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into right dive so me Let I'm confident. why
XXXX. during quite accomplishment. That represents increase. of compared a is First, orders to XX.X booked we This million in fiscal XXXX, million XX.X an XX%
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XX, backlog funded marking can from be million XX.X% backlog, increase $XX.X our stood considered the a December million, at Third, which XXXX. on $XX.X had we
backlog from funded orders long-term future we that come represents assemblies we buys programs our essential Our orders machine expect machine customers the -- sales from for components funded are used net contracts key other essentially received. and funded by approved agreements, platforms components serve. These to in and spot realize and
as step Importantly, the our a Unfunded orders as us to $XX December backlog to XX, $XXX.X total under future When awarded of of take referred long-term what including orders contracts. backlog represent unfunded excludes our million agreements back, million. or contracts value sometimes is XXXX existing other was [ possible orders. you of further ]
we earlier, multiyear a the As is with partnerships although and visibility $XXX.X difficult validates I have revenue the timing million have key into customers. to our said amount future our predict, provides
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backlog year-end our looking in evidence the strategy bright. form tangible track believe I best position on of And are way. our things bookings long a is come and XXXX have We are that
CEO on distress. role, company was the the took I in When
believe to and you combined requisite a equipment, XXXX, X-year are we products, are million. right nurtured. lost have -- new you If $XX.X look if back for we period a much the a we and go right I business where better being with we began the -- Relationships capital grow team capability right our have ones our years. the many customers to Today,
way. long a We have come
thank suppliers, during and wisdom Directors several challenging we to and I In our do of to years customers insight support, had. want Board for addition our employees, their
CEO XXXX, our a that Director of I forget, Industries President in am I and a Pete his as their Pete glad of in served would become XXXX, the appreciate Air served and Rettaliata role. from he want XXXX company mention of Board before the fact, Chairman. as and accepted guidance, since I announced and Importantly, of XXXX. to July to I has that December
As I fiscal towards to profitable geared our programs business winning strategy look is to and growth. that achieve competing enable us XXXX, and sustainable
exceptional to We generate our will continue also unwavering reliability. commitment quality and
II dates of who rich our to to for history For World new you producing back Air Industries, War those fighter parts XXXX, are aircraft.
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critical a RTX, customers, are sales. serve defense XX.X% aerospace U.S. the X highly concentrated customers supplier of sales to and [indiscernible], proudly. with XXXX customers We industry, representing the As and these government Boeing to
a Although some as it concentration view I an may a view risk, customers sales among few as opportunity.
companies are than These larger much us.
many we have that have. room briefly of let we discuss me key support new will when during programs with and we With programs to they continue XXXX XXXX. the platforms in on fiscal and So we partner that, for growth some that them, supported
Here the top X based on XXXX sales.
program, Hornet accounted sales. for which of XX.X% our F-XX the First,
our Secondly, XX.X% came Hawkeye. in sales from of E-XD XXXX the
XX.X% XX.X% another critical components engines. sales turbofan geared from Black Hawk came the helicopter. from came sales Third, And UH-XX for the of finally, of
U.S. governments. range Marine a Force, DoD first Air be it military well Navy, as whether the Corps The the the as programs Army, of X branches, cover foreign
Geared programs is modern Additionally, commercial in global most successful Turbofan many one introduced times the the of airlines. and is in by use engine
where XXXX, stand, we partnering existing One order ones. we strategy cultivating we past expanded during several components. marketing our our sales consider aerospace with customers the in years, for new specialized to actually point So you a base in the end with make, efforts our when focus have support. users and revenue significant from sharp And In from secured yielded $XXX,XXX results. initial different a on an company foreign-based year, important I pretty is diversified actually the
the one of systems of is customer gear largest the and land world. providers This in
we and orders relationship, additional new develop continue are this strengthen securing about time. optimistic we over As to
Now the let chain supply comments me some provide on front.
coded As other chain overall chain seen securing supply it materials everyone countries. difficulties. supply whether for never raw was I challenging, industry-wide such have knows, from industry-wide issues remain
vigilant remain months, that the us. we impact to working We that one specific on major largely pleased in I'm and in program that have us chain XXXX through worked in last XXXX. one And report several key issues through supply issue impacted
been We are this has resolved. that issue confident largely
the have not throughout delivery have supplier, the to fact, materials occurred products only has a in we In receive identified. but Initial expect we been raw year. source second XXXX, and from begun deliveries
few let and I'll outlook. results, more Scott back our a our I Now Scott? financial business XXXX as to promised, remarks to on me it that, turn a be bit provide over on With for color
