| Inventories |
Inventories Inventories consist of the following at: | | | | | | | | | | | | | | | | | | April 30, 2026 | | July 31, 2025 | | Raw materials and components | | $ | 63,676,000 | | | 64,022,000 | | | Work-in-process and finished goods | | 23,368,000 | | | 31,356,000 | | | Total inventories | | 87,044,000 | | | 95,378,000 | | | Less reserve for excess and obsolete inventories | | 25,216,000 | | | 26,423,000 | | | Inventories, net | | $ | 61,828,000 | | | 68,955,000 | | | | | | | | | | | |
As of April 30, 2026 and July 31, 2025, the amount of inventory directly related to long-term contracts (including contracts-in-progress) was $3,469,000 and $2,612,000, respectively.
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