14. Significant Customer Concentrations

12 Months Ended

Mar. 31, 2011

Concentration Risk Disclosure [Text Block]

14.                   Significant Customer Concentrations

For the years ended March 31, 2012 and 2011, sales to the U.S. Government represented approximately 66% and 70%, respectively of avionics net sales.  No other individual customer represented over 10% of net sales for these years.  No customer or distributor accounted for more than 10% of commercial or government net sales.

Foreign net sales were $1,732,227 and $1,869,455 for the years ended March 31, 2012 and 2011, respectively.  All other sales were to customers located in the U.S. The following table presents net sales by U.S. and foreign countries:

	2012		2011
United States	$	14,776,451	$	11,671,145
Foreign countries		1,732,227		1,869,455
Total	$	16,508,678	$	13,540,600

Net sales from any single foreign country did not comprise more than 10% of consolidated net sales. The Company had no assets outside the United States.

As of March 31, 2012 and 2011, one individual customer balance represented 42% and 14%, respectively, of the Company’s outstanding accounts receivable. Receivables from the U.S. Government represented approximately 24% and 61%, respectively, of total receivables at March 31, 2012 and 2011, respectively.