8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 13, 2010  

Technical Communications Corporation
(Exact name of registrant as specified in its charter)

Massachusetts	0-8588	04-2295040
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

100 Domino Drive, Concord, MA	01742
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (978) 287-5100

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
	[    ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[    ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[    ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[    ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

        On December 13, 2010, Technical Communications Corporation announced its financial results for the fiscal year ended September 25, 2010. A copy of the press release dated December 13, 2010 describing such results is attached as Exhibit 99.1 to this report and incorporated herein.

Item 8.01. Other Events.

        On December 9, 2010, the Board of Directors declared a dividend of $0.10 per share of common stock payable on December 27, 2010 in cash to all shareholders of record on December 20, 2010. A copy of the press release dated December 13, 2010 describing such dividend declaration is attached as Exhibit 99.1 to this report and incorporated herein.

Item 9.01. Financial Statements and Exhibits.

a.    Financial statements of businesses acquired.    Not applicable.

b.    Pro forma financial information.     Not applicable.

c.    Shell company transactions.     Not applicable

d.    Exhibits. The following exhibit is furnished pursuant to Item 2.02 hereof, and the information contained in this report and such exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly stated therein.

Exhibit No.	Title
99.1	Press Release dated December 13, 2010

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Technical Communications Corporation (Registrant)
December 13, 2010 (Date)	/s/   CARL H. GUILD, JR. Carl H. Guild, Jr. President and Chief Executive Officer

Exhibit Index
99.1	Press release dated December 13, 2010

EX-99.1

EXHIBIT 99.1

Technical Communications Corporation Reports Results for the Fiscal Year Ended September 25, 2010 and Announces a Dividend of $0.10 Per Share

CONCORD, Mass., Dec. 13, 2010 (GLOBE NEWSWIRE) -- Technical Communications Corporation (Nasdaq:TCCO) today announced its results for the fiscal quarter and year ended September 25, 2010. For the year ended September 25, 2010, the Company reported net income of $7,868,000, or $4.68 per share, on revenue of $21,551,000, as compared to net income of $943,000, or $0.65 per share, on revenue of $7,752,000 for the year ended September 26, 2009.    For the quarter ended September 25, 2010, the Company reported net income of $3,176,000, or $1.74 per share, on revenue of $6,861,000, as compared to net income of $235,000, or $0.16 pe r share, on revenue of $1,765,000 for the quarter ended September 26, 2009. 

The Company also announced that on December 9, 2010, its Board of Directors declared a dividend of $0.10 per share of common stock outstanding in recognition of the positive financial performance of fiscal 2010. The dividend is payable in cash on December 27, 2010 to all shareholders of record on December 20, 2010.

Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, "TCC had a record year in fiscal 2010, far surpassing any year in its 49 year history. The primary driver for our growth has been the need for encryption equipment to provide secure national communications in Afghanistan. TCC made substantial shipments on contracts supporting this endeavor through the fourth quarter of fiscal 2010. The fiscal 2010 contracts have been followed with additional orders in the first quarter of our 2011 fiscal year. It should be noted, however, that while the continued business in Afghanistan is encouraging, our revenue in fiscal 2011 is expected to return to the more modest levels achieved prior to 2010.  Our backlog at September 25, 2010 remained strong at $3.4 million and increased to $6.8 million during the first quarter of fiscal 2011. The Company expects to deliver these orders during the remainder of our fiscal 2011 year.

Mr. Guild continued, "For fiscal 2011, TCC expects to maintain its increased investment in internal product development. We are evaluating several technical options for enhancing the DSP 9000 Radio Encryption product line, which may include cryptography modifications, hardware and software changes and partnering with radio manufacturers to incorporate imbedded solutions. The Company also continues to evolve the features of the DSP 9000 RF Encryption System and hopes to expand the market to new customers that can benefit from a universal security solution that can be applied to and interoperate with their existing radio communications suite of equipment."

