SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Acquisition of Berry Aviation
On June 23, 2026, the Company announced that it had entered into a definitive agreement to acquire Berry Aviation, Inc. ("Berry Aviation") for $105.0 million, in an all-cash transaction, subject to customary purchase price adjustments. On July 13, 2026, the Company completed the acquisition of Berry Aviation. The acquisition is expected to enhance the Company’s Government Services offerings and add differentiated special mission capabilities. Berry Aviation provides a range of aviation services, including special missions, intelligence, surveillance and reconnaissance operations, maintenance, repair and overhaul services, training and mission support, unmanned aerial systems design and development capabilities, and on-demand cargo logistics. The acquisition will be accounted for as a business combination under ASC 805, Business Combinations. The Company is in the process of determining the purchase price allocation. As such, the initial accounting for the acquisition has not been completed as of the date of these condensed consolidated financial statements.
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