Performance in 2025 was driven by the ability to scale operations amid robust demand across all nuclear end markets, resulting in 18% revenue growth and a 50% increase in total backlog to $7.3 billion. The Government Operations segment secured critical new pricing agreements for naval propulsion and initiated major defense uranium enrichment and high-purity depleted uranium (HPDU) programs. Commercial growth was accelerated by the strategic acquisitions of AOT and Kinectrics, which enabled the company ...