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Operating Segment, Geographic Information and Significant Customers (Tables) | 3 Months Ended
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Sep. 26, 2025
Segment Reporting [Abstract] |
Schedule of Geographic Distribution of Revenues and Revenue by Platform | The geographic distribution of the Company’s revenues as determined by country in which the Company's legal subsidiary is domiciled is summarized as follows:
|  | U.S. |  | Europe |  |  |  | Eliminations |  | Total
FIRST QUARTER ENDED SEPTEMBER 26, 2025 |  |  |  |  |  |  |  |  |  |
Net revenues to unaffiliated customers |  | $ | 211,998 |  |  | $ | 13,211 |  |  |  |  | $ | — |  |  | $ | 225,209 |
Inter-geographic revenues |  | 2,301 |  |  | 2,486 |  |  |  |  | (4,787) |  |  | — |
Net revenues |  | $ | 214,299 |  |  | $ | 15,697 |  |  |  |  | $ | (4,787) |  |  | $ | 225,209 |
FIRST QUARTER ENDED SEPTEMBER 27, 2024 |  |  |  |  |  |  |  |  |  |
Net revenues to unaffiliated customers |  | $ | 192,660 |  |  | $ | 11,771 |  |  |  |  | $ | — |  |  | $ | 204,431 |
Inter-geographic revenues |  | 2,055 |  |  | 2,819 |  |  |  |  | (4,874) |  |  | — |
Net revenues |  | $ | 194,715 |  |  | $ | 14,590 |  |  |  |  | $ | (4,874) |  |  | $ | 204,431 |
The geographic distribution of the Company’s identifiable long-lived assets is summarized as follows:
|  | U.S. |  | Europe |  |  |  |  |  | Total
September 26, 2025 |  | $ | 101,658 |  |  | $ | 976 |  |  |  |  |  |  | $ | 102,634 |
June 27, 2025 |  | $ | 100,484 |  |  | $ | 956 |  |  |  |  |  |  | $ | 101,440 |
Identifiable long-lived assets exclude right-of-use assets, goodwill, and intangible assets. The following table presents the Company's net revenue by end user for the periods presented:
|  | First Quarters Ended |  |
|  | September 26, 2025 |  | September 27, 2024 |  |  |  |
Domestic(1) |  | $ | 187,923 |  |  | $ | 161,194 |  |  |  |  |
International/Foreign Military Sales(2) |  | 37,286 |  |  | 43,237 |  |  |  |  |
Total Net Revenue |  | $ | 225,209 |  |  | $ | 204,431 |  |  |  |  |
(1) Domestic revenues consist of sales where the end user is within the U.S., as well as sales to prime defense contractor customers where the ultimate end user location is not defined. (2) International/Foreign Military Sales consist of sales to U.S. prime defense contractor customers where the end user is outside the U.S., foreign military sales through the U.S. government, and direct sales to non-U.S. based customers intended for end use outside of the U.S. The following table presents the Company's net revenue by end application for the periods presented:
|  | First Quarters Ended |  |
|  | September 26, 2025 |  | September 27, 2024 |  |  |  |
Radar(1) |  | $ | 30,190 |  |  | $ | 33,749 |  |  |  |  |
Electronic Warfare(2) |  | 20,999 |  |  | 26,346 |  |  |  |  |
Other Sensor & Effector(3) |  | 29,765 |  |  | 26,366 |  |  |  |  |
Total Sensor & Effector |  | 80,954 |  |  | 86,461 |  |  |  |  |
C4I(4) |  | 111,466 |  |  | 85,280 |  |  |  |  |
Other(5) |  | 32,789 |  |  | 32,690 |  |  |  |  |
Total Net Revenue |  | $ | 225,209 |  |  | $ | 204,431 |  |  |  |  |
(1) Radar includes end-use applications where radio frequency signals are utilized to detect, track and identify objects. (2) Electronic Warfare includes end-use applications comprising the offensive and defensive use of the electromagnetic spectrum. (3) Other Sensor and Effector products include all Sensor and Effector end markets other than Radar and Electronic Warfare. (4) C4I includes rugged secure rackmount servers that are designed to drive the most powerful military processing applications. (5) Other products include all component and other sales where the end use is not specified. The following table presents the Company's net revenue by product grouping for the periods presented:
