Mercury Systems, a Supplier for Aerospace and Defense, Reports Record Orders and Strong Earnings Jump

Mercury Systems (MRCY) is a specialist in secure processing subsystems for aerospace and defense and is benefiting from rising defense spending. Recent significant contracts have come from the areas of F-35, electronic warfare, and space technology. Recent strategic steps include the acquisition of the cybersecurity provider Star Lab and the optimization of manufacturing capacities. New are two major contracts with a European defense partner, including a five-year agreement for faster and higher-volume production of sensor processing systems. ...