#1William Blair and Company 37th Annual Growth Stock Conference Mark Aslett President and CEO Gerry Haines Executive Vice President and CFO June 13, 2017 © 2017 Mercury Systems, Inc. mercury systemsTM INNOVATION THAT MATTERS ™#2#3#4Investor highlights Proven Management Team Leading Positions on Well-funded Platforms Aligned with Industry Growth Drivers Next Generation Defense Electronics Business Model Innovative Technology Leader Low Risk Growth Strategy Business Platform Built to Scale © 2017 Mercury Systems, Inc. Successful business transformation. Double-digit revenue growth with strong profitability Pure play aerospace and defense electronics company. Embedded on key growth programs aligned to DoD priorities Pacific pivot and third offset, aging platform modernization, foreign and international military sales Internally-funded R&D. IP retention. Commercial sales model. US development, manufacturing and support for secure systems Secure sensor processing, safety-critical mission processing and platform management subsystems, software and services Captive Prime outsourcing largest secular growth trend. RF and secure processing content expansion on key DoD programs Scalable business, engineering and manufacturing platform to facilitate future acquisitions 4#5#6#7#8#9#10#11#12#13#14#15#16#17#18#19#20#21#22#23#24#25#26#27#28#29#30#31#32#33