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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 1,464.3 $ 560.6
Accounts receivable, net 194.5 165.0
Unbilled receivables, net 334.1 292.4
Inventoried costs, net 225.7 188.2
Prepaid expenses 22.5 12.9
Other current assets 69.3 43.8
Total current assets 2,310.4 1,262.9
Property, plant and equipment, net 414.2 361.9
Operating lease right-of-use assets, net 45.4 43.4
Goodwill 884.1 595.7
Intangible assets, net 219.7 53.9
Other assets 161.9 144.4
Investment in joint venture 7.0 5.0
Total assets 4,042.7 2,467.2
Current liabilities:    
Accounts payable 112.0 69.6
Accrued expenses 58.7 60.5
Accrued compensation 88.8 82.3
Billings in excess of costs and earnings on uncompleted contracts 108.1 73.4
Current portion of operating lease liabilities 13.9 12.8
Current portion of finance lease liabilities 4.8 3.4
Other current liabilities 24.4 9.0
Total current liabilities 410.7 311.0
Operating lease liabilities, net of current portion 34.7 33.8
Finance lease liabilities, net of current portion 132.0 95.8
Other long-term liabilities 55.3 30.3
Total liabilities 632.7 470.9
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at March 29, 2026 and December 28, 2025 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 187,392,912 and 168,875,032 shares issued and outstanding at March 29, 2026 and December 28, 2025, respectively 0.2 0.2
Additional paid-in capital 4,038.7 2,635.9
Accumulated other comprehensive income 1.1 2.1
Accumulated deficit (630.0) (641.9)
Total stockholders’ equity 3,410.0 1,996.3
Total liabilities and stockholders’ equity $ 4,042.7 $ 2,467.2