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REVENUE (Tables)
6 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The table below presents the total revenue for each type of contract:
 Three Months Ended
September 30,
Six Months Ended
September 30,
 2022202120222021
Cost-reimbursable$1,201,407 52 %$1,127,189 53 %$2,392,235 53 %$2,242,614 55 %
Time-and-materials564,438 25 %500,263 24 %1,110,340 24 %997,713 24 %
Fixed-price533,131 23 %478,586 23 %1,046,001 23 %854,777 21 %
Total Revenue$2,298,976 100 %$2,106,038 100 %$4,548,576 100 %$4,095,104 100 %
Revenue by Customer Type:
Three Months Ended
September 30,
Six Months Ended
September 30,
2022202120222021
U.S. government(1):
Defense Clients$1,019,108 44 %$996,463 48 %$2,039,099 45 %$1,970,069 48 %
Intelligence Clients432,543 19 %396,415 19 %841,426 18 %775,588 19 %
Civil Clients783,782 34 %662,138 31 %1,541,496 34 %1,254,934 31 %
Total U.S. government2,235,433 97 %2,055,016 98 %4,422,021 97 %4,000,591 98 %
Global Commercial Clients63,543 %51,022 %126,555 %94,513 %
Total Revenue$2,298,976 100 %$2,106,038 100 %$4,548,576 100 %$4,095,104 100 %
(1) Certain contracts were reassigned between the various verticals of our U.S. government business shown in the table above to better align our operations to the customers we serve within each market. Prior year revenue by customer type has been recast to reflect the changes.
Revenue by Whether the Company Acts as a Prime Contractor or a Subcontractor:
Three Months Ended
September 30,
Six Months Ended
September 30,
2022202120222021
Prime Contractor$2,179,375 95 %$1,978,216 94 %$4,310,670 95 %$3,839,939 94 %
Subcontractor119,601 %127,822 %237,906 %255,165 %
Total Revenue$2,298,976 100 %$2,106,038 100 %$4,548,576 100 %$4,095,104 100 %
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:
September 30,
2022
March 31,
2022
Current assets
Accounts receivable–billed$446,058 $465,322 
Accounts receivable–unbilled (contract assets)1,209,718 1,157,667 
Allowance for credit losses(2)— 
Accounts receivable, net1,655,774 1,622,989 
Other long-term assets
Accounts receivable–unbilled (contract assets)58,529 64,339 
Total accounts receivable, net$1,714,303 $1,687,328 
Other current liabilities
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities)19,803 26,747