MRCY News & Events

Reports Q3 revenue $235.76M, consensus $209.31M. Total bookings for the third quarter of fiscal 2026 were $348 million, yielding a book-to-bill ratio of 1.48 for the quarter. "We delivered third quarter fiscal 2026 results that were ahead of our expectations, with significant year-over-year growth in backlog, revenue, and adjusted EBITDA," said Bill Ballhaus, Mercury's Chairman and CEO. "Strong demand signals and solid execution contributed to better than expected organic growth and margin expansion this quarter."

Mercury Systems (MRCY) announced it was awarded a contract from L3Harris Technologies (LHX) to provide solid-state data recorders for the U.S. Space Development Agency Tranche 3 Tracking Layer satellite constellation. L3Harris received a contract award in December to build 18 infrared satellites for the Tranche 3 Tracking Layer. These tracking layer satellites will enhance the SDA Proliferated Warfighter Space Architecture constellation that is designed to protect the United States from advanced missile threats, such as hypersonic missiles.