Business
Mercury recognized as one of Massachusetts' fastest-growing middle-market companies for third straight year
Only aerospace and defense company included on Boston Business Journal's 2022 list ANDOVER, Mass., March 17, 2022 (GLOBE NEWSWIRE) -- Mercury Systems
About this update from Mercury Systems Inc
[{"type":"text","content":"Only aerospace and defense company included on Boston Business Journal's 2022 list\nANDOVER, Mass., March 17, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it has been named one of the Boston Business Journal (BBJ) Middle Market Leaders, a ranking of the 50 fastest-growing companies in Massachusetts, for the third straight year. Mercury ranked number 20 based on its 2019 to 2021 revenue growth and joins other rapidly growing Massachusetts-based companies on the exclusive list including Moderna, HubSpot and Rapid7. \"Our market position at the intersection of high tech and defense is quite unique: we are one of a very few independent public commercial U.S. suppliers of trusted and secure microelectronics and processing solutions serving growth markets in the A&D industry,\" said Mark Aslett, Mercury's president and chief executive officer. \"Our objective is to deliver strong margins while growing the business organically and supplementing this organic growth with disciplined M&A and full integration. By executing on this approach, we’ve created significant value for shareholders for nearly a decade. And we expect to continue doing so for many years to come.\" This is Mercury's third appearance on the BBJ Middle Market Leaders list, and the only aerospace and defense company recognized. The list is compiled through BBJ research and includes private and public companies across all industries, from life sciences and technology to construction, professional services and more. To qualify, companies must report annual revenue between $25 million and $1 billion for 2018, 2029 and 2020. The BBJ ranking of firms uses a weighted final score that incorporates their three-year growth and total revenue. In November 2021, Mercury was named to the FORTUNE \"100 Fastest-Growing Companies” list and was the only aerospace and defense company included. Mercury envisions, creates, and delivers innovative technology solutions purpose-built to meet its customers most pressing high-tech needs. For more information, visit mrcy.com or contact Mercury at (866) 627-6951 or [email protected]. Mercury Systems – Innovation That Matters® Mercury Systems is a global commercial technology company serving the aerospace and defense industr...