XML 36 R22.htm IDEA: XBRL DOCUMENT v3.23.1

Revenue (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Remaining Performance Obligation

Performance obligations as of March 31, 2023 and December 31, 2022 are presented in the following table:

						March 31,						December 31,
(In millions)						2023						2022
Performance Obligations						$	3,425					$	2,997

Disaggregation of Revenue

The following tables present various revenue disaggregations.

Revenue by contract type for the three months ended March 31, 2023 and April 1, 2022 is as follows:

						Three Months Ended
						March 31,						April 1,						%
(In thousands)						2023						2022						Change
Cost-plus and cost-reimbursable						$	523,030					$	311,094					68.1		%
Firm-fixed-price						385,112						128,004						200.9		%
Time-and-materials						35,318						17,373						103.3		%
Total revenue						$	943,460					$	456,471

Revenue by geographic region in which the contract is performed for the three months ended March 31, 2023 and April 1, 2022 is as follows:

						Three Months Ended
						March 31,						April 1,						%
(In thousands)						2023						2022						Change
United States						$	548,770					$	167,980					226.7		%
Middle East						281,121						235,754						19.2		%
Asia						64,317						16,206						296.9		%
Europe						49,252						36,531						34.8		%
Total revenue						$	943,460					$	456,471

Revenue by contract relationship for the three months ended March 31, 2023 and April 1, 2022 is as follows:

						Three Months Ended
						March 31,						April 1,						%
(In thousands)						2023						2022						Change
Prime contractor						$	879,179					$	427,093					105.9		%
Subcontractor						64,281						29,378						118.8		%
Total revenue						$	943,460					$	456,471

Revenue by customer for the three months ended March 31, 2023 and April 1, 2022 is as follows:

						Three Months Ended
						March 31,						April 1,						%
(In thousands)						2023						2022						Change
Army						$	390,503					$	280,113					39.4		%
Navy						292,690						75,217						289.1		%
Air Force						129,981						61,474						111.4		%
Other						130,286						39,667						228.4		%
Total revenue						$	943,460					$	456,471

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration