v3.25.3
Revenue (Tables)
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue By Market

The following table details our revenue by market for the quarters and nine months ended September 30, 2025 and 2024:

 

 

 

Quarters Ended September 30,

 

 

Nine Months Ended September 30,

 

(In millions)

2025

 

 

2024

 

2025

 

2024

 

Consolidated Net Sales

$

456.2

 

$

456.5

 

$

1,402.6

 

$

1,429.2

 

Commercial Aerospace

 

274.2

 

 

 

295.9

 

 

 

847.4

 

 

 

915.9

 

Defense, Space & Other

 

182.0

 

 

 

160.6

 

 

 

555.2

 

 

 

513.3

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the nine months ended September 30, 2025 was as follows:

 

(In millions)

Composite Material

 

Engineered Products

 

Total

 

Balance at December 31, 2024

$

9.1

 

 

$

20.7

 

 

$

29.8

 

Net revenue billed

 

0.4

 

 

 

5.5

 

 

 

5.9

 

Balance at March 31, 2025

 

9.5

 

 

26.2

 

 

35.7

 

Net revenue billed

 

1.7

 

 

 

3.3

 

 

5.0

 

Balance at June 30, 2025

$

11.2

 

$

29.5

 

$

40.7

 

Net revenue billed

 

 

1.8

 

 

 

(3.6

)

 

 

(1.8

)

Balance at September 30, 2025

$

13.0

 

$

25.9

 

$

38.9