COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Sep. 30, 2013

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

	September 30, 2013

	U.S
	Government	Commercial	Total


Costs incurred on uncompleted
contracts	$248,918,412	$57,053,894	$305,972,306
Estimated earnings	92,166,984	28,574,805	120,741,789

Sub-total	341,085,396	85,628,699	426,714,095
Less billings to date	257,362,913	58,054,542	315,417,455

Costs and estimated earnings
in excess of billings on
uncompleted contracts	$83,722,483	$27,574,157	$111,296,640

	December 31, 2012
	U.S.
	Government	Commercial	Total

Costs incurred on uncompleted
contracts	$214,888,101	$42,636,753	$257,524,854
Estimated earnings	85,320,636	23,782,285	109,102,921

Sub-total	300,208,737	66,419,038	366,627,775
Less billings to date	215,743,090	42,631,694	258,374,784

Costs and estimated earnings
in excress of billings on
uncompleted contracts	$84,465,647	$23,787,344	$108,252,991

The above amounts are included in the accompanying balance sheets under the following captions at September 30, 2013 and December 31, 2012:

	September 30, 2013	December 31, 2012

Costs and estimated earnings in excess of billings on
uncompleted contracts	$ 111,766,149	$ 108,909,844
Billings in excess of costs and estimated earnings on
uncompleted contracts	(469,509)	(656,853)


Totals	$ 111,296,640	$ 108,252,991