Mercury Systems Inc
NASDAQ:MRCY
MRCY's latest stock split occurred on Dec 21, 1999
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
The adjusted shares began trading on Dec 21, 1999. This was the only stock split in MRCY's history.
1S9
Mercury Systems Inc
Glance View
Mercury Systems Inc., headquartered in Andover, Massachusetts, operates within the intricate world of defense and aerospace technology—domains where precision and reliability are paramount. Founded in 1981, the company navigated its journey through the rapidly evolving technological landscape by focusing on the integration of commercially available electronics into sophisticated defense systems. Mercury Systems is a pioneer in developing high-performance, secure processing technologies that address the needs of aerospace and defense clients. By bridging cutting-edge commercial electronics and the highly specialized requirements of defense applications, Mercury helps its clients reduce development costs and accelerate time-to-market, which are critical in the defense sector. The company makes money primarily through the design and delivery of embedded, sensor, and safety-critical mission computing solutions. Its revenue streams are fueled by a robust portfolio of products and solutions that cater to enhancing radar, electronic warfare, and missile systems, among other defense applications. Mercury’s business model relies heavily on its ability to innovate, maintain close ties with key military and aerospace stakeholders, and provide solutions that are not only cost-effective but also resistant to obsolescence. This strategic approach allows Mercury Systems to remain an essential supplier to top defense contractors and government entities, ensuring steady financial performance amid the complexities of the modern geopolitical landscape.
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