# MERCURY SYSTEMS INC

Summary updated: 2026-10-02T16:46:02.6318Z
Canonical: https://finbar.com/research/companies/mercury-systems-inc

## Overview

Mercury Systems, Inc. is an aerospace and defense electronics company that develops signal- and data-processing technologies, adapting commercial technologies for secure, mission-critical applications. Its products include electronic components, embedded-computing modules and subassemblies, and integrated systems used in areas such as sensor processing, aviation and mission computing, and command, control, communications, computers and intelligence (C4I). The company describes its purpose as “Innovation that Matters” and emphasizes delivering secure processing capabilities for aerospace and defense customers. [1](https://app.finbar.com/go?id=P156711411)[2](https://app.finbar.com/go?id=P156711416)[3](https://app.finbar.com/go?id=P156711446)[4](https://app.finbar.com/go?id=P156711447)[5](https://app.finbar.com/go?id=P156711448)[6](https://www.mrcy.com/careers/culture-values)

Headquartered in Andover, Massachusetts, Mercury has facilities across the United States and an engineering, development and integration facility in Silchester, England. It reported FY2026 revenue of approximately $984 million, and its company profile reports approximately 2,400 global team members. Founded in 1981, Mercury has grown into a company serving aerospace and defense customers through locations worldwide. [1](https://app.finbar.com/go?id=P156711411)[7](https://app.finbar.com/go?id=P156711499)[8](https://app.finbar.com/go?id=T18090542)[9](https://www.mrcy.com/company)[10](https://www.mrcy.com/company/blogs/shaping-whats-next-40-years-innovation)
[1](https://app.finbar.com/go?id=P156711411)[2](https://app.finbar.com/go?id=P156711416)[3](https://app.finbar.com/go?id=P156711446)[4](https://app.finbar.com/go?id=P156711447)[5](https://app.finbar.com/go?id=P156711448)[6](https://www.mrcy.com/careers/culture-values)[7](https://app.finbar.com/go?id=P156711499)[8](https://app.finbar.com/go?id=T18090542)[9](https://www.mrcy.com/company)[10](https://www.mrcy.com/company/blogs/shaping-whats-next-40-years-innovation)[6](https://www.mrcy.com/careers/culture-values)[9](https://www.mrcy.com/company)[10](https://www.mrcy.com/company/blogs/shaping-whats-next-40-years-innovation)

## Products & services

Mercury Systems’ products span signal processing, computing, data management, display and secure processing. Its signal products handle microwave and mixed-signal processing, including frequency conversion, signal conditioning and routing, digitization, and FPGA processing. Compute products range from general-purpose processors to tailored CPU/GPU-based coprocessors; data-management products record, store and encrypt data or video and support secure communications; display products provide human-machine interfaces; and secure products incorporate trusted processing, anti-tamper and cybersecurity capabilities. [11](https://app.finbar.com/go?id=P156711428)[12](https://app.finbar.com/go?id=P156711429)[13](https://app.finbar.com/go?id=P156711430)[14](https://app.finbar.com/go?id=P156711431)[15](https://app.finbar.com/go?id=P156711432)[16](https://app.finbar.com/go?id=P156711433)[17](https://app.finbar.com/go?id=P156711436)

Products are delivered as electronic components, modules and subassemblies, and integrated systems. Examples include RF/microwave components, custom microelectronics, embedded sensor-processing subsystems, rugged servers and avionics mission computers. They are designed for demanding environments and size, weight and power constraints, with architectures intended to scale from a few processors to thousands. Named examples include the RFM3111 microwave transceiver, specified for 6–18 GHz; the DCM6212 OpenVPX digital transceiver, with two ADC and two DAC channels and sampling rates up to 6.4 GSPS; and the RFS1140 Direct RF system-in-package module. [18](https://app.finbar.com/go?id=P156711441)[19](https://app.finbar.com/go?id=P156711442)[20](https://www.mrcy.com/products/signal/rf-microwave/analog-rf-boards/rfm3111)[21](https://www.mrcy.com/products/signal/digital-signal-processing-boards/digital-conversion-boards/dcm6212)[22](https://www.mrcy.com/products/compute/system-package-multi-chip-modules/rfs1140-directrf-mcm-soc)

