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Major Customers and Concentrations of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
Schedule of Concentration Risk by Major Customers Net revenues from our top ten customers, including The Boeing Company (“Boeing”), General Dynamics Corporation (“GD”), Lockheed Martin Corporation (“Lockheed”), Northrop Grumman Corporation (“Northrop”), RTX Corporation (“RTX”), Spirit AeroSystems Holdings, Inc. (“Spirit”), and Viasat, Inc. (“Viasat”), represented the following percentages of total net revenues:
Years Ended December 31,
202420232022
Boeing8.2 %8.2 %6.7 %
GD3.8 %3.8 %5.7 %
Lockheed5.3 %4.0 %3.5 %
Northrop6.4 %5.5 %5.7 %
RTX18.5 %16.8 %21.6 %
Spirit5.7 %6.4 %5.7 %
Viasat3.0 %5.5 %5.4 %
Top ten customers (1)
59.7 %58.7 %61.4 %
(1) Includes Boeing, GD, Lockheed, Northrop, RTX, Spirit, and Viasat.
Boeing, GD, Lockheed, Northrop, RTX, Spirit, and Viasat represented the following percentages of total accounts receivable:
December 31,
 20242023
Boeing8.0 %7.5 %
GD0.6 %3.3 %
Lockheed1.9 %1.3 %
Northrop2.7 %2.5 %
RTX15.6 %16.4 %
Spirit4.4 %4.2 %
Viasat3.1 %8.3 %