Restructuring

12 Months Ended

Sep. 27, 2025

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

In 2024, we initiated restructuring actions in relation to portfolio shaping activities. These actions have and will result in workforce reductions, principally in the U.S.and Europe. Total restructuring charges in 2024 include $11,096 for severance, $8,275 of non-cash charges related to intangibles, receivables, ROU assets and property and equipment written off and $4,417 for other costs.

In 2023, we initiated restructuring actions in relation to portfolio shaping activities. These actions have and will result in workforce reductions, principally in the U.S. and Europe. The 2023 restructuring charge consists of $6,905 for severance and $1,092 for facility closure and other costs. The 2023 plan has elements, primarily retention agreements, that will continue through 2027 and could result in additional costs of up to approximately $3,400.

Restructuring activity for severance and other costs by segment and reconciliation to consolidated amounts is as follows:

	Space and Defense		Military Aircraft		Commercial Aircraft		Industrial		Total
Balance at October 1, 2022	$	228	$	229	$	—	$	6,678	$	7,135
Charged to expense - 2023 plan	2,308		458		—		5,808		8,574
Adjustments to provision	(37)		(15)		—		(525)		(577)
Cash payments - 2023 plan	(678)		(95)		—		(1,450)		(2,223)
Cash payments - 2022 plan	(190)		(229)		—		(1885)		(2,304)
Cash payments - 2020 plan	—		—		—		(372)		(372)
Cash payments - 2018 plan	—		—		—		(359)		(359)
Foreign currency translation	(9)		(1)		—		313		303
Balance at October 1, 2023	1,622		347		—		8,208		10,177
Charged to expense - 2024 plan	6,307		3,973		1,237		10,282		21,799
Charged to expense - 2023 plan	—		—		—		3,766		3,766
Non-cash charges - 2024 plan	(4,907)		(733)		—		(2,635)		(8,275)
Adjustments to provision	(178)		(139)		—		(1,638)		(1,955)
Cash payments - 2024 plan	—		(2,616)		(477)		(3,740)		(6,833)
Cash payments - 2023 plan	(1444)		(208)		—		(4,014)		(5,666)
Cash payments - 2022 plan	—		—		—		(464)		(464)
Cash payments - 2020 plan	—		—		—		(485)		(485)
Cash payments - 2018 plan	—		—		—		(399)		(399)
Foreign currency translation	—		—		—		513		513
Balance at September 28, 2024	1,400		624		760		9,394		12,178
Charged to expense - 2024 plan	2,046		—		—		5,997		8,043
Charged to expense - 2023 plan	—		—		—		1,972		1,972
Non-cash charges - 2024 plan	(448)		—		—		(732)		(1,180)
Adjustments to provision	—		—		—		(697)		(697)
Cash payments - 2024 plan	(871)		(624)		(760)		(7,953)		(10,208)
Cash payments - 2023 plan	—		—		—		(1,277)		(1,277)
Cash payments - 2022 plan	—		—		—		(32)		(32)
Cash payments - 2020 plan	—		—		—		(170)		(170)
Cash payments - 2018 plan	—		—		—		(400)		(400)
Foreign currency translation	171		—		—		429		600
Balance at September 27, 2025	$	2,298	$	—	$	—	$	6,531	$	8,829

As of September 27, 2025, the restructuring accrual consists $3,240 for the 2024 plan, $4,903 for the 2023 plan, $192 for the 2022 plan, $20 for the 2020 plan and $474 for the 2018 plan. Restructuring is expected to be paid within a year, except portions classified as long-term liabilities based on the nature of the reserve and the timing of the expected payments.