Segment Information (Tables)

9 Months Ended

Sep. 27, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Segment information and reconciliations to consolidated amounts are as follows:

	Nine Months Ended						Three Months Ended
(In thousands)	September 27, 2025			September 28, 2024			September 27, 2025			September 28, 2024
Sales:
Aerospace	$	577,760		$	518,187		$	192,725		$	177,564
Less Inter-segment Sales	(34)			(52)			—			(10)
Total Aerospace Sales	577,726			518,135			192,725			177,554
Test Systems	44,685			68,790			18,752			26,183
Less Inter-segment Sales	(350)			(39)			(30)			(39)
Total Test Systems Sales	44,335			68,751			18,722			26,144
Total Consolidated Sales	622,061			586,886			211,447			203,698
Less1
Cost of Products Sold:
Aerospace	403,890			369,918			132,263			127,737
	69.9		%	71.4		%	68.6		%	71.9		%
Test Systems	39,984			58,662			14,673			20,737
	90.2		%	85.3		%	78.4		%	79.3		%
Other Segment Items2
Aerospace	102,366			102,589			29,295			35,566
Test Systems	13,298			18,517			4,063			5,420
Operating Profit (Loss) and Margins:
Aerospace	71,470			45,628			31,167			14,251
	12.4		%	8.8		%	16.2		%	8.0		%
Test Systems	(8,947)			(8,428)			(14)			(13)
	(20.2)		%	(12.3)		%	(0.1)		%	—		%
Total Operating Profit	62,523			37,200			31,153			14,238
	10.1		%	6.3		%	14.7		%	7.0		%
Deductions from Segment Measure of Operating Profit:
Loss on Settlement of Debt	32,644			6,987			32,644			6,987
Interest Expense, Net of Interest Income	9,167			17,832			2,920			6,217
Corporate Expenses and Other	21,011			20,824			7,913			6,207
Loss Before Income Taxes	$	(299)		$	(8,443)		$	(12,324)		$	(5,173)

1 The significant expenses and amounts presented align with the segment-level information that is regularly provided to the CODM. Inter-segment expenses are included within the amounts shown.

2 Other segment items include Selling, General and Administrative Expenses, Research and Development Expenses, and sublease and rental income.

(In thousands)	September 27, 2025		December 31, 2024
Total Assets:
Aerospace	$	544,463	$	498,528
Test Systems	112,844		128,828
Corporate	24,886		21,408
Total Assets	$	682,193	$	648,764

	Nine Months Ended				Three Months Ended
(In thousands)	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Depreciation and Amortization:
Aerospace	$	13,656	$	14,766	$	4,701	$	4,800
Test Systems	2,442		3,638		452		1,185
Corporate	31		168		10		56
Total Depreciation and Amortization	$	16,129	$	18,572	$	5,163	$	6,041
Capital Expenditures:
Aerospace	$	19,337	$	4,408	$	12,812	$	1,609
Test Systems	523		820		338		235
Corporate	—		16		—		6
Total Capital Expenditures	$	19,860	$	5,244	$	13,150	$	1,850