INVENTORIES, NET (Tables)

9 Months Ended

Sep. 30, 2012

Inventories, Net

	September 30, 2012			December 31, 2011
Finished goods	$	54.2		$	61.9
Work in process		63.3			49.1
Raw materials		125.0			124.7
Total product inventory		242.5			235.7
Inventoried costs related to long-term contracts		79.7			65.4
Less – progress payments		(53.5	)		(47.2	)
Inventoried costs related to long-term contracts, net		26.2			18.2
Inventories, net	$	268.7		$	253.9