Adjusted EBITDA margin expanded 40 basis points year over year to 8.1%. Johnson attributed margin expansion to strong program performance, reduced indirect spending due to realized cost synergies, and disciplined expense management during the shutdown, alongside the company’s effort to prioritize higher-margin work.Johnson said first-quarter revenue totaled $3.24 billion and reflected previously discussed joint venture transitions, divestitures, and the shutdown. Normalizing for those items, he characterize ...