INVENTORIES (Table)

3 Months Ended

Mar. 31, 2015

Inventory, Net [Abstract]

Schedule Of Inventory

The composition of inventories is as follows:

	(In thousands)
	March 31, 2015			December 31, 2014
Raw materials	$	208,380		$	201,998
Work-in-process	85,119			89,423
Finished goods and component parts	107,670			103,831
Inventoried costs related to long-term contracts	54,707			59,070
Gross inventories	455,876			454,322
Less:  Inventory reserves	(51,180		)	(51,435		)
Progress payments applied	(14,508		)	(14,217		)
Inventories, net	$	390,188		$	388,670