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Revenues (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues by Customer Grouping | The table below presents revenues by customer grouping for the following periods:
|  |  | Year Ended |  |  |
|  |  |  |  | December 31, 2024 |  | December 31, 2023 |  |  |
Civil space |  |  |  |  | $ | 88,814 |  |  | $ | 102,594 |  |  |  |
National security |  |  |  |  | 76,831 |  |  | 59,053 |  |  |  |
Commercial and other |  |  |  |  | 138,456 |  |  | 82,153 |  |  |  |
Total revenues |  |  |  |  | $ | 304,101 |  |  | $ | 243,800 |  |  |  |
The table below presents revenues based on the geographic location of the Company’s customers for the following periods:
|  |  | Year Ended |  |  |
|  |  |  |  | December 31, 2024 |  | December 31, 2023 |  |  |
U.S. |  |  |  |  | $ | 150,131 |  |  | $ | 172,903 |  |  |  |
Europe |  |  |  |  | 153,759 |  |  | 70,814 |  |  |  |
Other |  |  |  |  | 211 |  |  | 83 |  |  |  |
Total revenues |  |  |  |  | $ | 304,101 |  |  | $ | 243,800 |  |  |  |
Customers comprising 10% or more of revenues are presented below for the following periods:
|  |  | Year Ended |  |  |
|  |  |  |  | December 31, 2024 |  | December 31, 2023 |  |  |
Customer A(1) |  |  |  |  | $ | 31,055 |  |  | $ | 39,314 |  |  |  |
Customer B(1) |  |  |  |  | — |  |  | 33,621 |  |  |  |
Customer D(1) |  |  |  |  | 107,605 |  |  | — |  |  |  |
(1) While revenue may have been generated during each of the periods presented, amounts are only disclosed for the periods in which revenues represented 10% or more of total revenue.
Schedule of Contract Assets and Contract Liabilities | The table below presents the contract assets and contract liabilities included on the consolidated balance sheets for the following periods:
| December 31, 2024 |  | December 31, 2023
Contract assets | $ | 43,044 |  |  | $ | 36,961 |
Contract liabilities | $ | 67,201 |  |  | $ | 52,645 |
Schedule of EAC Adjustments | The below table summarizes the favorable (unfavorable) impact of the net EAC adjustments for the following periods:
|  |  | Year Ended
|  |  |  |  | December 31, 2024 |  | December 31, 2023
Net EAC adjustments, before income taxes |  |  |  |  | $ | (17,696) |  |  | $ | (3,522) |
Net EAC adjustments, net of income taxes |  |  |  |  | (17,395) |  |  | (3,459) |
Net EAC adjustments, net of income taxes, per diluted share |  |  |  |  | (0.26) |  |  | (0.05) |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of the change in an accounting estimate, including a change that occurs in an interim period. If a change in accounting estimate affects several future periods (for example, a change in the service life of a depreciable asset) disclose the effect on income from continuing operations, net income (or other appropriate captions of changes in the applicable net assets or performance indicator), and any related per-share amounts of the current period. Disclosure of the effects of a change in an accounting estimate that occurs in the ordinary course of business (such as uncollectible accounts or inventory obsolescence) is not required, unless the effect is material. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482989/270-10-45-14 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4 + Details
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