CONCENTRATION OF RISK

6 Months Ended

Aug. 31, 2015

CONCENTRATION OF RISK [Abstract]

CONCENTRATION OF RISK

NOTE 10 - CONCENTRATION OF RISK

One customer of the Company's Satellite segment accounted for 11% and 15% of consolidated revenues for the three months ended August 31, 2015 and 2014, respectively, and accounted for 11% and 17% of consolidated revenues for the respective six-month periods then ended, This customer also accounted for 12% of consolidated accounts receivable at both August 31, 2015 and February 28, 2015.

Some of the Company's components, assemblies and electronic manufacturing services are purchased from sole source suppliers. In addition, a substantial portion of the Company's inventory is purchased from one supplier that functions as an independent foreign procurement agent and contract manufacturer. This supplier accounted for 56% and 60% of the Company's total inventory purchases in the six months ended August 31, 2015 and 2014, respectively. As of August 31, 2015, this supplier accounted for 56% of the Company's total accounts payable. Another supplier accounted for 16% of the Company's total inventory purchases in the six months ended August 31, 2015, and 18% of the Company's total accounts payable as of August 31, 2015.