Company: MRCY
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001049521-25-000062
Chunk: 81

Company: MERCURY SYSTEMS INC
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 81
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 sales to U.S. prime defense contractor customers where the end user is outside the U.S., foreign military sales through the U.S. government, and direct sales to non-U.S. based customers intended for end use outside of the U.S.The following table presents the Company's net revenue by end application for the periods presented:First Quarters Ended September 26, 2025September 27, 2024Radar(1)$30,190 $33,749 Electronic Warfare(2)20,999 26,346 Other Sensor & Effector(3)29,765 26,366 Total Sensor & Effector80,954 86,461 C4I(4)111,466 85,280 Other(5)32,789 32,690 Total Net Revenue$225,209 $204,431 (1) Radar includes end-use applications where radio frequency signals are utilized to detect, track and identify objects.(2) Electronic Warfare includes end-use applications comprising the offensive and defensive use of the electromagnetic spectrum.(3) Other Sensor and Effector products include all Sensor and Effector end markets other than Radar and Electronic Warfare. (4) C4I includes rugged secure rackmount servers that are designed to drive the most powerful military processing applications.(5) Other products include all component and other sales where the end use is not specified.The following table presents the Company's net revenue by product grouping for the periods presented:

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First Quarters Ended September 26, 2025September 27, 2024Components(1)$45,499 $44,864 Modules and Sub-assemblies(2)66,196 45,822 Integrated Solutions(3)113,514 113,745 Total Net Revenue$225,209 $204,431 (1) Components represent the basic building blocks of an electronic system. They generally perform a single function such as switching, storing or converting electronic signals. Some examples include power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, MMICs (monolithic microwave integrated circuits) and memory and storage devices.(2) Modules and sub-assemblies combine multiple components to serve a range of complex functions, including processing, networking and graphics display. Typically delivered as computer boards or other packaging, modules and sub-assemblies are usually designed using open standards to provide interoperability when integrated in a subsystem. Examples of modules and sub