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CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Financial Data for Reportable Operating Segments
 
 
Six months ended
June 30, 2025
 
 
 
Commercial
 
 
Defense
 
 
Peru
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
133,277
 
 
$
43,004
 
 
$
20,726
 
 
$
197,007
 
Cost of Revenues
 
 
95,933
 
 
 
30,094
 
 
 
10,655
 
 
 
136,682
 
Gross profit
 
 
37,344
 
 
 
12,910
 
 
 
10,071
 
 
 
60,325
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Research and development expenses, net
 
 
17,032
 
 
 
6,898
 
 
 
-
 
 
 
23,930
 
Selling and marketing expenses          
 
 
10,420
 
 
 
5,076
 
 
 
971
 
 
 
16,467
 
General and administrative expenses          
 
 
6,630
 
 
 
3,360
 
 
 
3,037
 
 
 
13,027
 
Other operating expenses (income), net
 
 
5,014
 
 
 
1,884
 
 
 
(2,934
)
 
 
3,964
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)          
 
 
(1,752
 
 
(4,308
)
 
 
8,997
 
 
 
2,937
 
Financial expenses, net          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2,186
Income before taxes on income          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
751
 
Taxes on income          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,083
 
Net income          
 
 
 
 
 
 
 
 
 
 
 
 
 
$
3,834
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization expenses
 
$
7,742
 
 
$
1,363
 
 
$
837
 
 
$
9,942
 
 
 
 
Six months ended
June 30, 2024
 
 
 
Commercial
 
 
Defense
 
 
Peru
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
84,593
 
 
$
37,404
 
 
$
30,712
 
 
$
152,709
 
Cost of Revenues
 
 
46,309
 
 
 
27,384
 
 
 
24,389
 
 
 
98,082
 
Gross profit
 
 
38,284
 
 
 
10,020
 
 
 
6,323
 
 
 
54,627
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Research and development expenses, net
 
 
15,067
 
 
 
3,480
 
 
 
-
 
 
 
18,547
 
Selling and marketing expenses
 
 
9,632
 
 
 
3,548
 
 
 
929
 
 
 
14,109
 
General and administrative expenses
 
 
3,954
 
 
 
6,795
 
 
 
3,765
 
 
 
14,514
 
Other operating expenses (income), net
 
 
1,587
 
 
 
(2,312
)
 
 
-
 
 
 
(725
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)
 
 
8,044
 
 
 
(1,491
)
 
 
1,629
 
 
 
8,182
 
Financial income, net          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
779
 
Income before taxes on income          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
8,961
 
Taxes on income          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2,695
)
Net income          
 
 
 
 
 
 
 
 
 
 
 
 
 
$
6,266
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization expenses
 
$
3,565
 
 
$
2,671
 
 
$
1,097
 
 
$
7,333
 
 
  *)
During the six months ended June 30, 2025 and June 30, 2024, the Company recognized revenues from construction performance obligations in the amount of $1,396 and $11,059, respectively, which are presented under Peru operating segment.
Schedule of Revenue by Geographic Area
   
Six months ended
 
   
June 30,
 
   
2025
   
2024
 
             
United States
 
$
135,936
   
$
61,672
 
Peru
   
20,726
     
30,740
 
Israel
   
1,524
     
8,000
 
Others
   
38,821
     
52,297
 
                 
   
$
197,007
    $
152,709
 
Schedule of Revenue from Major Customers

 

   
Six months ended
June 30,
 
   
2025
   
2024
 
             
Customer A - Commercial
   
46
%
   
*)
 
Customer B - Peru
   
*)
 
   
17
%
Customer C - Commercial
   
*)
 
   
13
%
 
*) Less than 10%