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This is the expense the company spent on research and development. Mercury Systems Inc's research and development for the three months ended in Dec. 2015 was $7.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $32.5 Mil.
This is the expense the company spent on research and development.
Mercury Systems Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 8.115 (Mar. 2015 ) + 8.593 (Jun. 2015 ) + 8.093 (Sep. 2015 ) + 7.684 (Dec. 2015 ) = $32.5 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Mercury Systems Inc Annual Data
|Research & Development||60.7||58.5||54.8||42.4||41.5||44.5||46.0||32.7||35.7||32.6|
Mercury Systems Inc Quarterly Data
|Research & Development||10.1||8.2||8.1||8.0||7.9||8.1||8.6||8.1||7.7||7.3|