Roger Krone, former Chairman and CEO of Leidos, departs Board to focus on Boy Scouts of America Jean Bua, CFO of NetScout Systems, appointed to Board ANDOVER, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, announced the departure of Roger Krone from its Board of Directors and the appointment of new Independent Director Jean Bua. Since joining Mercury's Board of Directors, Mr. Krone has been appointed as President and Chief Executive Officer of the Boy Scouts of America and is planning to focus his time on the Boy Scouts and other business matters. Bill Ballhaus

ANDOVER, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Brad Whittington as its Senior Vice President of Engineering, effective Aug. 12, 2024. Reporting to Chief Operating Officer Roger Wells, Whittington is responsible for the strategic planning, leadership, and execution of Mercury's recently integrated Engineering organization. Whittington has more than 25 years of experience in technical leadership roles in aerospace and defense. He most recently served as Vice President of Engineering and Chief Engineer for the Defense Sys

ANDOVER, Mass., June 18, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Tod Brindlinger as Senior Vice President of Operations, effective June 10, 2024. The company also announced the completion of the second phase of an organizational restructuring that began in January to improve performance and accelerate growth by consolidating and simplifying its operations. Reporting to Chief Operating Officer Roger Wells, Brindlinger is responsible for the company's global manufacturing, facilities, and supply chain. He has more than 30 years of leaders

ANDOVER, Mass., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Douglas Munro as Vice President and Chief Accounting Officer, effective February 12, 2024. Reporting to Chief Financial Officer Dave Farnsworth, Mr. Munro will be responsible for the Company's accounting operations and financial reporting. Mr. Munro joined Mercury in 2012 and has held several accounting leadership roles, most recently serving as the Company's Corporate Controller. Previously, Mr. Munro held various positions in public accounting at regional accounting firm

ANDOVER, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the appointment of Stuart Kupinsky as Executive Vice President and Chief Legal Officer, effective Jan. 29, 2024. Reporting to Mercury Chairman and CEO Bill Ballhaus, Kupinsky will be responsible for the company's legal strategy, including M&A, intellectual property, and enterprise contracts. Previously, Kupinsky served as Chief Legal Officer and General Counsel for five public and private technology companies, including Blackboard Inc. through its sale to Anthology Inc., now one of the large

ANDOVER, Mass., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced a simplified organizational structure aligned with its strategy to drive growth and value for all stakeholders. Mercury will go from having two divisions to one unified structure that incorporates multiple business units and supporting functions. With this change, the company named Roger Wells Chief Operating Officer, effective January 22, reporting to Mercury Chairman and CEO Bill Ballhaus. "Consolidating into a single, simplified organization is an important step toward converting our str

ANDOVER, Mass., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the departure of Dr. Mitch Stevison, Executive Vice President and President of Mercury's Mission Systems division, effective December 1, 2023. Dr. Stevison will pursue a new opportunity outside of the company. Mercury Chairman and CEO Bill Ballhaus will lead the Mission Systems team until a permanent leader is identified. "Mitch made a significant impact during his tenure at Mercury," said Bill Ballhaus. "His passion for the mission and commitment to our purpose helped us to solidify our gr

ANDOVER, Mass., July 06, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))) ("Mercury" or the "Company"), a technology company that delivers processing power for the most demanding aerospace and defense missions, today announced a continuation of recent actions by the Board of Directors of Mercury (the "Board") to enhance the execution of the Company's strategic plan to drive value creation for all stakeholders through Board leadership changes and the appointment of an additional independent director with a shareholder perspective and proven investment track record. Bill Ballhaus, Mercury's Interim President and Chief Executive Officer, will assume the role of Ch

Board Concludes Thorough Review of Strategic Alternatives; Remains Open to All Pathways to Maximize Shareholder Value Board Appoints Bill Ballhaus Interim President and CEO Following Resignation of Mark Aslett; Initiates Search for Permanent Successor Defense Technology Leader Joins Board as Independent Director; Second Highly Qualified Candidate to Join Board as Independent Director New Permanent CFO Identified ANDOVER, Mass., June 23, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (the "Company" or "Mercury") (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers processing power for the most demanding aerospace and defense missions, today announced that following a comp

ANDOVER, Mass., March 02, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc., (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers processing power for the most demanding aerospace and defense missions, today announced the appointment of Christine Fox Harbison as Executive Vice President and Chief Growth Officer, effective March 6, 2023. Reporting to Mercury CEO Mark Aslett, Harbison will be responsible for executing the company's growth strategy, driving enterprise-level capture and proposal efforts, leading strategic account management, and developing global technology partnerships and initiatives. Harbison joins the company from Northrop Grumman's Defense Systems sector, wher

