UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*


                           TransTechnology Corporation
                           ---------------------------
                                (Name of Issuer)

                     Common Stock, $0.01 Par Value per Share
                     ---------------------------------------
                         (Title of Class of Securities)

                                    893889105
                                    ---------
                                 (CUSIP Number)

                                December 31, 2005
                                -----------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



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Schedule 13G/A

CUSIP No. 893889105

 1.  Names of Reporting Persons: Goldsmith & Harris Incorporated
     I.R.S. Identification Nos. of above persons (entities only): 13-3741461

 2.  Check the Appropriate Box if a Member of a Group (See Instructions):

         (a) [ ]

         (b) [ ]

 3.  SEC Use Only


 4.  Citizenship or Place of Organization:    New York

Number of           5.  Sole Voting Power:             --0--
Shares
Beneficially        6.  Shared Voting Power:           --0--
Owned by
Each                7.  Sole Dispositive Power:        --0--
Reporting
Person With         8.  Shared Dispositive Power:     644,008

 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 644,008

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions): [ ]

11. Percent of Class Represented by Amount in Row (9): 9.57%

12. Type of Reporting Person (See Instructions): BD & IA





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Item 1.

     (a)  The  name  of  the   issuer  is   TransTechnology   Corporation   (the
"Corporation").

     (b) The  Corporation's  executive  office is located at 700 Liberty Avenue,
Union, New Jersey 07083.

Item 2.

     (a) The person  filing this  statement is  Goldsmith & Harris  Incorporated
("G&H").

     (b) G&H is located at 80 Pine Street, New York, NY 10005.

     (c) G&H was organized under the laws of New York.

     (d) The security  (the  "Security")  is common  stock,  $0.01 par value per
share.

     (e) The CUSIP Number of the Security is 893889105.

Item 3.

     G&H is a broker-dealer  (File No. 8-30122)  registered  under Section 15 of
the  Securities  Exchange  Act of  1934  and an  investment  adviser  (File  No.
801-56934) registered under Section 203 of the Investment Advisers Act of 1940.

Item 4.    Ownership.

     (a) G&H, through its executive officers, is the beneficial owner of 644,008
shares of the Security by virtue of its investment  discretion  over accounts of
its clients that hold shares of the Security.

     (b) The amount of shares of the Security beneficially owned by G&H is 9.57%
of the total outstanding shares of the Security.

     (c) (i) Not applicable.

         (ii) Not applicable.

         (iii) Not applicable.

         (iv) G&H shares with its executive officers the power to dispose or to
     direct the disposition of 644,008 shares of the Security.


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Item 5.  Ownership of Five Percent or Less of a Class.

     Not applicable.

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

     The clients of G&H may have the right to receive or the power to direct the
receipt of  dividends  from,  or the  proceeds  from the sale of,  shares of the
Security.  None of these  persons  has an  interest  in 5% or more of the  total
outstanding shares of the Security.

Item 7.  Identification  and  Classification  of the  Subsidiary Which Acquired
         the Security  Being Reported on By the Parent Holding Company.

     Not applicable.

Item 8.  Identification and Classification of Members of the Group.

     Not applicable.

Item 9.  Notice of Dissolution of Group.

     Not applicable.

Item 10.  Certification.

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred to above were  acquired  and are held in the  ordinary
course of business  and were not acquired and are not held for the purpose of or
with the effect of  changing  or  influencing  the  control of the issuer of the
securities  and were not  acquired and are not held in  connection  with or as a
participant in any transaction having that purpose or effect.




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                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


Date:  February 7, 2006                     Goldsmith & Harris Incorporated


                                            By: /s/ Philip W. Goldsmith
                                                -----------------------
                                            Philip W. Goldsmith
                                            Chairman





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