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Revenue (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue By Market The following table details our revenue by market for the three months ended March 31, 2023 and 2022:

 

 

 

Quarter Ended March 31,

 

(In millions)

2023

 

 

2022

 

Consolidated Net Sales

$

457.7

 

$

390.6

 

Commercial Aerospace

 

284.5

 

 

 

218.9

 

Space & Defense

 

126.2

 

 

 

118.2

 

Industrial

 

47.0

 

 

 

53.5

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the three months ended March 31, 2023 was as follows:

 

(In millions)

Composite Material

 

Engineered Products

 

Total

 

Balance at December 31, 2022

$

9.1

 

$

22.9

 

$

32.0

 

Net revenue billed

 

(2.5

)

 

 

(0.9

)

 

 

(3.4

)

Balance at March 31, 2023

$

6.6

 

$

22.0

 

$

28.6