Mercury Systems
| Company type | Public |
|---|---|
| Industry | Aerospace and defense technology |
| Founded | July 14, 1981 |
| Founder | Jay Bertelli |
| Headquarters | Andover, Massachusetts , United States |
Area served | Worldwide |
Key people | William L. Ballhaus (President and CEO) |
| Products | Open architecture computing hardware and software solutions, secure embedded processing units, avionics mission computers, ruggedized secure servers, trusted microelectronics components |
Number of employees | 2300+ (2022) |
| Website | www |
Mercury Systems, Inc. is a technology firm focused on the aerospace and defense sectors. It develops and produces open architecture computing hardware and software solutions, such as secure embedded processing units, avionics mission computers, ruggedized secure servers, and trusted microelectronics components.
The company provides products and services to major defense contractors, the United States government, and original equipment manufacturer (OEM) commercial aerospace businesses. Based in Andover, Massachusetts, Mercury employs more than 2,300 individuals and generated revenues near US$988 million for the fiscal year ending June 30, 2022.
History
- Established on July 14, 1981, by entrepreneur Jay Bertelli.
- Listed on Nasdaq under the ticker MRCY beginning January 30, 1998.
- Acquisitions have included Echotek Corporation (2005, approximately $49 million), LNX Corporation (2011), KOR Electronics (2011, $70 million), Micronetics (2012, $74.9 million), Lewis Innovative Technologies (2015), Creative Electronic Systems (2016, $38 million), and Delta Microwave (2017, $40.5 million), broadening its presence in satellite communications and space launch industries.
- Expanded its market footprint further through the acquisitions of Richland Technologies (2017), GECO Avionics (2019, $36.5 million), Physical Optics Corporation (2020, $310 million), Pentek (2021, $65 million), along with Avalex Technologies and Atlanta Micro in 2021.
- The company changed its name from Mercury Computer Systems to Mercury Systems in November 2012.
- In August 2023, William L. Ballhaus was named president and CEO, bringing strategic vision to enhance growth and maintain competitive positioning within aerospace and defense markets.
Manufacturing centers
Mercury maintains manufacturing operations across New England, the New York metropolitan region, Southern California, and a DMEA-certified, AS9100-accredited facility located in the Southwest. Four of these sites have received the James S. Cogswell Award for Outstanding Industrial Security Achievement from the Defense Counterintelligence and Security Agency (DCSA), underscoring the company’s dedication to security excellence and quality standards within its defense industry activities.