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Revenue (Tables)
3 Months Ended
Mar. 31, 2021
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, 2021 and 2020:

 

 

Quarter Ended March 31,

 

(In millions)

 

2021

 

 

2020

 

Consolidated Net Sales

 

$

310.3

 

 

$

541.0

 

Commercial Aerospace

 

 

147.6

 

 

 

362.9

 

Space & Defense

 

 

111.7

 

 

 

111.6

 

Industrial

 

 

51.0

 

 

 

66.5

 

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the three months ended March 31, 2021 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

Composite Material

 

 

Engineered Products

 

 

Total

 

Balance at December 31, 2020

 

$

7.8

 

 

$

35.3

 

 

$

43.1

 

Net revenue billed

 

 

1.6

 

 

 

(2.4

)

 

 

(0.8

)

Balance at March 31, 2021

 

$

9.4

 

 

$

32.9

 

 

$

42.3