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Revenue (Tables)
6 Months Ended
Jun. 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 six months ended June 30, 2025 and 2024:

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

(In millions)

2025

 

 

2024

 

2025

 

2024

 

Consolidated Net Sales

$

489.9

 

$

500.4

 

$

946.4

 

$

972.7

 

Commercial Aerospace

 

293.1

 

 

 

320.7

 

 

 

573.2

 

 

 

620.0

 

Defense, Space & Other

 

196.8

 

 

 

179.7

 

 

 

373.2

 

 

 

352.7

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the six months ended June 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