To unlock Costumes you must complete level 3 of a weapon challenge, this can be done by talking to Fiona at your PMC, Each time you complete a level 3 weapon challenge you will receive one of three costumes.
| ...And Justice For All (50) | Verify all high value targets. |
| Aces High (50) | Capture all HVTs alive. |
| Armaggedon It (20) | Destroy 20 buildings. |
| Balls to the Wall (20) | Beat the Winching Challenge three times. |
| Be Quick or Be Dead (10) | Snipe 50 enemy vehicle drivers. |
| Billion Dollar Babies (25) | Earn $1 billion. |
| Damage, Inc. (50) | Use 20 airstrikes in co-op. |
| Digital Man (20) | Unlock all shop items. |
| Dirty Deeds (10) | You achieved maximum Universal Petroleum mood. |
| Eat the Heat (10) | Try accelerating and braking at the same time. |
| Everybody Wants Some!! (50) | Play with a Mercenaries 2 developer or a player who already has this Achievement. |
| Forever Free (10) | You achieved maximum P.L.A.V. mood. |
| Gone Shootin' (20) | Complete one of Fiona's challenges. |
| Hail and Kill (20) | Destroy 50 objects using melee. |
| Heavy Metal Thunder (10) | Successfully complete 10 action hijacks. |
| Hello, Hooray (50) | You acquired the PMC. |
| Highway to Hell (10) | Complete three different races. |
| Holy Smoke (20) | Destroy 50 objects with a grenade. |
| Island of Domination (10) | You achieved maximum Pirate mood. |
| Little Savage (20) | Destroy 50 objects with an RPG launcher. |
| Longing For Fire (10) | Achieved maximum Chinese mood. |
| No Compromise, No Regrets (20) | You battled for Caracas. |
| No More Mr. Nice Guy (10) | Make all factions HOSTILE. |
| Nothin' But a Good Time (50) | Destroy 200 objects from the gunner seat in co-op. |
| Oil and Gasoline (20) | You recruited Eva. |
| Partners in Crime (50) | Play co-op with a friend. |
| Pipeline (20) | Capture all outposts for a single faction. |
| Ride the Dragon (10) | You hijacked the tank in the villa. |
| Runnin' with the Devil (20) | You verified Blanco. |
| School's Out (20) | You completed the tutorial. |
| Shoot to Thrill (20) | Get 25 headshots. |
| Stand Up and Shout (10) | Achieved maximum AN mood. |
| Tattooed Millionaire (25) | Earn $1 million. |
| The Analog Kid (20) | You recruited Misha. |
| The Hero and the Madman (50) | Completed Mercenaries 2. |
| The Rage (20) | You completed "Rescue Carmona." |
| We'll Burn the Sky (50) | Unlock all landing zones. |
| Wheels of Steel (50) | Come in first during a co-op race. |
| Wild One (20 points) | You recruited Ewan. |
| You Better Run (20) | You verified Carmona. |
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John Doe