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Revenue (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024 and 2023:

 

 

 

Quarter Ended March 31,

 

(In millions)

2024

 

 

2023

 

Consolidated Net Sales

$

472.3

 

$

457.7

 

Commercial Aerospace

 

299.3

 

 

 

284.5

 

Space & Defense

 

139.1

 

 

 

126.2

 

Industrial

 

33.9

 

 

 

47.0

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the three months ended March 31, 2024 was as follows:

 

(In millions)

Composite Material

 

Engineered Products

 

Total

 

Balance at December 31, 2023

$

8.3

 

 

$

16.8

 

 

$

25.1

 

Net revenue billed

 

1.6

 

 

 

4.4

 

 

 

6.0

 

Balance at March 31, 2024

$

9.9

 

$

21.2

 

$

31.1