Company: MRCY
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001049521-25-000009
Chunk: 110

Company: MERCURY SYSTEMS INC
Filing Date: 2025-02-04
Form: 10-Q
Item: Item 8
Chunk 110
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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.

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The following table presents the Company's net revenue by platform for the periods presented:Second Quarters EndedSix Months EndedDecember 27, 2024December 29, 2023December 27, 2024December 29, 2023Airborne(1)$96,214 $118,078 $186,704 $222,794 Land(2)44,831 28,171 79,145 53,874 Naval(3)22,193 8,667 42,846 29,810 Space(4)11,827 4,540 27,186 10,603 Other(5)48,060 38,007 91,675 61,373 Total Net Revenues$223,125 $197,463 $427,556 $378,454 (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.The geographic distribution of the Company’s identifiable long-lived assets is summarized as follows:U.S.EuropeTotalDecember 27, 2024$109,025 $2,434 $111,459 June 28, 2024$107,655 $2,698 $110,353 Identifiable long-lived assets exclude right-of-use assets, goodwill, and intangible assets.Customers comprising 10% or more of the Company’s revenues for the periods shown are as follows:Second Quarters EndedSix Months EndedDecember 27, 2024December 29, 2023December 27, 2024December 29, 2023RTX Corporation15 %*12 %10