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Revenue
 12 Months Ended
Mar. 31, 2024
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,
 202420232022
Cost-reimbursable$5,873,045 55%$4,908,451 53%$4,514,262 54%
Time-and-materials2,530,366 24%2,296,965 25%2,017,094 24%
Fixed-price2,258,485 21%2,053,495 22%1,832,344 22%
Total Revenue$10,661,896 100%$9,258,911 100%$8,363,700 100%
Revenue by Customer Type:
Fiscal Year Ended March 31,
202420232022
U.S. government(1):
Defense Clients$5,055,779 47%$4,228,110 45%$3,965,590 47%
Intelligence Clients1,774,405 17%1,686,622 18%1,573,216 19%
Civil Clients3,658,465 34%3,112,537 34%2,608,618 31%
Total U.S. government10,488,649 98%9,027,269 97%8,147,424 97%
Global Commercial Clients173,247 2%231,642 3%216,276 3%
Total Revenue$10,661,896 100%$9,258,911 100%$8,363,700 100%
(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,
202420232022
Prime Contractor$10,143,192 95%$8,755,628 95%$7,864,273 94%
Sub-contractor518,704 5%503,283 5%499,427 6%
Total Revenue$10,661,896 100%$9,258,911 100%$8,363,700 100%
Performance Obligations
As of March 31, 2024 and 2023, the Company had $8.7 billion and $7.9 billion of remaining performance obligations, respectively. We expect to recognize approximately 70% of the remaining performance obligations as of March 31, 2024 as revenue over the next 12 months, and approximately 80% 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,
20242023
Current assets:
Accounts receivable–billed$700,066 $551,666 
Accounts receivable–unbilled (contract assets)1,347,577 1,223,482 
Allowance for credit losses(301)(318)
Accounts receivable, net2,047,342 1,774,830 
Other long-term assets:
Accounts receivable–unbilled (contract assets)57,355 59,455 
Total accounts receivable, net$2,104,697 $1,834,285 
Other current liabilities
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities)$15,527 $18,995 
For fiscal 2024, 2023 and 2022, we recognized revenue of $17.2 million, $24.4 million and $14.9 million, respectively, related to our contract liabilities on April 1, 2023, 2022 and 2021, respectively.
Benefit for credit losses recognized were $(0.3) million, $(2.0) million, and $(1.5) million for fiscal 2024, 2023, and 2022, respectively.