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Major Customers and Concentrations of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
Schedule of Concentration Risk by Major Customers Net revenues from our top ten customers, including The Boeing Company (“Boeing”), Lockheed Martin Corporation (“Lockheed”), Northrop Grumman Corporation (“Northrop”), RTX Corporation (f/k/a Raytheon Technologies Corporation) (“RTX”), and Viasat, Inc. (“Viasat”), represented the following percentages of total net revenues:
Years Ended December 31,
202520242023
Boeing (1)
13.3 %13.9 %14.6 %
Lockheed4.2 %5.3 %4.0 %
Northrop5.8 %6.4 %5.5 %
RTX (2)
17.9 %16.4 %14.2 %
Viasat4.0 %3.0 %5.5 %
Top ten customers (3)
60.7 %60.1 %58.7 %
(1) Boeing completed its acquisition of all of Spirit Aerosystems Holdings, Inc.’s Boeing-related commercial operations, based on Boeing’s announcement on December 8, 2025.
(2) TransDigm Group Inc. (“TransDigm”) completed its acquisition of the Simmonds Precision Products, Inc. business of Goodrich Corporation from RTX, based on TransDigm’s announcement on October 6, 2025.
(3) Includes Boeing, Lockheed, Northrop, RTX, and Viasat.
Boeing, Lockheed, Northrop, RTX, and Viasat represented the following percentages of total accounts receivable:
December 31,
 20252024
Boeing7.3 %12.4 %
Lockheed1.5 %1.9 %
Northrop13.3 %2.7 %
RTX14.7 %14.7 %
Viasat5.0 %3.1 %