Mercury Systems FY19 Investor Day Presentation
The Bipartisan Budget Deal of 2018 provides a significant
near-term impulse to defense spending...
$800
$750
$700
$650
$600
$550
$500
$450
Actual funding (Base)
Actual funding (Base + OCO)
564
499
581
Topline Base Authorization Budget vs. BCA Caps
(Discretionary BA, Current $B)
522
© 2018 Mercury Systems, Inc.
606
Administration 2019 Base + OCO request
Administration 2019 Base request
FY18 Bipartisan Budget Deal
671
598
685
617
701
628
714
648
Budget Control Act 2011 (Base)
2021
727
2016
2017
2018
2019
2020
2015
Notes: Budget and BCA Caps represent the 051 account (DoD), FY18 is estimate based on Bipartisan Budget Deal
Sources: CBO, CRS, OMB, DOD Green Book, House FY18 Concurrent Budget Resolution, FY18 & FY19 Defense Appropriations bills, RSAdvisors research & analysis
...and suggests the beginning of a new defense upcycle
662
Defense Budget CAGR
2018-2023 2.0%
2017-2023 3.4%
2015 - 2023 3.5%
2022
742
676
2023
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