Balance Sheets (USD $)	Jun. 30, 2013	Jun. 30, 2012
ASSETS
Cash and cash equivalents	$ 9,888,628	$ 11,523,424
Investment securities	3,892,968	3,184,711
Trade accounts receivable, net	7,204,226	3,217,875
Inventories:
Raw materials	1,607,112	1,364,019
Work-in-process	607,165	801,092
Costs relating to contracts in process, net of progress payments of $146,916 in 2013 and $511,502 in 2012	9,159,493	9,480,595
Total inventories	11,373,770	11,645,706
Deferred tax asset	419,093	422,998
Prepaid expenses and other current assets	315,736	200,322
Total current assets	33,094,421	30,195,036
Property, plant and equipment, net	2,421,332	2,523,196
Loan receivable	25,194	67,371
Total assets	35,540,947	32,785,603
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	1,273,142	1,309,037
Accrued expenses:
Salaries, wages and commissions	370,554	417,677
Vacation	748,040	707,760
Other	629,878	442,695
Payroll and other taxes withheld and accrued	50,891	44,886
Income taxes payable	430,463	73,596
Total current liabilities	3,502,968	2,995,651
Deferred tax liability	195,385	222,504
Total liabilities	3,698,353	3,218,155
Common stock, par value $.33-1/3 per share. Authorized 10,000,000 shares; Issued 3,029,874 shares in 2013 and 2012. Outstanding 2,343,690 and 2,320,822 in 2013 and 2012, respectively (includes 116,666 and 136,666 Unearned ESOP Shares)	1,009,958	1,009,958
Capital in excess of par value	15,780,009	15,093,512
Accumulated other comprehensive income/loss	412	1,477
Retained earnings	24,260,121	23,053,762
[TotalStockholdersEquityBeforyEsopAndTreasuryStock]	41,050,500	39,158,709
Less: Unearned ESOP shares	(1,685,827)	(1,974,829)
Cost of 685,184 and 709,052 shares of common stock in treasury in 2013 and 2012, respectively	(7,522,079)	(7,616,432)
Total stockholders' equity	31,842,594	29,567,448
Total liabilities and stockholders' equity	$ 35,540,947	$ 32,785,603