Segment Information (Tables)

3 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Segment Revenues and Operating Profits (Losses)

Segment revenues, expenses and operating profits (losses) for the three months ended June 30, 2025 and 2024 were as follows:

	Three Months Ended
	June 30, 2025			June 30, 2024
	(In thousands)
Revenues:
Communication services
Aviation services	$	292,892		$	257,155
Government satcom services		191,768			183,873
Maritime services		117,801			123,947
Fixed services and other services		174,737			201,636
Total services		777,198			766,611
Total products		50,173			60,176
Total communication services revenues		827,371			826,787
Defense and advanced technologies
Total services		49,172			54,110
Information security and cyber defense products		102,148			55,507
Space and mission systems products		87,973			73,306
Tactical networking products		68,279			71,410
Advanced technologies and other products		36,111			45,340
Total products		294,511			245,563
Total defense and advanced technologies revenues		343,683			299,673
Elimination of intersegment revenues		—			—
Total revenues	$	1,171,054		$	1,126,460
Expenses:
Communication services
Depreciation	$	246,749		$	238,393
Stock-based compensation expense		8,312			12,095
Other than acquired intangible assets amortization (1)		14,009			10,740
Acquisition and transaction related expenses		7,874			1,786
Other segment items (2)		509,551			521,834
Total communication services expenses (3)		786,495			784,848
Defense and advanced technologies
Depreciation		10,952			11,407
Stock-based compensation expense		6,395			7,087
Other than acquired intangible assets amortization (1)		4,893			4,449
Acquisition and transaction related expenses		1,851			515
Other segment items (2)		248,055			192,204
Total defense and advanced technologies expenses (3)		272,146			215,662
Total expenses	$	1,058,641		$	1,000,510
Operating profits (losses):
Communication services	$	40,876		$	41,939
Defense and advanced technologies		71,537			84,011
Elimination of intersegment operating profits (losses)		—			—
Segment operating profit (loss) before corporate		112,413			125,950
Corporate:
Amortization of acquired intangible assets		(65,741	)		(66,215	)
Interest income		14,290			22,792
Interest expense		(100,357	)		(105,776	)
(Loss) gain on extinguishment of debt		(288	)	—
Other income (expense), net		(5,164	)	—
Income (loss) before income taxes	$	(44,847	)	$	(23,249	)

(1)Including amortization of capitalized cloud computing implementation costs.

(2)Other segment items include operating expenses such as cost of service and product revenues, selling, general and administrative expenses, IR&D expenses and related activities excluding allocable portion of depreciation, other than acquired intangibles amortization, stock-based compensation, and certain significant items that are disclosed under each segment.

(3)For the three months ended June 30, 2025 and 2024, IR&D expense and related activities, including allocable depreciation, stock-based compensation and other expenses were $19.2 million and $25.8 million, respectively, for the communication services segment, and $15.0 million and $12.8 million, respectively, for the defense and advanced technologies segment.

Revenues by Geographic Area

Revenues by geographic area for the three months ended June 30, 2025 and 2024 were as follows:

	Three Months Ended
	June 30, 2025		June 30, 2024
	(In thousands)
U.S. customers	$	815,333	$	776,495
Non-U.S. customers (each country individually insignificant)		355,721		349,965
Total revenues	$	1,171,054	$	1,126,460