Quarterly report [Sections 13 or 15(d)]

Revenue (Tables)

v3.25.2
Revenue (Tables)
 6 Months Ended
Jun. 28, 2025
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:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2025
 $ 54,171  $ 28,171 
Ending Balance, June 28, 2025
 $ 50,213  $ 27,823 
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 28, 2025 June 29, 2024 June 28, 2025 June 29, 2024
Aerospace Segment
Commercial Transport
 $ 283,115  $ 249,829  $ 145,573  $ 128,399 
Military Aircraft
 60,696  41,860  27,433  24,781 
General Aviation
 33,613  38,566  18,370  19,015 
Other
 7,577  10,326  2,250  4,748 
Aerospace Total 385,001  340,581  193,626  176,943 
Test Systems Segment
Government & Defense
 25,613  42,607  11,052  21,171 
Test Systems Total 25,613  42,607  11,052  21,171 
Total $ 410,614  $ 383,188  $ 204,678  $ 198,114 
The following table presents our revenue disaggregated by Product Lines as follows:
Six Months Ended Three Months Ended
(In thousands) June 28, 2025 June 29, 2024 June 28, 2025 June 29, 2024
Aerospace Segment
Electrical Power & Motion
 $ 195,246  $ 173,452  $ 95,166  $ 90,328 
Lighting & Safety
 102,670  88,241  52,999  46,454 
Avionics
 65,284  54,565  37,050  28,971 
Systems Certification
 7,904  7,812  2,836  3,364 
Structures
 6,320  6,185  3,325  3,078 
Other
 7,577  10,326  2,250  4,748 
Aerospace Total 385,001  340,581  193,626  176,943 
Test Systems 25,613  42,607  11,052  21,171 
Total $ 410,614  $ 383,188  $ 204,678  $ 198,114