Sunday, November 8, 2026
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The business of defense

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Company

Mercury Systems, Inc.

HeadquartersAndover, MA ↗
Founded1981 ↗
LeadershipWilliam L. Ballhaus, Chairman & CEO ↗
Employees2,102 ↗
Revenue$984 million (fiscal 2026) ↗
Department of War obligations$103 million in prime contracts since fiscal 2022 ↗
SharesMRCY ↗

Products

  • Mercury's Signal line covers microwave and mixed-signal technology for analog and digital signal processing and conversion. ↗
  • Mercury's Compute line provides digital processing to extract actionable data, from OpenVPX embedded processing to rack servers and mission computers. ↗
  • Mercury's Data Management line captures, transfers, stores and protects data. ↗
  • Mercury's Display line provides visual interfaces, including multi-function displays and head-up displays. ↗
  • Mercury's Secure line offers secure IP, hardware and software to protect critical information and systems. ↗

Customers

Deals since 2020

Apr 202530

Mercury Systems buys Star Lab

Seller: Wind River Systems

A subsidiary of Wind River Systems, Inc. that provides anti-tamper and cybersecurity software solutions designed to protect mission-critical processors from advanced attacks.

cyberSource
$4 millionClosed Apr 30, 2025
Apr 202515

Mercury Systems sells Mercury Systems manufacturing operations in Plan-Les-Ouates, Switzerland to Cicor Group

Buyer: Cicor Group

Mercury's manufacturing operations in Plan-Les-Ouates, Switzerland; Cicor now provides contract manufacturing to supply Mercury's international operations with electronic products over the next five years.

C4ISR and electronicsSource
$6 millionClosed
Nov 202129

Mercury Systems buys Atlanta Micro

A designer and manufacturer of high-performance RF modules and components, including advanced monolithic microwave integrated circuits.

EW and sensorscomponents and materialsSource
$90 millionClosed Nov 29, 2021
Sep 202127

Mercury Systems buys Avalex Technologies

A provider of mission-critical avionics, including rugged displays, integrated communications management systems, digital video recorders, and warning systems.

C4ISR and electronicsSource
$155 millionClosed Nov 5, 2021
May 202127

Mercury Systems buys Pentek

A designer and manufacturer of ruggedized, high-performance, commercial off-the-shelf software-defined radio and data acquisition boards, recording systems and subsystems for high-end commercial and defense applications.

EW and sensorsC4ISR and electronicsSource
$65 millionClosed May 27, 2021
Dec 202007

Mercury Systems buys Physical Optics

A designer, developer and integrator of advanced technologies primarily focused on avionics and mission subsystems for defense applications.

C4ISR and electronicsSource
$310 millionClosed Dec 30, 2020

The deal tracker

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