Subsequent Events

6 Months Ended

Jul. 31, 2011

Subsequent Events [Abstract]

Subsequent Events

12. Subsequent Events

On September 1, 2011, the Company acquired Lightning Technologies, Inc. (LTI), a provider of testing and engineering services located in Pittsfield, Massachusetts for $6,000,000 in cash plus an earn-out of up to an additional $1,000,000.   LTI is internationally recognized as a leading testing and engineering services laboratory, specializing in the field of lightning protection. LTI's customer base, capabilities and service offerings are concentrated in the aerospace, construction and wind power generation markets.  The acquisition expands the Company's non-defense industry businesses and particularly strengthens its aerospace business.  The initial accounting for the purchase price allocation is incomplete as of this filing.

Subsequent events have been evaluated up to and including the date these financial statements were issued.