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Revenue (Tables)
9 Months Ended
Sep. 28, 2024
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 during the nine months ended September 28, 2024:
(In thousands)Contract AssetsContract Liabilities
Beginning Balance, January 1, 2024
$46,321 $22,888 
Ending Balance, September 28, 2024
$57,489 $20,210 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as follows:
Nine Months EndedThree Months Ended
(In thousands)September 28, 2024September 30, 2023September 28, 2024September 30, 2023
Aerospace Segment
Commercial Transport
$383,679 $308,016 $133,850 $101,724 
Military Aircraft
63,545 44,335 21,685 16,687 
General Aviation
56,643 60,656 18,077 16,193 
Other
14,268 23,076 3,942 7,500 
Aerospace Total518,135 436,083 177,554 142,104 
Test Systems Segment
Government & Defense
68,751 57,831 26,144 20,818 
Test Systems Total68,751 57,831 26,144 20,818 
Total$586,886 $493,914 $203,698 $162,922 
The following table presents our revenue disaggregated by Product Lines as follows:
Nine Months EndedThree Months Ended
(In thousands)September 28, 2024September 30, 2023September 28, 2024September 30, 2023
Aerospace Segment
Electrical Power & Motion
$263,919 $185,712 $90,467 $64,312 
Lighting & Safety
135,162 116,967 46,921 38,496 
Avionics
83,716 83,011 29,151 22,347 
Systems Certification
12,272 19,832 4,460 6,535 
Structures
8,798 7,485 2,613 2,914 
Other
14,268 23,076 3,942 7,500 
Aerospace Total518,135 436,083 177,554 142,104 
Test Systems68,751 57,831 26,144 20,818 
Total$586,886 $493,914 $203,698 $162,922