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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 28, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents $ 565.9 $ 329.3
Accounts receivable, net 136.3 117.5
Unbilled receivables, net 287.1 206.3
Inventoried costs, net 180.0 162.1
Prepaid expenses 14.8 18.0
Other current assets 52.9 38.9
Total current assets 1,237.0 872.1
Property, plant and equipment, net 342.5 288.2
Operating lease right-of-use assets, net 42.0 37.6
Goodwill 595.0 568.9
Intangible assets, net 57.2 53.8
Other assets 149.6 130.3
Total assets 2,423.3 1,950.9
Current liabilities:    
Accounts payable 66.2 82.0
Accrued expenses 66.8 38.8
Accrued compensation 68.7 71.9
Billings in excess of costs and earnings on uncompleted contracts 64.2 76.3
Current portion of operating lease liabilities 12.2 11.3
Current portion of finance lease liabilities 2.8 1.9
Other current liabilities 6.5 14.5
Total current liabilities 287.4 296.7
Long-term debt, net of current portion 0.0 174.6
Operating lease liabilities, net of current portion 33.3 29.8
Finance lease liabilities, net of current portion 86.0 64.4
Other long-term liabilities 35.1 32.2
Total liabilities 441.8 597.7
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at September 28, 2025 and December 29, 2024 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 168,838,631 and 151,092,292 shares issued and outstanding at September 28, 2025 and December 29, 2024, respectively 0.2 0.2
Additional paid-in capital 2,627.0 2,017.4
Accumulated other comprehensive income (loss) 2.1 (0.5)
Accumulated deficit (647.8) (663.9)
Total stockholders’ equity 1,981.5 1,353.2
Total liabilities and stockholders’ equity $ 2,423.3 $ 1,950.9