Graham Corp posts 56% order surge to record $533M backlog; two acquisitions expand tech base

Filed June 8, 2026 · Period ending March 31, 2026 · Compared to 10-K Jun 9, 2025 · ~2 min read

Key Changes

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  Orders jumped 56% to $359M in fiscal 2026, driving backlog to record $533M (85% Defense). Major wins include $101M Virginia Class submarines, $75M Columbia Class follow-ons, $25M MK48 torpedoes.

  MD&A: Orders and Backlog verify on EDGAR →
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  FlackTek acquisition ($37M cash/stock plus $25M earn-outs) adds $30M revenue run-rate in advanced mixing systems serving defense energetics, batteries, composites with recurring consumables model.

  MD&A: FlackTek Acquisition verify on EDGAR →
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  Fiscal 2027 guidance targets $285-295M revenue (up 18-20%) and $35-40M adjusted EBITDA (up 44-52%), reflecting Defense backlog conversion and first full year of FlackTek contribution.

  MD&A: Fiscal 2027 Outlook verify on EDGAR →