Core Insights - The company achieved record fourth quarter adjusted EBITDA and margins by shifting its business mix towards high-growth sectors such as aerospace, defense, and infrastructure [1] Business Strategy - A hub-and-spoke operating model and dynamic pricing strategies were implemented in the aerospace segment to better capture the surging demand in private space and defense [1] - The company improved gross profit margins by 190 basis points through rigorous pricing discipline and operational efficiencies, rather than relying solely on one-time restructuring actions [1] Revenue Growth - The Data Solutions business, particularly the PCMS software offering, expanded by 20.7% in 2025 to capitalize on industrial demand for actionable inspection insights [1] Portfolio Management - The company managed a strategic decline in oil and gas revenue by intentionally closing unprofitable laboratories and exiting low-margin service lines [1] - Diversification into the data center and LNG infrastructure markets was undertaken to reduce historical dependency on cyclical oil and gas spending [1] Leadership and Culture - The executive leadership team was rebuilt and organizational layers were streamlined to accelerate decision-making and foster a performance-oriented culture [1]