Mercury Systems continues to grow in Hudson
HUDSON — Since opening its doors in Hudson earlier this year, Mercury Systems has continued to expand its presence in the Granite State.
While corporate headquarters will remain just over the border in Chelmsford, Mass., the plan is to expand production of processing systems, software and services for commercial, defense and intelligence operations in Hudson.
The Lowell Road facility, at 72,000 square feet, is expand, Site Manager Anthony Sweeney said this week.
Sweeney said construction isunderway on a 28,000-square-foot facility addition, which is scheduled to open in the coming months. The new addition will house the firm’s facilities for systems integration and manufacturing for embedded processing modules.
Mercury Systems has a sister facility in West Caldwell, N.J., which also serves as an advanced manufacturing center.
The 30-year-old company had humble beginnings in Massachusetts, where it initially focused on electronics components for use in the medical industry.
“Now we’re deployed in over 300 programs,” Sweeney said.
Mercury Systems’ overall sales totaled $209 million last year. Officials noted the company has experienced a 60 percent growth in defense revenues during the past five years.
Steve Anderson, vice president of enterprise operations, said that since the grand opening in Hudson in April, Mercury Systems had obtained 30 new contracts.
“We’ve continued to grow, and over the past eight months we’ve consolidated four entities into this facility,” he added. “The defense revenue is growing very, very strong. Right now, we’re involved in a lot of important national defense programs.”
The company recently earned a top security rating from the national Department of Defense, officials said. Anderson said it was Mercury Systems’ second time achieving that designation.
He noted that there are more than 13,000 cleared defense contractors, and just over 8 percent receive such honors.
By the end of this quarter, Mercury Systems is expected to have 160 workers in Hudson, including 50 workers from the Chelmsford facility.
“The talent pool is here in New Hampshire, and it has been for many years,” Anderson told U.S. Sen. Jeanne Shaheen during her tour of the company Tuesday afternoon.
Shaheen stopped at the Hudson firm to highlight the importance of high-tech manufacturing to jobs and the general economy in the state.
“There are some really good jobs here, and we’d like to make sure they stay in New Hampshire,” she told Mercury Systems officials.
Noting that only 1 percent of the state’s small businesses are currently exporting products overseas, Shaheen asked about Mercury System’s plans for the future.
“Helping New Hampshire businesses get into the export markets is a huge priority,” said the senator, who owned a small business prior to her political career.
Shaheen cosponsored a bipartisan measure in the Senate to reauthorize the Export-Import Bank, which provides direct loans and loan guarantees to foreign buyers of U.S. made goods.
She said the bank has directly supported $255 million in export sales from the Granite State during the past five years.
Anderson said that Mercury Systems has an established international channel that allows export of certain products to Europe, India and Japan.
“But we’re definitely looking to expand,” he added.