Mercury Systems will showcase electronic warfare capabilities and new products at the AOC International Symposium and Convention.
Quiver AI Summary
Mercury Systems, Inc. will participate in the Association of Old Crows (AOC) International Symposium and Convention from December 9-11, 2025, where it will showcase its electronic warfare capabilities and new technology advancements. Key leaders, including Chief Technology Officer Dr. Bill Conley, will discuss strategic visions for electronic warfare and how emerging technologies can enhance defense operations. Mercury will unveil its DRF4581L digital signal processing module, which significantly improves RF signal handling while reducing size and cost. The exhibit will include demonstrations and additional products to support multi-domain operations in electronic warfare. Attendees can visit Mercury at booth #616 to learn about its innovations in the defense sector.
Potential Positives
- Participation in the AOC International Symposium and Convention positions Mercury Systems as a leader in electronic warfare and related technologies.
- The unveiling of the new DRF4581L Direct RF digital signal processing module highlights Mercury's innovative capabilities and potential for significant performance improvements in various applications.
- Key company leaders will engage in high-profile discussions at the event, enhancing visibility and positioning Mercury as an authority in the field of electromagnetic spectrum operations.
Potential Negatives
- The press release includes a lengthy list of risks and uncertainties that could significantly impact the company's future performance, including funding issues and geopolitical instability, which may undermine investor confidence.
- There is an ongoing dispute with the former CEO over his resignation, which could be perceived negatively and may affect the company's public image and stability.
- The mention of potential supply chain disruptions and production delays raises concerns about the company's ability to meet customer demands and maintain operational efficiency.
FAQ
What is Mercury Systems showcasing at AOC 2025?
Mercury Systems is showcasing its expanding electronic warfare capabilities and unveiling the DRF4581L digital signal processing module.
Who is speaking at the AOC 2025 conference?
Dr. Bill Conley, Mercury’s CTO, and Ken Hermanny, SVP of Signal Technologies, are key speakers at the conference.
When does AOC 2025 take place?
AOC 2025 runs from December 9 to December 11, 2025.
Where can attendees find Mercury Systems at AOC 2025?
Attendees can visit Mercury Systems at booth #616 during the AOC 2025 event.
What are the benefits of the new DRF4581L module?
The DRF4581L module reduces size, weight, power, cost, and latency, enhancing radar and electronic warfare applications.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MRCY Insider Trading Activity
$MRCY insiders have traded $MRCY stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $MRCY stock by insiders over the last 6 months:
- PARTNERS MANAGEMENT, LP JANA has made 0 purchases and 2 sales selling 1,797,000 shares for an estimated $127,589,740.
- WILLIAM L BALLHAUS (Chairman, President & CEO) has made 0 purchases and 2 sales selling 23,445 shares for an estimated $1,532,692.
- DAVID E. FARNSWORTH (EVP, CFO) has made 0 purchases and 2 sales selling 14,911 shares for an estimated $976,284.
- STEVEN RATNER (EVP, CHRO) has made 0 purchases and 4 sales selling 12,255 shares for an estimated $768,315.
- STUART KUPINSKY (EVP, CLO & Corp Sec) has made 0 purchases and 2 sales selling 2,402 shares for an estimated $157,268.
- DOUGLAS MUNRO (SVP, CAO) has made 0 purchases and 4 sales selling 2,135 shares for an estimated $150,871.
- DEBORA A PLUNKETT sold 1,700 shares for an estimated $125,784
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MRCY Revenue
$MRCY had revenues of $225.2M in Q1 2026. This is an increase of 10.16% from the same period in the prior year.
You can track MRCY financials on Quiver Quantitative's MRCY stock page.
$MRCY Hedge Fund Activity
We have seen 175 institutional investors add shares of $MRCY stock to their portfolio, and 149 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 2,207,726 shares (-47.0%) from their portfolio in Q3 2025, for an estimated $170,877,992
- VICTORY CAPITAL MANAGEMENT INC removed 1,010,980 shares (-57.4%) from their portfolio in Q3 2025, for an estimated $78,249,852
- INVESCO LTD. added 943,736 shares (+161.7%) to their portfolio in Q3 2025, for an estimated $73,045,166
- PRICE T ROWE ASSOCIATES INC /MD/ added 822,089 shares (+1868.9%) to their portfolio in Q3 2025, for an estimated $63,629,688
- JANA PARTNERS MANAGEMENT, LP removed 793,932 shares (-11.8%) from their portfolio in Q3 2025, for an estimated $61,450,336
- FIRST TRUST ADVISORS LP added 751,813 shares (+96.3%) to their portfolio in Q3 2025, for an estimated $58,190,326
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 552,854 shares (+57.1%) to their portfolio in Q3 2025, for an estimated $42,790,899
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MRCY Analyst Ratings
Wall Street analysts have issued reports on $MRCY in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 10/15/2025
- RBC Capital issued a "Outperform" rating on 10/01/2025
- Goldman Sachs issued a "Sell" rating on 08/13/2025
- Baird issued a "Outperform" rating on 08/12/2025
- Raymond James issued a "Strong Buy" rating on 08/12/2025
To track analyst ratings and price targets for $MRCY, check out Quiver Quantitative's $MRCY forecast page.
