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Segments (Tables)
9 Months Ended
Jun. 28, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Sales And Operating Profit By Segment And Reconciliation Of Segment Operating Profit To Earnings Before Income Taxes
Disaggregation of net sales by segment for the three and nine months ended June 28, 2025 and June 29, 2024 are as follows:
Three Months EndedNine Months Ended
Market TypeJune 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Net sales:
Space$118,664 $108,965 $348,869 $322,272 
Defense169,041 149,444 456,804 433,052 
Space and Defense287,705 258,409 805,673 755,324 
Original Equipment Manufacturers177,110 160,691 508,483 455,673 
Aftermarket47,552 46,486 143,448 140,248 
Military Aircraft224,662 207,177 651,931 595,921 
Original Equipment Manufacturers133,604 132,374 410,329 402,357 
Aftermarket85,832 56,991 246,411 188,824 
Commercial Aircraft219,436 189,365 656,740 591,181 
Energy34,481 37,168 101,699 104,442 
Industrial Automation106,168 109,100 297,345 341,474 
Simulation and Test36,289 40,019 106,598 115,577 
Medical62,622 63,497 196,532 187,969 
Industrial239,560 249,784 702,174 749,462 
Net sales$971,363 $904,735 $2,816,518 $2,691,888 
Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense, non-service pension expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, manpower or profit. Operating profit by segment and reconciliations for the three and nine months ended June 28, 2025 and June 29, 2024 are as follows:
Three Months EndedNine Months Ended
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Operating profit:
Space and Defense$38,261 $32,635 $99,581 $100,175 
Military Aircraft17,994 23,965 64,632 60,323 
Commercial Aircraft32,623 24,367 82,418 69,838 
Industrial22,989 24,413 75,700 81,592 
Total operating profit111,867 105,380 322,331 311,928 
Deductions from operating profit:
Interest expense17,790 18,153 54,340 52,850 
Equity-based compensation expense4,649 4,089 12,669 11,301 
Non-service pension expense1,970 3,188 5,855 9,566 
Corporate and other expenses, net9,476 9,045 29,327 25,946 
Earnings before income taxes$77,982 $70,905 $220,140 $212,265 
Sales by Major Customer Type
Three Months EndedNine Months Ended
Customer TypeJune 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Net sales:
Commercial$92,046 $49,916 $183,155 $129,253 
U.S. Government (including OEM)164,443 178,636 538,987 553,261 
Other31,216 29,857 83,531 72,810 
Space and Defense287,705 258,409 805,673 755,324 
U.S. Government (including OEM)165,083 148,928 484,924 424,539 
Other59,579 58,249 167,007 171,382 
Military Aircraft
224,662 207,177 651,931 595,921 
Commercial208,561 179,384 627,020 564,612 
Other10,875 9,981 29,720 26,569 
Commercial Aircraft
219,436 189,365 656,740 591,181 
Commercial229,089 244,834 685,016 737,028 
U.S. Government (including OEM)2,308 3,226 5,005 8,150 
Other8,163 1,724 12,153 4,284 
Industrial239,560 249,784 702,174 749,462 
Commercial529,696 474,134 1,495,191 1,430,893 
U.S. Government (including OEM)331,834 330,790 1,028,916 985,950 
Other109,833 99,811 292,411 275,045 
Net sales$971,363 $904,735 $2,816,518 $2,691,888 
Revenue Recognition Method
Three Months EndedNine Months Ended
Revenue Recognition MethodJune 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Net sales:
Over-time$254,222 $226,405 $720,254 $679,231 
Point in time33,483 32,004 85,419 76,093 
Space and Defense287,705 258,409 805,673 755,324 
Over-time184,720 168,248 542,353 482,163 
Point in time39,942 38,929 109,578 113,758 
Military Aircraft224,662 207,177 651,931 595,921 
Over-time142,789 149,220 458,863 449,230 
Point in time76,647 40,145 197,877 141,951 
Commercial Aircraft219,436 189,365 656,740 591,181 
Over-time27,440 40,894 82,680 107,405 
Point in time212,120 208,890 619,494 642,057 
Industrial239,560 249,784 702,174 749,462 
Over-time609,171 584,767 1,804,150 1,718,029 
Point in time362,192 319,968 1,012,368 973,859 
Net sales$971,363 $904,735 $2,816,518 $2,691,888