|  | First Quarters Ended |  |
|  | September 26, 2025 |  | September 27, 2024 |  |  |  |
Components(1) |  | $ | 45,499 |  |  | $ | 44,864 |  |  |  |  |
Modules and Sub-assemblies(2) |  | 66,196 |  |  | 45,822 |  |  |  |  |
Integrated Solutions(3) |  | 113,514 |  |  | 113,745 |  |  |  |  |
Total Net Revenue |  | $ | 225,209 |  |  | $ | 204,431 |  |  |  |  |
(1) Components represent the basic building blocks of an electronic system. They generally perform a single function such as switching, storing or converting electronic signals. Some examples include power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, MMICs (monolithic microwave integrated circuits) and memory and storage devices. (2) Modules and sub-assemblies combine multiple components to serve a range of complex functions, including processing, networking and graphics display. Typically delivered as computer boards or other packaging, modules and sub-assemblies are usually designed using open standards to provide interoperability when integrated in a subsystem. Examples of modules and sub-assemblies include embedded processing boards, switched fabrics and boards for high-speed input/output, digital receivers, graphics and video, along with multi-chip modules, integrated radio frequency and microwave multi-function assemblies and radio frequency tuners and transceivers. (3) Integrated solutions bring components, modules and/or sub-assemblies into one system, enabled with software. Subsystems are typically, but not always, integrated within an open standards-based chassis and often feature interconnect technologies to enable communication between disparate systems. Spares and replacement modules and sub-assemblies are provided for use with subsystems sold by the Company. The Company’s subsystems are deployed in sensor processing, aviation and mission computing and C4I applications. The following table presents the Company's net revenue by platform for the periods presented:
|  | First Quarters Ended |  |
|  | September 26, 2025 |  | September 27, 2024 |  |  |  |
Airborne(1) |  | $ | 94,688 |  |  | $ | 90,490 |  |  |  |  |
Land(2) |  | 42,883 |  |  | 34,314 |  |  |  |  |
Naval(3) |  | 19,639 |  |  | 20,653 |  |  |  |  |
Space(4) |  | 18,475 |  |  | 15,359 |  |  |  |  |
Other(5) |  | 49,524 |  |  | 43,615 |  |  |  |  |
Total Net Revenues |  | $ | 225,209 |  |  | $ | 204,431 |  |  |  |  |
(1) Airborne platform includes products that relate to personnel, equipment or pieces of equipment designed for airborne applications. (2) Land platform includes products that relate to fixed or mobile equipment, or pieces of equipment for personnel, weapon systems, vehicles and support elements operating on land. (3) Naval platform includes products that relate to personnel, equipment or pieces of equipment designed for naval operations. (4) Space platform includes products that relate to personnel, equipment or pieces of equipment designed for space operations. (5) All platforms other than Airborne, Land, Naval, or Space.
Schedule of Revenue by Major Customers | Customers comprising 10% or more of the Company’s revenues for the periods shown are as follows:
|  | First Quarters Ended |  |  |  |
|  | September 26, 2025 |  | September 27, 2024 |  |  |  |  |  |  |  |
Lockheed Martin Corporation |  | 13 | % |  | 11 | % |  |  |  |  |  |  |  |
RTX Corporation |  | 10 | % |  | * |  |  |  |  |  |  |  |
Northrop Grumman |  | 10 | % |  | * |  |  |  |  |  |  |  |
L3Harris |  | * |  | 12 | % |  |  |  |  |  |  |  |
|  | 33 | % |  | 23 | % |  |  |  |  |  |  |  |
* Indicates that the amount is less than 10% of the Company's revenue for the respective period.

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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