Our first quarter of fiscal 2026 was a beat-and-raise. Revenue hit $371 million, up 22.6% total and 15.8% organically, driven by unmanned systems, defense and rocket support, turbine tech and microwave products. Backlog hit a record at about $2 billion on a 1.6‑to‑1 book‑to‑bill. Adjusted EBITDA was $38.7 million, above the $25‑30 million range we guided. Full‑year revenue guidance lifted to $1.70‑1.76 billion, an estimated 15‑19% organic growth. Cash sits at $1.46 billion, zero debt. Think affordability. Okay? All right?
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