Contracts In Process

3 Months Ended

Jun. 30, 2013

Contracts In Process [Abstract]

Contracts In Process

(5)  At June 30, 2013 and March 31, 2013, the estimated period to complete contracts in process ranged from one to nineteen months and one to twenty-one months, respectively.  We expect to collect all related accounts receivable arising therefrom within sixty days of billing. The following summarizes contracts in process:

	June 30, 2013		March 31, 2013
Costs incurred on uncompleted contracts	$	1,018,979		838,246
Estimated earnings		595,816		515,299
		1,614,795		1,353,545
Less billings to date		(1,456,769)		(1,175,281)
	$	158,026		178,264
Included in the accompanying consolidated condensed balance sheets as follows:
Costs and estimated earnings in excess of billings on
uncompleted contracts	$	158,026		178,264