Yeah, sure, Matt — I think the demand projections are one conversation and our delivery record is another. FY2025 revenue roughly $3.2 billion, up about 18%, Adjusted EBITDA up around 15%, free cash flow up 16%. Year-end backlog $7.3 billion, up 15%. Q1 2026 stronger at $860 million revenue, backlog $8.7 billion with Government Operations near $7 billion. Raised FY2026 guidance: revenue at least $3.75 billion, Adjusted EBITDA $650-665 million, free cash flow $315-330 million. Excludes Precision Components acquisition closing second half. Those aren't in hand yet — we'll see.

src ▸

BWXT / The numbers, and the raised guidance

rcpt ▸

/p/p-day-20260803-bwxt-src-bwxt-financials-and-raised-guidance-conversation ↗

ts ▸

2026-08-03T16:03:13.118Z