Contract DisputeA protest over the $990 million Switchblade Army IDIQ award has resulted in a stop work order, delaying revenue recognition and potentially impacting the company's revenue outlook.
Revenue ImpactThe stop work order on the $128 million task order is expected to delay revenue recognition by several months, affecting the company's financial projections.
Valuation ConcernsThe stock's rise of approximately 36% has led to it trading at a premium compared to its historical valuation metrics, limiting further upside potential.