J: 10-K Risk Factor Changes

2023 vs 2022  ·  SEC EDGAR  ·  2026-06-01
Other years: 2025 vs 2024 · 2024 vs 2023
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

2
New Risks
2
Removed
10
Modified
52
Unchanged
🟢 New in Current Filing We are pursuing a plan to separate and combine our Critical Mission Services business and a portion of our Divergent Solutions business with Amentum in a tax-efficient Reverse Morris Trust transaction. The proposed transaction may not be completed on the currently contemplated timeline or at all and may not achieve the intended benefits. 🔒
🟢 New in Current Filing Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase and our net income and cash flows to correspondingly decrease. 🔒
🔴 No Match in Current Filing We must successfully manage the demand, supply and operational challenges associated with the effects of disease outbreaks, including epidemics, pandemics or similar widespread public health concerns. 🔒
🔴 No Match in Current Filing Our operations may be impacted by the United Kingdom’s exit from the European Union. 🔒
🟡 Modified The outcome of pending and future claims and litigation could have a material adverse impact on our business, financial condition, and results of operations and damage our reputation. 🔒
🟡 Modified We rely in part on liquidity from our credit facilities to fund our business. Restrictions in our credit facilities and other indebtedness could adversely affect our business. 🔒
🟡 Modified Risks Related to Our Indebtedness and Credit Markets 🔒
🟡 Modified Risks Related to Our Operations 🔒
🟡 Modified Our businesses could be materially and adversely affected by events outside of our control. 🔒
🟡 Modified Continuing inflation, rising or continued high interest rates, and/or construction costs could reduce the demand for our services as well as decrease our profit on our existing contracts, in particular with respect to our fixed-price contracts. 🔒
🟡 Modified Risks Related to Regulatory Compliance 🔒
🟡 Modified Risks Related to Acquisitions, Investments, Joint Ventures and Divestitures 🔒
🟡 Modified Remote working arrangements may increase our costs and adversely impact our culture and ability to effectively train our personnel. 🔒
🟡 Modified Our benefit plan expenses and obligations may fluctuate depending on various factors, including inflation, changes in levels of interest rates, and pension plan asset performance. 🔒
14 changes in this historical filing

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