Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

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Revenue (Tables)
 6 Months Ended
Jun. 29, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities during the six months ended June 29, 2024:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2024
 $ 46,321  $ 22,888 
Ending Balance, June 29, 2024
 $ 53,291  $ 18,448 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as follows:
Six Months Ended Three Months Ended
(In thousands) June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023
Aerospace Segment
Commercial Transport
 $ 249,829  $ 206,292  $ 128,399  $ 112,079 
Military Aircraft
 41,860  27,648  24,781  13,584 
General Aviation
 38,566  44,463  19,015  25,015 
Other
 10,326  15,576  4,748  7,704 
Aerospace Total 340,581  293,979  176,943  158,382 
Test Systems Segment
Government & Defense
 42,607  37,013  21,171  16,072 
Test Systems Total 42,607  37,013  21,171  16,072 
Total $ 383,188  $ 330,992  $ 198,114  $ 174,454 
The following table presents our revenue disaggregated by Product Lines as follows:
Six Months Ended Three Months Ended
(In thousands) June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023
Aerospace Segment
Electrical Power & Motion
 $ 173,452  $ 121,400  $ 90,328  $ 67,946 
Lighting & Safety
 88,241  78,471  46,454  41,918 
Avionics
 54,565  60,664  28,971  30,923 
Systems Certification
 7,812  13,297  3,364  7,620 
Structures
 6,185  4,571  3,078  2,271 
Other
 10,326  15,576  4,748  7,704 
Aerospace Total 340,581  293,979  176,943  158,382 
Test Systems 42,607  37,013  21,171  16,072 
Total $ 383,188  $ 330,992  $ 198,114  $ 174,454