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COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

6 Months Ended

Jun. 30, 2012

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS [Abstract]

Costs and estimated earnings in excess of billings on uncompleted contracts

Costs and estimated earnings in excess of billings on uncompleted contracts consist of:

		June 30, 2012
		U.S
		Government				Commercial				Total
Costs incurred on uncompleted Contracts		$	189,660,656			$	32,650,144			$	222,310,800
Estimated earnings			76,045,372				18,808,566				94,853,938
Sub-total			265,706,028				51,458,710				317,164,738
Less billings to date			194,687,800				33,759,272				228,447,072
Costs and estimated earnings in excess of billings on uncompleted contracts		$	71,018,228			$	17,699,438			$	88,717,666

		December 31, 2011
		U.S.
		Government				Commercial				Total
Costs incurred on uncompleted contracts		$	162,233,699			$	24,713,310			$	186,947,009
Estimated earnings			72,883,505				15,029,802				87,913,307
Sub-total			235,117,204				39,743,112				274,860,316
Less billings to date			171,694,325				24,155,629				195,849,954
Costs and estimated earnings in excess of billings on uncompleted contracts		$	63,422,879			$	15,587,483			$	79,010,362

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Tabular disclosure of costs and estimated earnings in excess of billings on uncompleted contracts.

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