SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting Tables

Operating segments

		Three Months Ended March 31,
		2015			2014
		(unaudited)			(unaudited)
COMPLEX MACHINING
	Net Sales	$	9,064,000		$	12,140,000
	Gross Profit		2,091,000			3,207,000
	Pre Tax Income (Loss)		(180,000)			1,279,000
	Assets		62,554,000			35,972,000
AEROSTRUCTURES AND ELECTRONICS
	Net Sales		5,782,000			3,313,000
	Gross Profit		2,162,000			838,000
	Pre Tax Income (Loss)		770,000			(354,000)
	Assets		18,049,000			12,547,000
TURBINE ENGINE COMPONENTS
	Net Sales		1,965,000			-
	Gross Profit		116,000			-
	Pre Tax Income (Loss)		(462,000)			-
	Assets		17,791,000			-
CORPORATE
	Net Sales		-			-
	Gross Profit		-			-
	Pre Tax Income (Loss)		-			-
	Assets		26,430,000			8,156,000
CONSOLIDATED
	Net Sales		16,811,000			15,453,000
	Gross Profit		4,369,000			4,045,000
	Pre Tax Income		128,000			925,000
	Provision for Taxes		24,000			584,000
	Net Income		104,000			341,000
	Elimination of Assets		(47,011,000	)		(2,121,000	)
	Assets	$	77,813,000		$	54,554,000