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REVENUE (Tables)
12 Months Ended
Dec. 31, 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:
(In thousands)Contract AssetsContract Liabilities
Beginning Balance, January 1, 2024
$46,321 $22,888 
Ending Balance, December 31, 2024
$54,171 $28,171 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands)202420232022
Aerospace Segment
Commercial Transport
$524,572 $432,199 $314,564 
Military Aircraft
88,019 61,617 54,534 
General Aviation
74,344 80,842 63,395 
Other
19,749 30,172 28,703 
Aerospace Total706,684 604,830 461,196 
Test Systems Segment
Government & Defense
88,742 84,376 73,698 
Test Systems Total88,742 84,376 73,698 
Total$795,426 $689,206 $534,894 
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands)202420232022
Aerospace Segment
Electrical Power & Motion
$359,043 $268,049 $187,446 
Lighting & Safety
179,403 157,434 124,347 
Avionics
120,183 113,117 97,234 
Systems Certification
17,003 26,255 17,222 
Structures
11,303 9,803 6,244 
Other
19,749 30,172 28,703 
Aerospace Total706,684 604,830 461,196 
Test Systems88,742 84,376 73,698 
Total$795,426 $689,206 $534,894