Slow Development Programs Pressure Mercury Systems’ Margins

Matthew Fulco May 03, 2023
Credit: Mercury Systems
Mercury Systems had a respectable fiscal third quarter, but overshadowing the performance was significant pressure on margins tied to slow-moving development programs. A tech firm serving the aerospace and defense sector, Mercury Systems posted revenue of $263.5 million in the fiscal quarter ended...
Matthew Fulco

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

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