In October 2010, TCC announced the introduction of the DSD 72B, a new family of high speed SONET/SDH encryptors capable of operating on electrical and fiber optic networks. These encryptors are designed to meet a wide range of stringent environmental and operational environments while providing the highest grade of encryption security. In conjunction with the DSD 72B, TCC has developed the Keynet Optical Manager (KOM)™, an advanced key generation and management system capable of single–point, over-the-network management of an entire encryption network. TCC expects that customer evaluations of the DSD 72B will begin in 2011.

Driven by current customer demand, TCC has also completed the development of a variant of its DSD72A-SP Bulk Encryptor, which will provide additional radio/switch interface compatibility. Finally, the Company also expects to expand its CX7000 family of IP and frame sensitive encryptors in 2011 and 2012 to provide additional features and higher speed solutions for enterprise networks and satellite communications systems requiring tailored operational and network characteristics.

About Technical Communications Corporation

TCC designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC's security solutions protect information privacy on every continent in over 115 countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks.

Statements made in this press release, including any discussion of our anticipated operating results, financial condition and earnings, including statements about the Company's ability to achieve and sustain growth and profitability and expand product lines and market share, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, identified by the use of such terms as "anticipates," "believes," "expects," "may," "plans" and "estimates," among others, involve known and unknown risks. The Company's results may differ significantly from the results expressed or implied by such forward-looking statements. The Company's results may be affected by many factors, including but not limited to future changes in export laws or regulations, changes in technology, the effect of foreign political unrest, the ability to hire, retain and motivate technical, management and sales personnel, the risks associated with the technical feasibility and market acceptance of new products, changes in telecommunications protocols, the effects of changing costs, exchange rates and interest rates, and the Company's ability to secure adequate capital resources. These and other risks are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including the Company's Quarterly Reports on Form 10-Q for the quarters ended June 26, 2010, March 27, 2010 and December 26, 2009 and its Annual Report on Form 10-K for the fiscal year ended September 26, 2009.

Technical Communications Corporation
Condensed consolidated income statements
	Quarter Ended
	(Unaudited)
	9/25/2010	9/26/2009
Net sales	$6,861,000	$1,765,000
Gross profit	5,952,000	1,114,000
S, G & A expense	480,000	750,000
Product development costs	969,000	611,000
Operating income (loss)	4,503,000	(248,000)
Income tax expense (benefit)	1,328,000	(480,000)
Net income	3,176,000	235,000
Net income per share:
Basic	$1.74	$0.16
Diluted	$1.70	$0.16
	Year Ended
	9/25/2010	9/26/2009
	(Unaudited)	(derived from audited financial statements)
Net sales	$21,551,000	$7,752,000
Gross profit	16,145,000	4,846,000
S, G & A expense	2,808,000	2,534,000
Product development costs	2,608,000	1,889,000
Operating income	10,729,000	423,000
Income tax expense (benefit)	2,865,000	(480,000)
Net income	7,868,000	943,000
Net income per share:
Basic	$4.68	$0.65
Diluted	$4.33	$0.58
Condensed consolidated balance sheets
	9/25/2010	9/26/2009
	(Unaudited)	(derived from audited financial statements)
Cash	$11,034,000	$5,418,000
Accounts receivable, net	131,000	403,000
Inventory	2,613,000	2,415,000
Deferred income taxes	469,000	566,000
Other current assets	154,000	180,000
Total current assets	14,401,000	8,982,000
Property and equipment, net	425,000	340,000
Total assets	$14,826,000	$9,322,000
Accounts payable	314,000	250,000
Accrued expenses and other current liabilities	2,927,000	2,359,000
Total current liabilities	3,241,000	2,609,000
Total stockholders' equity	11,585,000	6,713,000
Total liabilities and stockholders' equity	$14,826,000	$9,322,000

CONTACT:  Technical Communications Corporation
          Michael P. Malone, Chief Financial Officer
          (978) 287-5100
          www.tccsecure.com