The portfolio supports radar, electronic warfare, C4I and other sensor and effector applications. Specialized offerings include digital RF memory, radar-environment simulation and test systems, SIGINT payloads, EO/IR technologies for small UAVs, and onboard processors for real-time wide-area motion imagery. Services include engineering and custom mission-specific development, subsystem design, systems integration, manufacturing and testing, as well as software and system lifecycle support. [23](https://app.finbar.com/go?id=P156711508)[24](https://app.finbar.com/go?id=P156712417)[25](https://app.finbar.com/go?id=P156712418)[26](https://app.finbar.com/go?id=P156712419)[27](https://app.finbar.com/go?id=P156712420)[28](https://app.finbar.com/go?id=P156712421)[29](https://app.finbar.com/go?id=P156712422)[2](https://app.finbar.com/go?id=P156711416)[30](https://app.finbar.com/go?id=P156711494)[31](https://app.finbar.com/go?id=P156711456)[32](https://www.mrcy.com/innovation/capabilities/systems-integration)[33](https://www.mrcy.com/innovation/capabilities/engineering-manufacturing-services)

In fiscal 2026, integrated solutions represented 49.7% of revenue, modules and subassemblies 29.4%, and components 20.9%. [34](https://app.finbar.com/go?id=P156712423)[35](https://app.finbar.com/go?id=P156712424)[36](https://app.finbar.com/go?id=P156712425)[37](https://app.finbar.com/go?id=P156712426)[38](https://app.finbar.com/go?id=P156712427)
[11](https://app.finbar.com/go?id=P156711428)[12](https://app.finbar.com/go?id=P156711429)[13](https://app.finbar.com/go?id=P156711430)[14](https://app.finbar.com/go?id=P156711431)[15](https://app.finbar.com/go?id=P156711432)[16](https://app.finbar.com/go?id=P156711433)[17](https://app.finbar.com/go?id=P156711436)[18](https://app.finbar.com/go?id=P156711441)[19](https://app.finbar.com/go?id=P156711442)[23](https://app.finbar.com/go?id=P156711508)[24](https://app.finbar.com/go?id=P156712417)[25](https://app.finbar.com/go?id=P156712418)[26](https://app.finbar.com/go?id=P156712419)[27](https://app.finbar.com/go?id=P156712420)[28](https://app.finbar.com/go?id=P156712421)[29](https://app.finbar.com/go?id=P156712422)[2](https://app.finbar.com/go?id=P156711416)[30](https://app.finbar.com/go?id=P156711494)[31](https://app.finbar.com/go?id=P156711456)[34](https://app.finbar.com/go?id=P156712423)[35](https://app.finbar.com/go?id=P156712424)[36](https://app.finbar.com/go?id=P156712425)[37](https://app.finbar.com/go?id=P156712426)[38](https://app.finbar.com/go?id=P156712427)[20](https://www.mrcy.com/products/signal/rf-microwave/analog-rf-boards/rfm3111)[21](https://www.mrcy.com/products/signal/digital-signal-processing-boards/digital-conversion-boards/dcm6212)[22](https://www.mrcy.com/products/compute/system-package-multi-chip-modules/rfs1140-directrf-mcm-soc)[32](https://www.mrcy.com/innovation/capabilities/systems-integration)[33](https://www.mrcy.com/innovation/capabilities/engineering-manufacturing-services)

## Geographic presence

Mercury Systems’ geographic footprint is concentrated in the United States. In FY2025, it reported $859.1 million of revenue from the U.S. (94.2% of total) and $53.0 million from Europe (5.8%); Asia Pacific revenue was reported as nil. Geographic revenue is based on order origination and the domicile of the relevant legal subsidiary, rather than necessarily the end customer’s location. [39](https://app.finbar.com/go?id=T11965155) The company reported $100.5 million of long-lived assets in the U.S. and $1.0 million in Europe. [39](https://app.finbar.com/go?id=T11965155)

As of June 27, 2025, Mercury had 2,162 employees excluding contractors: 2,061 in the U.S. and 101 outside the U.S. Its U.S. operations span 12 states; its non-U.S. locations are in Spain, Switzerland, and the U.K. [40](https://app.finbar.com/go?id=P18557246) U.S. sites identified in the company’s filings include Phoenix, Arizona; Andover and Hudson in Massachusetts and New Hampshire; and locations in California, Indiana, Alabama, Georgia, Virginia, and New Jersey. The company also identifies Silchester, England, as a site for engineering, development, and integration services. [41](https://app.finbar.com/go?id=P97226797)[42](https://app.finbar.com/go?id=P119856134) Its official locations directory provides additional office-location details. [43](https://www.mrcy.com/company/company-overview/locations)
[39](https://app.finbar.com/go?id=T11965155)[40](https://app.finbar.com/go?id=P18557246)[41](https://app.finbar.com/go?id=P97226797)[42](https://app.finbar.com/go?id=P119856134)[43](https://www.mrcy.com/company/company-overview/locations)

