SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Operating segments

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
COMPLEX MACHINING
Net Sales	$	10,301,000		$	9,530,000		$	17,768,000		$	18,595,000
Gross Profit		2,564,000			2,229,000			4,422,000			4,318,000
Pre Tax Income		507,000			363,000			107,000			184,000
Assets		52,689,000			41,313,000			52,689,000			41,313,000
AEROSTRUCTURES & ELECTRONICS
Net Sales		6,041,000			6,277,000			11,201,000			12,059,000
Gross Profit		1,446,000			1,396,000			2,394,000			3,559,000
Pre Tax Income (Loss)		(167,000	)		(46,000	)		(939,000	)		724,000
Assets		19,268,000			18,989,000			19,268,000			18,989,000
TURBINE ENGINE COMPONENTS
Net Sales		3,021,000			3,250,000			5,578,000			5,214,000
Gross Profit		145,000			272,000			160,000			389,000
Pre Tax Loss		(738,000	)		(735,000	)		(1,652,000	)		(1,198,000	)
Assets		17,441,000			17,697,000			17,441,000			17,697,000
CORPORATE
Net Sales		-			-			-			-
Gross Profit		-			-			-			-
Pre Tax Income		20,000			-			20,000			-
Assets		653,000			580,000			653,000			580,000
CONSOLIDATED
Net Sales		19,363,000			19,057,000			34,547,000			35,868,000
Gross Profit		4,155,000			3,897,000			6,976,000			8,266,000
Pre Tax Loss		(378,000	)		(418,000	)		(2,464,000	)		(290,000	)
Benefit from (Provision for) Income             Taxes		126,000			(183,000	)		782,000			(207,000	)
Net Loss		(252,000	)		(601,000	)		(1,682,000	)		(497,000	)
Assets	$	90,051,000		$	78,579,000		$	90,051,000		$	78,579,000