ANDOVER, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today announced the hiring of three senior leaders that will contribute to the company's next phase of growth. Robin Milton has joined Mercury as the company's Chief Marketing and Communications Officer. Reporting to the Chief Human Resources Officer Steve Ratner, Milton will drive the development and execution of Mercury's strategic marketing plan, focused on brand awareness and revenue generation. Milton most recently served as Vice President of Marketing and Strategic Communications at LMI, a leading tech

ANDOVER, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, will release its second quarter fiscal year 2025 financial results after the market close on Tuesday, February 4, 2025. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company representatives may answer questions concerning business and financial developments and trends, the Company's view on earnings forecasts, and other business and financial matters affecting the

Roger Krone, former Chairman and CEO of Leidos, departs Board to focus on Boy Scouts of America Jean Bua, CFO of NetScout Systems, appointed to Board ANDOVER, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, announced the departure of Roger Krone from its Board of Directors and the appointment of new Independent Director Jean Bua. Since joining Mercury's Board of Directors, Mr. Krone has been appointed as President and Chief Executive Officer of the Boy Scouts of America and is planning to focus his time on the Boy Scouts and other business matters. Bill Ballhaus

ANDOVER, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a two-year, $17 million development contract from a U.S. defense prime contractor for a program that leverages its Common Processing Architecture. For this follow-on program, Mercury will replace and upgrade the existing processing capabilities provided by another firm with the enhanced performance and security that its Common Processing Architecture delivers. With additional protection features including Mercury's BuiltSECURE™ technology, the system will be eligible for expo

ANDOVER, Mass., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today introduced a system-on-module (SOM) and 3U SOSA-aligned OpenVPX board powered by Altera's™ most advanced Agilex 9 Direct RF FPGA chips. The DRF2270 SOM and DRF5270 3U board are the latest additions to Mercury's portfolio of Direct RF digital signal processing products that use Altera FPGAs to detect and process information from a wide portion of the electromagnetic spectrum. These commercially available products directly digitize radio frequency signals at the antenna, eliminating the analog signal dow

Q1 FY25 Bookings of $247.7 million; book-to-bill ratio of 1.21Q1 FY25 Revenue of $204.4 million; GAAP net loss of $17.5 million; and adjusted EBITDA of $21.5 millionRecord backlog of $1.3 billion; up 16% year-over-year ANDOVER, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), reported operating results for the first quarter of fiscal year 2025, ended September 27, 2024. "Our first quarter 2025 results were generally as expected, and I am optimistic about our strategic positioning and expectations to deliver predictable organic growth with expanding margins and robust free cash flow," said Bill Ballhaus, Mercury's Chairman and CEO. "In the quart

ANDOVER, Mass., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a five-year contract worth as much as $131.3 million from the U.S. Naval Air Systems Command (NAVAIR) to continue providing secure data transfer systems for naval aircraft. Mercury has been delivering Advanced Data Transfer Systems (ADTS) and components to the Navy since 2017 to support numerous rotary-wing and fixed-wing aircraft. These rugged, flexible, and proven systems simplify the secure transfer of data between planners on the ground and aircraft, significantly improvin

ANDOVER, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, will release its first quarter fiscal year 2025 financial results after the market close on Tuesday, November 5, 2024. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook. In addition, Company representatives may answer questions concerning business and financial developments and trends, the Company's view on earnings forecasts, and other business and financial matters affecting the

ANDOVER, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, announced today that it signed a contract with Boeing to deliver FPGA processor boards that will support an upgraded refueling system on the U.S. Air Force's KC-46A tanker aircraft fleet. Mercury's SCFE3920 boards are an integral part of the next-generation KC-46A Remote Vision System (RVS) 2.0. Designed for high-speed data processing and seamless system integration, Mercury's boards will connect directly to cameras on the plane to process the high-resolution, color video feeds that provide KC-46A op

ANDOVER, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com))), a technology company that delivers mission-critical processing power to the edge, today announced the expansion of its portfolio of Direct RF digital signal processing products that use Altera™ Agilex FPGAs to detect and process emissions from a wide portion of the electromagnetic spectrum. Direct RF components and modules directly digitize radio frequency signals at the antenna signal frequency, eliminating the analog signal down conversion stages required by legacy hardware. This approach requires extremely fast converters, high-bandwidth digital data links, and powerful real-time dig