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INVENTORIES (Table) | 12 Months Ended
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Dec. 31, 2022
Inventory, Net [Abstract] |
Schedule Of Inventory [Text Block] | The composition of inventories as of December 31 is as follows:
(In thousands) |  | 2022 |  | 2021
Raw materials |  | $ | 242,116 |  |  | $ | 191,066 |
Work-in-process |  | 76,328 |  |  | 78,221 |
Finished goods |  | 128,090 |  |  | 98,944 |
Inventoried costs related to U.S. Government and other long-term contracts (1) |  | 39,685 |  |  | 48,619 |
Inventories, net of reserves |  | 486,219 |  |  | 416,850 |
Less: Progress payments applied |  | (3,106) |  |  | (5,283) |
Inventories, net |  | $ | 483,113 |  |  | $ | 411,567 |
(1) As of December 31, 2022, this caption also includes capitalized development costs of $16.8 million related to certain aerospace and defense programs. These capitalized costs will be liquidated as units are produced and sold under contract. As of December 31, 2022, capitalized development costs of $11.0 million are not currently supported by existing firm orders.

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