Company: MRCY
Filing Date: 2025-08-11
Form Type: 10-K
Source: 0001049521-25-000024
Chunk: 138

Company: MERCURY SYSTEMS INC
Filing Date: 2025-08-11
Form: 10-K
Item: Item 8
Chunk 138
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, but not always, integrated within an open standards-based chassis and often feature interconnect technologies to enable communication between disparate systems. Spares and replacement modules and sub-assemblies are provided for use with subsystems sold by the Company. The Company’s subsystems are deployed in sensor processing, aviation and mission computing and C4I applications.The following table presents the Company's net revenue by platform for the periods presented:Fiscal Years Ended June 27, 2025June 28, 2024June 30, 2023Airborne (1)$410,677 $431,277 $506,264 Land (2)166,250 115,781 157,505 Naval (3)86,888 78,967 136,954 Space (4)55,972 60,546 42,643 Other (5)192,233 148,704 130,516 Total Net Revenues$912,020 $835,275 $973,882 (1) Airborne platform includes products that relate to personnel, equipment or pieces of equipment designed for airborne applications.(2) Land platform includes products that relate to fixed or mobile equipment, or pieces of equipment for personnel, weapon systems, vehicles and support elements operating on land.(3) Naval platform includes products that relate to personnel, equipment or pieces of equipment designed for naval operations.(4) Space platform includes products that relate to personnel, equipment or pieces of equipment designed for space operations.(5) All platforms other than Airborne, Land, Naval or Space.

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Customers comprising 10% or more of the Company’s revenues for the periods shown below are as follows: Fiscal Years Ended June 27, 2025June 28, 2024June 30, 2023RTX Corporation13 %10 %14 %Lockheed Martin Corporation10 %11 %13 %U.S. Navy10 %**L3Harris*12 %*Northrop Grumman**11 %33 %33 %38 %*    Indicates that the amount is less than 10% of the Company's revenue for the respective period.While the Company typically has customers from which it derives 10% or more of its revenue, the sales to each of these customers are spread across multiple programs and platforms. There were no programs comprising 10% or more of the Company's revenues for the years ended June 27