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Revenue
 12 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
We disaggregate our revenue from contracts with customers by contract type and by customer type, as well as by whether the Company acts as prime contractor or sub-contractor, as we believe these categories best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors. The following series of tables presents our revenue disaggregated by these categories.
Revenue by Contract Type:
 Fiscal Year Ended March 31,
 202320222021
Cost-reimbursable$4,908,451 53%$4,514,262 54%$4,419,533 56%
Time-and-materials2,296,965 25%2,017,094 24%1,962,999 25%
Fixed-price2,053,495 22%1,832,344 22%1,476,406 19%
Total Revenue$9,258,911 100%$8,363,700 100%$7,858,938 100%
Revenue by Customer Type:
Fiscal Year Ended March 31,
202320222021
U.S. government(1):
Defense Clients$4,210,430 45%$3,950,751 47%$3,920,498 49%
Intelligence Clients1,693,942 18%1,578,939 19%1,549,422 20%
Civil Clients3,124,889 34%2,617,730 31%2,183,184 28%
Total U.S. government9,029,261 97%8,147,420 97%7,653,104 97%
Global Commercial Clients229,650 3%216,280 3%205,834 3%
Total Revenue$9,258,911 100%$8,363,700 100%$7,858,938 100%
(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. Comparative periods revenue by customer type has been recast to reflect the changes.
Revenue by Whether the Company Acts as a Prime Contractor or a Sub-Contractor:    
Fiscal Year Ended March 31,
202320222021
Prime Contractor$8,755,628 95%$7,864,273 94%$7,311,313 93%
Sub-contractor503,283 5%499,427 6%547,625 7%
Total Revenue$9,258,911 100%$8,363,700 100%$7,858,938 100%
Performance Obligations
As of March 31, 2023 and 2022, the Company had $7.9 billion and $7.4 billion of remaining performance obligations, respectively. We expect to recognize approximately 75% of the remaining performance obligations as of March 31, 2023 as revenue over the next 12 months, and approximately 85% over the next 24 months. The remainder is expected to be recognized thereafter.
Contract Balances
The following table summarizes the contract assets and liabilities, and accounts receivable, net of allowance recognized on the Company’s consolidated balance sheets:
March 31,
20232022
Current assets:
Accounts receivable–billed$551,666 $465,322 
Accounts receivable–unbilled (contract assets)1,223,482 1,157,667 
Allowance for credit losses(318)— 
Accounts receivable, net1,774,830 1,622,989 
Other long-term assets:
Accounts receivable–unbilled (contract assets)59,455 64,339 
Total accounts receivable, net$1,834,285 $1,687,328 
Other current liabilities
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities)$18,995 $26,747 
For fiscal 2023, 2022 and 2021, we recognized revenue of $24.4 million, $14.9 million and $24.5 million, respectively, related to our contract liabilities on April 1, 2022, 2021 and 2020, respectively.
Benefit for credit losses recognized were $(2.0) million, $(1.5) million, and $(2.6) million for fiscal 2023, 2022, and 2021, respectively.