v3.25.2
Revenue (Tables)
3 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following series of tables presents our revenue disaggregated by these categories.
Revenue by Contract Type:Three Months Ended
June 30,
 20252024
Cost-reimbursable$1,758 60 %$1,660 56 %
Time-and-materials638 22 %671 23 %
Fixed-price528 18 %611 21 %
Total Revenue$2,924 100 %$2,942 100 %
Revenue by Customer Type (1):
Three Months Ended
June 30,
20252024
Defense Customers
$1,517 51 %$1,421 48 %
Intelligence Customers
484 17 %457 16 %
Civil Customers923 32 %1,064 36 %
Total Revenue$2,924 100 %$2,942 100 %
(1) Customer type is based on public market as determined by government agency hierarchy mapping. Revenue by customer type for comparative periods for certain contracts has been reclassified to align to the most recent mapping.
Revenue by Whether the Company Acts as a Prime Contractor or a Subcontractor:
Three Months Ended
June 30,
20252024
Prime Contractor$2,741 94 %$2,808 95 %
Subcontractor183 %134 %
Total Revenue$2,924 100 %$2,942 100 %
Schedule of Contract Assets and Liabilities
The following table summarizes the contract assets and liabilities, and accounts receivable, net of allowance recognized on the Company’s condensed consolidated balance sheets:
June 30,
2025
March 31,
2025
Current assets
Accounts receivable–billed$725 $781 
Accounts receivable–unbilled (contract assets)1,562 1,491 
Allowance for credit losses(1)(1)
Accounts receivable, net2,286 2,271 
Other long-term assets
Accounts receivable–unbilled (contract assets)59 58 
Total accounts receivable, net$2,345 $2,329 
Other current liabilities
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities)$14 $18