Mercury Systems

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Mercury Systems
Public
Traded as
Industry Aerospace and defense
Founded Chelmsford, Massachusetts, United States (1981)
Headquarters Andover, Massachusetts,
United States
Key people
Mark Aslett[1]
(President/CEO)
Revenue Increase $408.6 million USD (2017)[2]
Number of employees
1000 (January 2017)[3]
Website www.mrcy.com

Mercury Systems, Inc.( NASDAQMRCY ) is a defense contractor headquartered in Andover, Massachusetts. Mercury has supplied processing subsystems to over 30 prime contractors, in over 300 programs. Their processing subsystems are used in Intelligence, Surveillance and Reconnaissance (ISR), Radar, Electronic Warfare (EW), storage and guidance defense applications.[4]

History[edit]

  • Founded on July 14, 1981, Mercury Systems is based in Andover, Massachusetts, with more than 1000 employees in offices around the world and annual revenues of approximately US$270 million.[5]
  • July 2005, Mercury Computer Systems acquired Echotek Corporation for approximately US$49 million.[6]
  • January 2011, Mercury Computer Systems acquired LNX Corporation.[7]
  • August 2012, Mercury Computer Systems acquired Micronetics for US$74.9 Million.[8]
  • November 2012, the company changed its name from Mercury Computer Systems to Mercury Systems.[9]
  • December 2015, Mercury Systems acquired Lewis Innovative Technologies, Inc. (LIT). LIT’s security solutions significantly extend Mercury's leadership in secure embedded computing.[10]
  • May 2016, Mercury Systems acquired the embedded security, RF and microwave, and custom microelectronics businesses of Microsemi Corporation for a total purchase prices of US$300 million. The acquisition expands Mercury's capabilities, along the sensor processing chain, and positions Mercury as the defense industry’s largest commercial embedded secure processing company.[11]
  • November 2016, Mercury Systems acquires CES Creative Electronic Systems, S.A. (“CES”). The total purchase price for the transaction is approximately US$38 million. The addition of CES adds capabilities in mission computing, safety-critical avionics and platform management.[12]
  • April 2017, Mercury Systems acquires Delta Microwave, LLC (“Delta”) for US$40.5 million. This acquisition will enable Mercury to expand into the satellite communications (SatCom), datalinks and space launch markets.[13]
  • July 2017, Mercury Systems acquires Richland Technologies, LLC (RTL). The acquisition will enhance Mercury’s market penetration in commercial aerospace, defense platform management, C4I [command, control, communications, computers, and intelligence], and mission computing – markets. [14]

Products and Services[edit]

Mercury's Next Generation Business Model[edit]

To meet Department of Defense (DOD) defense electronics procurement reform objectives, Mercury created a Next Generation Business Model.[15] Defense procurement reform objectives are captured by the Department’s Better Buying Power 3.0 (BBP3.0)[16] under the overarching theme of “Achieving Dominant Capabilities through Technical Excellence and Innovation.”

Open System Architecture (OSA) for Digital and RF/Microwave Processing[edit]

Mercury has a systematic approach to the creation of defense processing subsystems using a sensor processing chain methodology to define reusable building blocks.[17] This business approach leverages best commercial technology making Mercury processing building blocks interoperable and standardized, so defense processing subsystems are quickly developed.

Mercury Systems Sensor Processing Chain

Open system architectures (OSA) are fundamental to meeting the DOD’s BBP 3.0 objectives and are aligned with Mercury’s business posture.[18] The company pioneered many of today’s embedded protocols and processing standards including RapidIO and OpenVPX (ANSI/VITA 65 standard) which is the de facto embedded digital processing standard.

