Q2 2026 Earnings

Operating metrics disclosed this quarter

Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.

• Contractual Backlog

  $42.00B

  NOTE O: CONTRACTUAL BACKLOG Contractual backlog, which is the equivalent of our remaining performance obligations, represents the future revenue we expect to recognize as we perform on our current contracts. Contractual backlog comprises both funded backlog (i.e., firm orders for which funding is authorized and appropriated) and unfunded backlog (i.e., orders for which funds have not been appropriated and/or incrementally funded). Contractual backlog excludes unexercised contract options and potential orders under ordering-type contracts, such as indefinite-delivery, indefinite-quantity contracts. As of July 3, 2026, our contractual backlog was $ 42.0 billion. We expect to recognize approximately 40 % of our contractual backlog as revenue over the next twelve months and 65 % as revenue over the next twenty-four months , with the remainder to be recognized thereafter.

• Communications & Spectrum Dominance Ending Contractual Backlog

  $9.03B

  Communications & Spectrum Dominance Segment Second Quarter | | | Year to Date (Dollars in millions) | | 2026 | | | 2025 | | | % Inc/(Dec) | | | 2026 | | | 2025 | | | % Inc/(Dec) Revenue | | $ | | 1,943 | | | | $ | | 1,861 | | | | 4 | | % | | | $ | | 3,798 | | | | $ | | 3,670 | | | | 3 | | % Operating income | | 522 | | | | 458 | | | | 14 | | % | | | 987 | | | | 901 | | | | 10 | | % Operating margin | | 26.9 | | % | | | 24.6 | | % | | | | | 26.0 | | % | | | 24.6 | | % Ending contractual backlog | | | | | | | | $ | | 9,031 | | | | $ | | 9,437

• Missile Solutions Ending Contractual Backlog

  $10.53B

  Missile Solutions Segment Second Quarter | | | Year to Date (Dollars in millions) | | 2026 | | | 2025 | | | % Inc/(Dec) | | | 2026 | | | 2025 | | | % Inc/(Dec) Revenue | | $ | | 1,054 | | | | $ | | 925 | | | | 14 | | % | | | $ | | 2,044 | | | | $ | | 1,765 | | | | 16 | | % Operating income | | 130 | | | | 116 | | | | 12 | | % | | | 254 | | | | 212 | | | | 20 | | % Operating margin 12.3 | | % | | | 12.5 | | % | | | | | 12.4 | | % | | | 12.0 | | % Ending contractual backlog | | | | | | | | $ | | 10,531 | | | | $ | | 9,661