REVENUE (Tables)

9 Months Ended

Dec. 31, 2020

Schedule of net sales on a disaggregated basis by market and contract type

The following table presents net sales on a disaggregated basis by market and contract type:

Net Sales by market	Defense		Industrial		Totals
Three months ended December 31, 2020	$	2,885,753	$	683,965	$	3,569,718
Three months ended December 31, 2019	$	3,200,671	$	466,605	$	3,667,276
Nine months ended December 31, 2020	$	9,314,846	$	2,251,330	$	11,566,176
Nine months ended December 31, 2019	$	9,725,635	$	1,349,985	$	11,075,620

Net Sales by contract type	Over-time		Point-in-time		Totals
Three months ended December 31, 2020	$	3,141,416	$	428,302	$	3,569,718
Three months ended December 31, 2019	$	3,439,367	$	227,909	$	3,667,276
Nine months ended December 31, 2020	$	9,251,284	$	2,314,892	$	11,566,176
Nine months ended December 31, 2019	$	9,104,395	$	1,971,225	$	11,075,620

Schedule of Contract Assets

At December 31, 2020 contract assets consisted of the following:

			Less: Progress
Contract assets	Unbilled		payments		Total
December 31, 2020	$	10,074,902	$	4,760,249	$	5,314,653
March 31, 2020	$	10,635,588	$	6,130,967	$	4,504,621

Sales [Member]

Schedule of revenues from customers who accounted for more than 10% of our net sales

	Three months ended				Three months ended				Nine months ended				Nine months ended
	December 31, 2020				December 31, 2019				December 31, 2020				December 31, 2019
Customer	Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent
A	$	398,011	11	%	$	404,062	11	%	$	2,106,998	18	%	$	1,790,311	16	%
B	$	530,583	15	%	$	*	*	%	$	1,871,256	16	%	$	*	*	%
C	$	609,114	17	%	$	1,215,737	33	%	$	1,679,814	15	%	$	2,320,485	21	%
D	$	682,337	19	%	$	727,084	20	%	$	1,631,010	14	%	$	1,825,213	16	%
E	$	550,096	15	%	$	*	*	%	$	*	*	%	$	*	*	%
F	$	*	*	%	$	*	*	%	$	*	*	%	$	1,136,146	10	%
G	$	*	*	%	$	*	*	%	$	*	*	%	$	1,148,242	10	%

*Less than 10% of total