v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 1,437.6 $ 560.6
Accounts receivable, net 171.3 165.0
Unbilled receivables, net 405.4 292.4
Inventoried costs, net 235.9 188.2
Prepaid expenses 24.1 12.9
Other current assets 82.2 43.8
Total current assets 2,356.5 1,262.9
Property, plant and equipment, net 419.4 361.9
Operating lease right-of-use assets, net 50.6 43.4
Goodwill 871.2 595.7
Intangible assets, net 220.8 53.9
Other assets 159.4 144.4
Investment in joint venture 11.9 5.0
Total assets 4,089.8 2,467.2
Current liabilities:    
Accounts payable 104.8 69.6
Accrued expenses 95.9 60.5
Accrued compensation 92.2 82.3
Billings in excess of costs and earnings on uncompleted contracts 93.6 73.4
Current portion of operating lease liabilities 13.8 12.8
Current portion of finance lease liabilities 5.1 3.4
Other current liabilities 19.9 9.0
Total current liabilities 425.3 311.0
Operating lease liabilities, net of current portion 39.9 33.8
Finance lease liabilities, net of current portion 134.8 95.8
Other long-term liabilities 63.0 30.3
Total liabilities 663.0 470.9
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at June 28, 2026 and December 28, 2025 0.0 0.0
Common stock, $0.001 par value, 245,000,000 shares authorized and 187,557,916 shares issued and outstanding at June 28, 2026; 195,000,000 shares authorized and 168,875,032 shares issued and outstanding at December 28, 2025. 0.2 0.2
Additional paid-in capital 4,051.6 2,635.9
Accumulated other comprehensive income 0.6 2.1
Accumulated deficit (625.6) (641.9)
Total stockholders’ equity 3,426.8 1,996.3
Total liabilities and stockholders’ equity $ 4,089.8 $ 2,467.2