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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. 2013 was $10.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $34.6 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. 2013 was 7.503 (Mar. 2013 ) + 7.557 (Jun. 2013 ) + 9.344 (Sep. 2013 ) + 10.231 (Dec. 2013 ) = $34.6 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||38.6||50.1||60.7||58.5||45.2||42.4||41.5||44.5||46.0||32.7|
Mercury Systems Inc Quarterly Data
|Research & Development||11.9||11.7||11.5||10.9||10.0||7.6||7.5||7.6||9.3||10.2|