v3.25.2
REVENUE (Tables)
 6 Months Ended
Jun. 27, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Remaining Performance Obligation
Remaining performance obligations are presented in the following table:
As of
June 27,December 31,
(In millions)20252024
Performance Obligations$3,901 $3,483 
Schedule of Disaggregation of Revenue
Revenue by contract type is as follows:
Three Months EndedSix Months Ended
June 27,June 28,%June 27,June 28,%
(In thousands)20252024Change20252024Change
Cost-plus and cost-reimbursable$647,582 $615,837 5.2 %$1,270,653 $1,200,659 5.8 %
Firm-fixed-price405,091 429,182 (5.6)%769,177 826,433 (6.9)%
Time-and-materials25,657 27,164 (5.5)%54,423 55,655 (2.2)%
Total revenue$1,078,330 $1,072,183 $2,094,253 $2,082,747 
Revenue by geographic region in which the contract is performed is as follows:
Three Months EndedSix Months Ended
June 27,June 28,%June 27,June 28,%
(In thousands)20252024Change20252024Change
United States$632,357 $578,881 9.2 %$1,209,815 $1,123,608 7.7 %
Middle East320,317 361,064 (11.3)%638,662 704,361 (9.3)%
Asia76,793 84,663 (9.3)%152,771 153,464 (0.5)%
Europe48,863 47,575 2.7 %93,005 101,314 (8.2)%
Total revenue$1,078,330 $1,072,183 $2,094,253 $2,082,747 
Revenue by contract relationship is as follows:
Three Months EndedSix Months Ended
June 27,June 28,%June 27,June 28,%
(In thousands)20252024Change20252024Change
Prime contractor$1,008,340 $1,006,121 0.2 %$1,972,086 $1,951,276 1.1 %
Subcontractor69,990 66,062 5.9 %122,167 131,471 (7.1)%
Total revenue$1,078,330 $1,072,183 $2,094,253 $2,082,747 
Revenue by customer is as follows:
Three Months EndedSix Months Ended
June 27,June 28,%June 27,June 28,%
(In thousands)20252024Change20252024Change
Army$457,443 $456,690 0.2 %$899,579 $890,120 1.1 %
Navy354,282 349,824 1.3 %700,394 671,208 4.3 %
Air Force107,822 127,467 (15.4)%206,948 246,036 (15.9)%
Other158,783 138,202 14.9 %287,332 275,383 4.3 %
Total revenue$1,078,330 $1,072,183 $2,094,253 $2,082,747