Mercury Systems Technology Innovation Timeline

Currently, the company is investing in OpenRFM for Radio Frequency (RF) and microwave processing that will bring interoperability to the RF/microwave domain, as OpenVPX did in the digital realm. OpenRFM standardizes the profiles, interfaces and protocols for RF and microwave processing enabling sensor chain applications to be fully open systems compliant.[19] Mercury applies open systems architectures to software as well as hardware. This approach, applied to middleware preserves the software and application investments while adding new capabilities through tech-refreshes.

Facilities[edit]

Corporate Headquarters[edit]

Mercury is headquartered in Andover, Massachusetts.[20] The facility incorporates a design and engineering capability and an "Innovation Center". Mercury Innovation Centers showcase the company’s sensor and mission processing solutions.[21]

Manufacturing Centers[edit]

Mercury has redundant, scalable Advanced Microelectronic Centers (AMCs). AMCs are for the production of defense industry subsystems. AMCs are operated in New England, New York Metro-area, Southern California and a trusted DMEA facility in the Southwest.[20]

Company structure[edit]

Mercury has three major product lines:
• Advanced Microelectronic Solutions / RF & Digital Solutions
• Sensor and Mission Processing - Mercury Mission Systems; Safety-critical avionics, mission processing, networking, and communication; Secure high-performance sensor processing, storage, and networking
• Mercury Defense Systems – Electronic Warfare; Secure Processing Solutions; Test & Simulation

Mercury’s businesses are supported by several dedicated international operations including: Toronto, Canada, Silchester, United Kingdom, Tokyo, Japan and Geneva, Switzerland. [22]

References[edit]

  1. ^ https://www.mrcy.com/company-information/management-team/
  2. ^ https://www.mrcy.com/presscenter/pressreleases/pressrelease.aspx?id=16784
  3. ^ https://www.mrcy.com/company-information/company-facts/
  4. ^ https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=MRCY.O
  5. ^ http://files.shareholder.com/downloads/AMDA-1KO91N/3443133961x0x909551/68DD759E-E178-47AD-8204-79221913A7AB/Mercury_2016_Annual_Report.pdf
  6. ^ https://www.mrcy.com/presscenter/pressreleases/pressrelease.aspx?id=1924
  7. ^ https://www.mrcy.com/presscenter/pressreleases/pressrelease.aspx?id=14795
  8. ^ "Military and Aerospace Electronics". Retrieved 15 November 2012. 
  9. ^ Mercury Systems (November 13, 2012) Mercury Computer Systems Announces Name Change to "Mercury Systems" press release.
  10. ^ https://globenewswire.com/news-release/2015/12/16/796160/0/en/Mercury-Systems-Acquires-Lewis-Innovative-Technologies-Inc.html
  11. ^ https://globenewswire.com/news-release/2016/05/02/835473/0/en/Mercury-Systems-Completes-Previously-Announced-Acquisition-of-Embedded-Security-RF-and-Microwave-and-Custom-Microelectronics-Businesses-from-Microsemi-Corporation.html
  12. ^ https://globenewswire.com/news-release/2016/11/03/886366/0/en/Mercury-Systems-to-Acquire-Mission-Computing-Company-Creative-Electronic-Systems.html
  13. ^ https://www.mrcy.com/presscenter/pressreleases/pressrelease.aspx?id=16699
  14. ^ http://mil-embedded.com/news/mercury-systems-acquires-richland-technologies/
  15. ^ https://www.mrcy.com/resources/Driving-a-Next-Generation-Business-Model-in-Defense-Electronics-White-Paper.pdf
  16. ^ http://www.acq.osd.mil/fo/docs/betterBuyingPower3.0(9Apr15).pdf
  17. ^ https://www.mrcy.com/commercial_electronics/
  18. ^ http://archive.cotsjournalonline.com/articles/view/101447
  19. ^ https://www.mrcy.com/OpenRFM/
  20. ^ a b http://www.dmea.osd.mil/home.html
  21. ^ https://www.mrcy.com/presscenter/pressreleases/pressrelease.aspx?id=16331
  22. ^ http://www.mrcy.com

External links[edit]