Strong Q4 and Full-Year Financial Performance
Fourth-quarter revenue of $1.84 billion, a 6% increase year-over-year. Full-year FY 2025 revenue of $7.48 billion, representing a 3.1% organic growth at the high end of guidance.
Commercial Operating Sector Growth
Revenue increased from less than $1 million in FY 2022 to approximately $45 million in FY 2025, with a goal of $100 million by FY 2028.
Strategic Contract Wins and Backlog
Net bookings in Q4 of $1.3 billion and $6.6 billion for FY 2025. Won a $1.8 billion system software lifecycle engineering contract, with a backlog of submitted bids increasing to over $20 billion.
Guidance for FY 2026
Guiding revenues to a range of $7.6 billion to $7.75 billion, representing approximately 3% organic growth at the midpoint. EBITDA margin guidance of 9.4% to 9.6%.