A propulsion system for an aircraft includes a core flow path in communication with a compressor section, combustor section and a turbine section. A first bottoming cycle system includes a bottoming working fluid flow in thermal communication with a high energy exhaust gas flow that is generated by the core engine. The first bottoming cycle is configured to recover power from the high energy exhaust gas flow in a first engine operating condition and in a second engine operating condition. A second bottoming cycle system is configured to recover power from the high energy exhaust gas flow in the first engine operating condition and not to recover power in a second engine operating condition.