‘Challenged Programs’ Hinder Mercury Systems In Q2 Of FY2024

mercury systems logo

Mercury Systems’ earnings in Q2 of FY2024 were adversely impacted by its "challenged programs."

Credit: Timon Schneider/Alamy Stock Photo
The financial fallout from Mercury Systems’ (MRCY) “challenged programs” continued in the second quarter (Q2) of FY2024 as the microelectronics supplier to the aerospace and defense industry recorded negative sales and net income. MRCY’s revenue fell to $197.5 million from $229.6 million a year...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

Subscription Required

 

‘Challenged Programs’ Hinder Mercury Systems In Q2 Of FY2024 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.