Mercury Systems
Publicly traded (NASDAQ: MRCY) defense electronics company specializing in secure, safety-critical processing subsystems for defense and space applications. Builds radiation-hardened processors, signal processing modules, and secure computing systems that go inside satellites, missile defense interceptors, radar systems, and electronic warfare platforms. A critical Tier 2 supplier in the defense supply chain -- Mercury's processing modules are embedded in programs across all major defense primes. Space-specific products include rad-hard computing for satellite payloads and space-grade signal processing for missile warning systems. Has faced operational challenges with acquisition integration but remains strategically positioned in the defense electronics supply chain.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
DEBT TRANCHES (3)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| Revolving Credit Facility | $1.1M | 1.25% | 2027-02-28 | 0001049521-25-000024 |
| Revolver | $591.5M | — | 2030-11-04 | 0001049521-26-000024 |
| Receivables Purchase Agreement Rpsa | $60.9M | — | — | 0001049521-26-000024 |
| Total (unmatured) | $653.5M |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
SECTOR POSITION
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Mercury Systems corporate homepage (Innovation that matters®) — confirms aerospace/defense embedded-computing supplier; Andover MA HQ; space electronics products (NASDAQ: MRCY).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.