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Business and Credit Concentrations
 12 Months Ended
Dec. 31, 2012
Risks and Uncertainties [Abstract]  
Business and Credit Concentrations
Business and Credit Concentrations
Significant portions of the Company’s net sales are as follows:
 
Year Ended
December 31,
 
 
2012
 
2011
 
2010
Net sales to foreign customers outside the U.S. and Canada
40
%
 
29
%
 
32
%
Net sales to SANG
11
%
 
*

 
*

Net sales to General Dynamics Land Systems-Canada
*

 
11
%
 
*

Net sales to Kongsberg Defence & Aerospace AS (Kongsberg)
*

 
*

 
14
%

 
*
Represents less than 10% of net sales.
The terms and conditions of sales to SANG, General Dynamics and Kongsberg are consistent with the Company’s standard terms and conditions of product sales as discussed in note 1 of the Company’s consolidated financial statements. All receivable balances outstanding for these customers as of December 31, 2012 were paid as of the date of this report. No other individual customer accounted for more than 10% of the Company’s net sales for the years ended December 31, 2012, 2011, and 2010, respectively.