v3.26.1
Revenues (Tables)
9 Months Ended
Jul. 03, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Disaggregated revenues by customer-type were as follows:
Three Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Department of War and U.S. Intelligence Community$790 $927 $1,717 $865 $1,052 $1,917 
Other U.S. Government Agencies4286291057401596997 
Commercial and International239477716 155492647
Total revenues$1,457 $2,033 $3,490 $1,421 $2,140 $3,561 
Nine Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Department of War and U.S. Intelligence Community$2,317 $3,017 $5,334 $2,325 $3,168 $5,493 
Other U.S. Government Agencies1,249 1,562 2,811 1,222 1,781 3,003 
Commercial and International696 1,364 2,060 5001,472 1972
Total revenues$4,262 $5,943 $10,205 $4,047 $6,421 $10,468 
Disaggregated revenues by contract-type were as follows:
Three Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Cost-plus-fee$861 $1,010 $1,871 $952 $1,348 $2,300 
Fixed-price4246811105336481817 
Time-and-materials172342514 133311444 
Total revenues$1,457 $2,033 $3,490 $1,421 $2,140 $3,561 
Nine Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Cost-plus-fee$2,530 $3,173 $5,703 $2,598 $4,117 $6,715 
Fixed-price1,206 1,809 3,015 1,026 1,429 2,455 
Time-and-materials5269611,487 4238751,298 
Total revenues$4,262 $5,943 $10,205 $4,047 $6,421 $10,468 
Disaggregated revenues by prime contractor versus subcontractor were as follows:
Three Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Prime contractor$1,381 $1,863 $3,244 $1,301 $1,896 $3,197 
Subcontractor76 170 246 120244364 
Total revenues$1,457 $2,033 $3,490 $1,421 $2,140 $3,561 
Nine Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
Prime contractor$4,021 $5,270 $9,291 $3,680 $5,659 $9,339 
Subcontractor241673914 3677621,129 
Total revenues$4,262 $5,943 $10,205 $4,047 $6,421 $10,468 
Revenues by geographic location are reported by the country in which the work is performed and were as follows:
Three Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
United States$1,404 $1,399 $2,803 $1,360 $1,327 $2,687 
International53634687 61 813 874 
Total revenues$1,457 $2,033 $3,490 $1,421 $2,140 $3,561 
Nine Months Ended
July 3, 2026June 27, 2025
(Amounts in millions)DSGESTotalDSGESTotal
United States$4,096 $3,905 $8,001 $3,867 $3,890 $7,757 
International1662,038 2,204 180 2,531 2,711 
Total revenues$4,262 $5,943 $10,205 $4,047 $6,421 $10,468 
Schedule of Changes in Estimated Contract Earnings
Changes in estimated contract earnings at completion using the cumulative catch-up method of accounting were recognized in revenues as follows:
Three Months EndedNine Months Ended
(Amounts in millions)
July 3, 2026June 27, 2025July 3, 2026June 27, 2025
Favorable earnings at completion adjustments$84 $48 $203 $98 
Unfavorable earnings at completion adjustments(46)(35)(120)(58)
Net favorable adjustments$38 $13 $83 $40 
Impact on diluted earnings per share attributable to common shareholders (1)
$0.12 $0.04 $0.27 $0.13 
(1)    The impact on diluted earnings per share attributable to common shareholders is calculated using our statutory tax rate.
The Company's contract balances consisted of the following (in millions):
As of
Description of Contract Related BalanceClassificationJuly 3, 2026October 3, 2025
Billed and billable receivablesAccounts receivable, net$1,490 $1,514 
Contract assetsAccounts receivable, net1,007 902 
Related party receivablesAccounts receivable, net56 63 
Long-term contract assetsOther long-term assets— 90 
Related party contract liabilities - deferred revenues and other contract liabilitiesContract liabilities(9)(15)
Contract liabilities - deferred revenues and other contract liabilitiesContract liabilities(162)(212)