Strong Financial Performance
Second quarter revenue was $1.08 billion, with adjusted EBITDA of $82 million and adjusted net income of $42 million. Adjusted EPS increased 59% year-over-year to $1.33.
Increased EPS Guidance
The company increased its adjusted EPS guidance due to successful debt refinancing and tax benefits, reflecting confidence in financial performance.
Strategic Contract Wins
Awarded a $4.3 billion 9-year T-6 contract to support multi-service aviation training, emphasizing the company's strong execution and strategy alignment.
Robust Pipeline
The company has a 3-year pipeline valued at over $50 billion, with a focus on fixed price or outcome-based contracts.
Capital Allocation Strategy
Announced a $100 million share repurchase authorization and highlighted strategic investments in talent and capabilities.