$MRCY Price Targets
Multiple analysts have issued price targets for $MRCY recently. We have seen 7 analysts offer price targets for $MRCY in the last 6 months, with a median target of $80.0.
Here are some recent targets:
- Michael Ciarmoli from Truist Securities set a target price of $100.0 on 10/15/2025
- Austin Moeller from Canaccord Genuity set a target price of $88.0 on 10/02/2025
- Ken Herbert from RBC Capital set a target price of $90.0 on 10/01/2025
- Noah Poponak from Goldman Sachs set a target price of $39.0 on 08/13/2025
- Peter Arment from Baird set a target price of $70.0 on 08/12/2025
- Brian Gesuale from Raymond James set a target price of $80.0 on 08/12/2025
- Seth Seifman from JP Morgan set a target price of $68.0 on 08/12/2025
Full Release
ANDOVER, Mass., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), a global technology company that delivers mission-critical processing to the edge, will participate in this week’s Association of Old Crows (AOC) International Symposium and Convention, showcasing the company’s expanding portfolio of electronic warfare (EW) capabilities and sharing key insights during conference sessions.
AOC 2025 is the premier event for electronic warfare, electromagnetic spectrum operations, cyber-electromagnetic activities, and information operations professionals from around the world. During the symposium, Mercury leaders will explore this year’s theme, Charting a Path to 2035: Navigating the Future of Electromagnetic Spectrum Operations.
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Dr. Bill Conley, Mercury’s Chief Technology Officer, will participate in the Strategic Vision for EW in 2035 spotlight session, discussing how emerging technologies, agile acquisition, and policy frameworks that enable speed and interoperability can build a resilient EW force and ensure spectrum superiority in multi-domain operations.
Tuesday, Dec. 9, 1:00-2:30 p.m., Main Stage
-
Ken Hermanny, Mercury’s Senior Vice President of Signal Technologies, will lead the
Defense/Threat & Industry View
breakout session, examining how defense organizations, allies, and industry are countering adversaries’ use of AI, machine learning, and autonomous systems with modular, scalable, and cost-effective EW solutions.
Tuesday, Dec. 9, 3:00-4:30 p.m., Maryland Ballroom C
At AOC 2025, Mercury will also unveil the latest addition to its portfolio of Direct RF digital signal processing products. These components and modules directly digitize radio frequency signals at the antenna signal frequency, eliminating the analog signal down conversion stages required by legacy hardware. The results are reductions in size, weight, power, cost, and latency that can benefit a variety of radar, communications, electronic warfare, SIGINT, and industrial applications.
Mercury’s new DRF4581L very small form factor module delivers breakthrough performance in a compact footprint—just 1 inch in height and less than 3 inches wide—to capture, process, and transmit wideband RF signals at the edge. The DRF4581L is powered by the Intel Agilex 9 SoC FPGA AGRW014 that converts between analog and digital signals at 64 Gigasamples per second simultaneously across four channels.
Mercury’s AOC 2025 exhibit will feature an RF signal transmission demonstration using the
DRF4580L
small form factor module, which is now in production for numerous customer programs. Also on display will be a range of Mercury products that ensure spectrum superiority in multi-domain operations, including:
- ARES radar environment simulators
- mPOD jammer training pods
- System-in-package and multi-chip modules
-
Mini tuner modules
To experience how Mercury is advancing mission success today and shaping the future of electronic warfare, schedule a meeting or visit booth #616 at AOC 2025, Dec. 9-11.
Mercury Systems – Innovation that matters
®
Mercury Systems is a global technology company that delivers mission-critical processing to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has more than 20 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY)
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company's focus on enhanced execution of the Company's strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, including tariffs, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company's products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, adherence to required manufacturing standards, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, failure to achieve or maintain qualified business systems, such as those required by the DFARS, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 27, 2025 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
INVESTOR CONTACT
Tyler Hojo, CFA
Vice President, Investor Relations
[email protected]
MEDIA CONTACT
Turner Brinton
Senior Director, Corporate Communications
[email protected]