Balance Sheets (Unaudited) (USD $)	Sep. 30, 2014	Jun. 30, 2014
ASSETS:
Cash and cash equivalents	$ 9,872,162	$ 9,556,891
Investment securities	4,494,522	4,910,893
Trade accounts receivable, net	4,033,356	3,194,678
Income tax receivable	668,355	943,234
Inventories:
Raw materials	1,546,345	1,616,990
Work-in-process	829,496	792,618
Costs relating to contracts in process, net of advance payments of $19,626 at September 30, 2014 and $142,616 at June 30, 2014	8,250,068	8,201,642
Total inventories	10,625,909	10,611,250
Deferred income taxes	276,955	324,823
Prepaid expenses and other current assets	199,524	177,776
Total current assets	30,170,783	29,719,545
Property, plant and equipment, net	2,581,449	2,678,901
Total assets	32,752,232	32,398,446
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	1,469,710	727,281
Accrued expenses:
Salaries, wages and commissions	398,503	413,989
Vacation	540,174	693,286
ESOP payable	86,816
Other	154,006	579,953
Payroll and other taxes withheld and accrued	47,009	53,553
Total current liabilities	2,696,218	2,468,062
Deferred income taxes	255,752	283,439
Total liabilities	2,951,970	2,751,501
Common stock, par value $.33-1/3 per share. Authorized 10,000,000 shares; Issued 3,029,874 shares on September 30, 2014 and June 30, 2014. Outstanding 2,359,001 on September 30, 2014 and 2,368,110 on June 30, 2014 (includes 92,917 and 97,500 unearned ESOP shares on September 30, 2014 and June 30, 2014, respectively)	1,009,958	1,009,958
Capital in excess of par value	16,467,723	16,429,220
Accumulated other comprehensive income (loss)	(1,757)	(1,437)
Retained earnings	21,290,308	20,946,940
Total stockholders equity before ESOP	38,766,232	38,384,681
Less: Unearned ESOP shares	(1,408,872)	(1,408,872)
Treasury shares, cost of 670,873 and 661,764 shares on September 30, 2014 and June 30, 2014, respectively	(7,557,098)	(7,328,864)
Total stockholders' equity	29,800,262	29,646,945
Total liabilities and stockholders' equity	$ 32,752,232	$ 32,398,446