## Business segments

Mercury Systems reported one operating and reportable segment for FY2026, ended July 3, 2026, representing 100% of consolidated revenue of $983.6 million. Its business is also organized into four business units, but these are not separately reported financial segments: Signal Technologies and Processing Technologies are product-oriented units; Integrated Processing Solutions focuses on more comprehensive solutions; and EMEA focuses on bringing edge-processing capabilities to international markets. [44](https://app.finbar.com/go?id=P156711988)[45](https://app.finbar.com/go?id=P156711417)

The company does not disclose revenue shares for those business units. Instead, its FY2026 product-grouping revenue mix was components, approximately 20.9%; modules and sub-assemblies, 29.4%; and integrated solutions, 49.7%. [46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)

A separate end-application classification reported radar at approximately 19.2% of revenue, electronic warfare at 11.5%, other sensor and effector at 14.8%, C4I at 40.6%, and other at 13.8%. These are revenue classifications, not additional reportable segments. [47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)
[44](https://app.finbar.com/go?id=P156711988)[45](https://app.finbar.com/go?id=P156711417)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[46](https://app.finbar.com/go?id=T18090578)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)[47](https://app.finbar.com/go?id=T18090577)

## Company history

Mercury Systems was founded by Jay Bertelli on July 14, 1981; the company began shipping products in 1984–85. It went public on January 29, 1998, as Mercury Computer Systems. [10](https://www.mrcy.com/company/blogs/shaping-whats-next-40-years-innovation) [48](https://media.corporate-ir.net/media_files/irol/11/118140/reports/MRCYBertelliTWSTInterview2006.pdf) [49](https://ir.mrcy.com/investor-faqs) In 2007, Mark Aslett was appointed president and chief executive officer. [50](https://www.sec.gov/Archives/edgar/data/1049521/000119312507250835/d8k.htm)

A series of acquisitions broadened the company’s capabilities in defense electronics. Mercury acquired KOR Electronics and Paragon Dynamics in 2011, followed by Micronetics in 2012; that November, Mercury Computer Systems changed its name to Mercury Systems, Inc. [51](https://ir.mrcy.com/news-releases/news-release-details/mercury-computer-systems-completes-acquisition-kor-electronics) [52](https://ir.mrcy.com/news-releases/news-release-details/mercury-computer-systems-completes-acquisition-micronetics) [53](https://www.sec.gov/Archives/edgar/data/1049521/000119312512465660/d433286dex31.htm) Further acquisitions in 2016–17—including Microsemi’s embedded-security, RF/microwave and custom-microelectronics businesses, CES Creative Electronic Systems and Themis Computer—expanded its embedded and mission-computing portfolio. [54](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-previously-announced-acquisition) [55](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-previously-announced-acquisition-0) [56](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquire-themis-computer)

The company continued broadening its portfolio through acquisitions including Physical Optics Corporation in 2020 and Pentek, Avalex Technologies and Atlanta Micro in 2021. [57](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-acquisition-physical-optics) [58](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquires-pentek) [59](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-acquisition-avalex-technologies) [60](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquires-atlanta-micro) Aslett’s departure took effect in June 2023, when board member Bill Ballhaus became interim CEO; Ballhaus was named permanent president and CEO in August. [61](https://app.finbar.com/go?id=P96513690) [62](https://app.finbar.com/go?id=P112297662) In May 2025, Mercury acquired cybersecurity software provider Star Lab. [63](https://ir.mrcy.com/news-releases/news-release-details/mercury-acquires-star-lab-advance-its-leadership-position-secure)
[61](https://app.finbar.com/go?id=P96513690)[62](https://app.finbar.com/go?id=P112297662)[10](https://www.mrcy.com/company/blogs/shaping-whats-next-40-years-innovation)[48](https://media.corporate-ir.net/media_files/irol/11/118140/reports/MRCYBertelliTWSTInterview2006.pdf)[49](https://ir.mrcy.com/investor-faqs)[50](https://www.sec.gov/Archives/edgar/data/1049521/000119312507250835/d8k.htm)[51](https://ir.mrcy.com/news-releases/news-release-details/mercury-computer-systems-completes-acquisition-kor-electronics)[52](https://ir.mrcy.com/news-releases/news-release-details/mercury-computer-systems-completes-acquisition-micronetics)[53](https://www.sec.gov/Archives/edgar/data/1049521/000119312512465660/d433286dex31.htm)[54](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-previously-announced-acquisition)[55](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-previously-announced-acquisition-0)[56](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquire-themis-computer)[57](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-acquisition-physical-optics)[58](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquires-pentek)[59](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-completes-acquisition-avalex-technologies)[60](https://ir.mrcy.com/news-releases/news-release-details/mercury-systems-acquires-atlanta-micro)[63](https://ir.mrcy.com/news-releases/news-release-details/mercury-acquires-star-lab-advance-its-leadership-position-secure)

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