A Pentagon contractor building drones, jet engines, and satellite gear for the U.S. military and allied governments.
Nearly all revenue comes from government contracts, with annual sales of USD 1.35B but razor-thin net margins around 2% — volume business, not high-margin software.
Decades of cleared, classified work with the DoD creates high switching costs, but rivals like Northrop Grumman and General Atomics compete fiercely for the same drone budgets. moat_level leans eroding as these giants scale up cheaper alternatives.
Sell (sector percentile 12) — value D-, growth B, profitability D, momentum D, revisions A-. Updated daily, sector-relative, identical for every user.
