INVENTORIES (Table)

6 Months Ended

Jun. 30, 2014

Inventory, Net [Abstract]

Schedule Of Inventory

The composition of inventories is as follows:

	(In thousands)
	June 30, 2014			December 31, 2013
Raw materials	$	228,405		$	231,219
Work-in-process	120,551			114,372
Finished goods and component parts	122,200			117,444
Inventoried costs related to long-term contracts	60,552			58,796
Gross inventories	531,708			521,831
Less:  Inventory reserves	(53,670		)	(54,400		)
Progress payments applied	(12,152		)	(15,344		)
Inventories, net	$	465,886		$	452,087