8 November 2021.
  17. "Mercury Systems acquires Atlanta Micro". GlobeNewswire (Press release). 29 November 2021.
  18. "Mercury Systems Receives Fourth..." (Press release). 6 August 2020.