Contracts in Progress (Tables)

9 Months Ended

Sep. 30, 2026

Revenue from Contract with Customer [Abstract]

Schedule of Cost and Billings on Uncompleted Construction Type Long Term Contracts or Programs

Costs and billings on uncompleted construction-type contracts consist of the following (in millions):


	September 30, 2026		December 31, 2025
Costs incurred on contracts (from inception to completion)	$	463.1	$	466.9
Estimated earnings	267.6		282.4
Contracts in progress	730.7		749.3
Less: billings to date	(665.3)		(680.2)
	$	65.4	$	69.1

Schedule of Costs in Excess of Billings and Billings in Excess of Costs on Uncompleted Contracts

The carrying amounts related to uncompleted construction-type contracts are included in the accompanying unaudited Condensed Consolidated Balance Sheets under the following captions (in millions):


	September 30, 2026		December 31, 2025
Costs and estimated earnings in excess of billings on uncompleted contracts – current	$	97.6	$	93.8
Costs and estimated earnings in excess of billings on uncompleted contracts – non-current (1)	20.0		21.5
Billings in excess of costs and estimated earnings on uncompleted contracts – current (2)	(51.2)		(43.7)
Billings in excess of costs and estimated earnings on uncompleted contracts – non-current (3)	(1.0)		(2.5)
	$	65.4	$	69.1

(1) Included in other assets within the unaudited Condensed Consolidated Balance Sheets.

(2) Included in deferred contract revenue – current within the unaudited Condensed Consolidated Balance Sheets.

(3) Included in other liabilities within the unaudited Condensed Consolidated Balance Sheets.