v3.25.3
Revenues (Tables)
9 Months Ended
Oct. 03, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenues
Disaggregated revenues by customer-type were as follows:
Three Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
DoD and U.S. Intelligence Community
$1,456 $241 $10 $536 $2,243 
Other U.S. government agencies(1)
513 1,034 89 16 1,652 
Commercial and non-U.S. customers
32 21 471 30 554 
Total$2,001 $1,296 $570 $582 $4,449 
Three Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
DoD and U.S. Intelligence Community
$1,281 $243 $15 $475 $2,014 
Other U.S. government agencies(1)
540 964 114 18 1,636 
Commercial and non-U.S. customers
26 16 448 29 519 
Total$1,847 $1,223 $577 $522 $4,169 
(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.
Nine Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
DoD and U.S. Intelligence Community$4,106 $763 $22 $1,476 $6,367 
Other U.S. government agencies(1)
1,536 3,028 285 63 4,912 
Commercial and non-U.S. customers83 58 1,396 94 1,631 
Total$5,725 $3,849 $1,703 $1,633 $12,910 
Nine Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
DoD and U.S. Intelligence Community$3,749 $755 $29 $1,341 $5,874 
Other U.S. government agencies(1)
1,585 2,867 268 64 4,784 
Commercial and non-U.S. customers87 48 1,348 86 1,569 
Total$5,421 $3,670 $1,645 $1,491 $12,227 
(1) Includes federal government agencies other than the DoD and U.S. Intelligence Community, as well as state and local government agencies.
Disaggregated revenues by contract-type were as follows:
Three Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
Cost-reimbursement and fixed-price-incentive-fee
$1,107 $443 $99 $345 $1,994 
Firm-fixed-price555 809 347 201 1,912 
Time-and-materials and fixed-price-level-of-effort
339 44 124 36 543 
Total$2,001 $1,296 $570 $582 $4,449 
Three Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
Cost-reimbursement and fixed-price-incentive-fee
$980 $433 $94 $326 $1,833 
Firm-fixed-price511 737 378 155 1,781 
Time-and-materials and fixed-price-level-of-effort
356 53 105 41 555 
Total$1,847 $1,223 $577 $522 $4,169 
Nine Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
Cost-reimbursement and fixed-price-incentive-fee$3,127 $1,344 $284 $978 $5,733 
Firm-fixed-price1,566 2,355 1,051 536 5,508 
Time-and-materials and fixed-price-level-of-effort1,032 150 368 119 1,669 
Total$5,725 $3,849 $1,703 $1,633 $12,910 
Nine Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
Cost-reimbursement and fixed-price-incentive-fee$2,874 $1,331 $269 $940 $5,414 
Firm-fixed-price1,497 2,176 1,049 437 5,159 
Time-and-materials and fixed-price-level-of-effort1,050 163 327 114 1,654 
Total$5,421 $3,670 $1,645 $1,491 $12,227 
Disaggregated revenues by geographic location were as follows:
Three Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
United States
$1,987 $1,293 $248 $576 $4,104 
International
14 3 322 6 345 
Total$2,001 $1,296 $570 $582 $4,449 
Three Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
United States
$1,840 $1,222 $257 $511 $3,830 
International
320 11 339 
Total$1,847 $1,223 $577 $522 $4,169 
Nine Months Ended October 3, 2025
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
United States
$5,695 $3,843 $733 $1,607 $11,878 
International
30 6 970 26 1,032 
Total$5,725 $3,849 $1,703 $1,633 $12,910 
Nine Months Ended September 27, 2024
(in millions)National Security & DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
United States
$5,398 $3,666 $692 $1,458 $11,214 
International
23 953 33 1,013 
Total$5,421 $3,670 $1,645 $1,491 $12,227 
Schedule of Components of Contract Assets and Contract Liabilities
The components of contract assets and contract liabilities consisted of the following:
(in millions)Balance sheet line itemOctober 3,
2025
January 3,
2025
Contract assets - current:
Unbilled receivablesReceivables, net$949 $842 
Contract liabilities - current:
Deferred revenue(1)
Accounts payable and accrued liabilities$396 $333 
Contract liabilities - non-current:
Deferred revenue(1)
Other long-term liabilities$6 $10 
(1) Certain contracts record revenue net of cost of revenues, and therefore, the respective deferred revenue balance will not fully convert to revenue.