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INVENTORIES (Table)
3 Months Ended
Mar. 31, 2016
Inventory, Net [Abstract]  
Schedule Of Inventory
The composition of inventories is as follows:
 
(In thousands)
 
March 31, 2016
 
December 31, 2015
Raw materials
$
206,484

 
$
196,684

Work-in-process
87,722

 
79,406

Finished goods and component parts
118,053

 
114,931

Inventoried costs related to long-term contracts
53,996

 
51,774

Gross inventories
466,255

 
442,795

Less:  Inventory reserves
(51,479
)
 
(48,904
)
Progress payments applied
(11,749
)
 
(14,300
)
Inventories, net
$
403,027

 
$
379,591