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Mercury Systems

MRCYsupplier

Mercury Systems is a defense electronics company that supplies rugged embedded processing, RF subsystems, and secure memory for mission-critical military platforms including the F-35, Patriot missile system, and various radar and electronic warfare programs.

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Products & Revenue

Product Revenue Share

Revenue Breakdown ($0.9B)

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Mission Systems (65%)
Integrated Sensor Processing (25%)
Other (10%)

Segment Breakdown & Key Customers

Product Details

Mission Processors40%

Rugged embedded computing modules for radar, EW, and C4ISR systems

RF & Microwave Subsystems30%

Integrated RF sensor processing chains for military platforms

Secure Memory & Storage15%

Encrypted solid-state storage for classified defense applications

Macro & Market Context

NATO 지출 의무화 + 우크라이나 재건 → 다년간 수주 잔고 사상 최대

미 국방예산 (FY2026)

$921B

NATO 방위비 GDP 목표

2% → 2.5%

KTOS 수주 잔고

$1.1B (+34%)

드론 시장 규모 (2030E)

$58B

Upcoming Catalysts

NOC/LMT/LHX/RTX Q1 실적 (2026.04)KTOS 국방부 드론 계약 발표NATO 정상회의 방위비 최종 합의 (2026.06)

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Company Info

Headquarters

Andover, Massachusetts, USA

Founded

1981

Employees

4,800+

Website

mrcy.com

Sector Overview방산

Sector News

NATO 지출 의무화 + 우크라이나 재건 → 다년간 수주 잔고 사상 최대

미 국방예산 (FY2026)

$921B

NATO 방위비 GDP 목표

2% → 2.5%

KTOS 수주 잔고

$1.1B (+34%)

드론 시장 규모 (2030E)

$58B

Key Themes

  • NATO 32개국 방위비 GDP 2.5% 의무화 → 10년 수요 가시성 확보
  • Loyal Wingman 드론 경쟁 — KTOS Valkyrie 핵심 수혜
  • 우크라이나 재건 + 방공망 현대화 수요

Upcoming Catalysts

  • NOC/LMT/LHX/RTX Q1 실적 (2026.04)
  • KTOS 국방부 드론 계약 발표