EXHIBIT 10.23

                     1997 ADVANCED TECHNICAL PRODUCTS, INC.

                                STOCK OPTION PLAN

                                  INTRODUCTION

        On June 9, 1997, the Board of Directors of the Company adopted the
following Stock Option Plan:

        1. PURPOSE. The purpose of the Plan is to provide Employees with a
proprietary interest in the Company through the granting of Incentive Options
and Nonqualified Options which will:

           (a) increase the interest of the Employees in the Company's welfare;
               (b) furnish an incentive to the Employees to continue their
               services for the Company; and

           (c) provide a means through which the Company may attract able
               persons to enter its employ.

        2. ADMINISTRATION. The Plan shall be administered by the Committee.

        3. PARTICIPANTS. The Committee shall, from time to time, select the
           particular

Employees of the Company and its Subsidiaries to whom options are to be granted,
and who will, upon such grant, become participants in the Plan. The individuals
eligible for selection by the Committee shall be those Employees whose
performance and responsibilities are determined by the Committee to be
influential to the success of the Company.

        4. STOCK OWNERSHIP LIMITATION. No Incentive Option may be granted to an
Employee who owns more than 10% of the voting power of all classes of stock of
the Company or its Parent or Subsidiaries. This limitation will not apply if the
option price is at least 110% of the fair market value of the stock at the time
the Incentive Option

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is granted and the Incentive Option is not exercisable more than five years from
the date it is granted.

        5. SHARES SUBJECT TO PLAN. Options may not be granted pursuant to the
terms of the Plan for more than 300,000 shares of Common Stock of the Company,
but this number shall be adjusted to reflect, if deemed appropriate by the
Committee, any stock dividend, stock split, share combination, recapitalization
or the like, of or by the Company. Shares to be optioned and sold may be made
available from either authorized but unissued Common Stock or Common Stock held
by the Company in its treasury. Shares that by reason of the expiration of an
option or otherwise are no longer subject to purchase pursuant to an option
granted under the Plan may be re-offered under the Plan.

        6. LIMITATION ON AMOUNT. The aggregate fair market value (determined at
the time of grant) of the shares of Common Stock which any Employee is first
eligible to purchase in any calendar year by exercise of Incentive Options
granted under this Plan and all incentive stock option plans of the Company or
any Parent or Subsidiaries shall not exceed $100,000. For this purpose, the fair
market value (determined at the respective date of grant of each option) of the
stock purchasable by exercise of an Incentive Option (or an installment thereof)
shall be counted against the $100,000 annual limitation for an Employee only for
the calendar year such stock is first purchasable under the terms of the option.

        7. ALLOTMENT OF SHARES. Grants of options under the Plan shall be as
described in this Section 7 of the Plan, provided that the grant of an option
shall not be deemed either to entitle the Employee to, or to disqualify the
Employee from, participation in any other grant of options under the Plan.

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           (a) The Committee shall determine the number of shares of Common
               Stock to be offered from time to time by grant of options to
               Employees of the Company or its Subsidiaries.

           (b) Any option granted to a person required to report under Section
               16(a) of the Securities Exchange Act of 1934, as amended, must
               also be approved by the Board in order to be effective.

        8. GRANT OF OPTIONS. The maximum number of shares that may be granted
under the Plan in accordance with Section 6 of the Plan may be granted to any
one Employee. The Committee and the Board are authorized to grant both Incentive
Options and Nonqualified Options under the Plan. Incentive Options may only be
granted to employees within the meaning of Section 422 of the Internal Revenue
Code. The grant of options shall be evidenced by stock option agreements
containing such terms and provisions as are approved by the Committee but not
inconsistent with the Plan, including provisions that may be necessary to assure
that any option that is intended to be an Incentive Option will comply with
Section 422 of the Internal Revenue Code. Stock option agreements may provide
that an option holder may request approval from the Committee to exercise an
option or a portion thereof by tendering shares of Common Stock of the Company
at the fair market value per share on the date of exercise in lieu of cash
payment of the exercise price. Moreover, stock option agreements for
Nonqualified Options may provide that the option holder may request approval
from the Committee to pay any withholding associated with the Nonqualified
Option by tendering shares of Common Stock of the Company at the fair market
value per share on the date of exercise. An option agreement may provide, if the
Committee so determines, that upon exercise of the option the Committee may
elect to pay, in lieu of receipt from

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the optionholder of the exercise price and issuance of certificates for the
shares of stock exercised, an amount equal to the excess of the fair market
value per share on the date of exercise over the per share exercise price under
the option, multiplied by the number of shares covered by the option or portion
thereof being exercised ("Stock Appreciation"). Any such option agreement may
provide that the Stock Appreciation shall be paid to the optionholder either in
cash or in Common Stock or in cash and Common Stock (based on the fair market
value of such stock on the date of the exercise by the optionholder). The method
of payment shall be determined by the Committee in its sole discretion. The
option to purchase shares shall terminate with respect to the number of shares
for which the Stock Appreciation is paid. The Company shall execute stock option
agreements upon instructions from the Committee. The Plan shall be submitted to
the Company's stockholders for approval. The Committee and the Board may grant
options under the Plan prior to the time of stockholder approval, which options
will be effective when granted, but if for any reason the stockholders of the
Company do not approve the Plan prior to one year from the date of adoption of
the Plan by the Board, all options granted under the Plan will be terminated and
of no effect, and no option may be exercised in whole or in part prior to such
stockholder approval.

        9. OPTION PRICE. The option price for an Incentive Option shall not be
less than 100% of the fair market value per share of the Common Stock on the
date the option is granted. The Committee shall determine the fair market value
of the Common Stock on the date of grant and shall set forth the determination
in its minutes, using any reasonable valuation method.

        10. OPTION PERIOD. The Option Period will begin on the date the option
is granted, which will be the date the Committee authorizes the option unless
the Committee specifies a later date. No option may terminate later than ten
years from the date the option is granted. The

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Committee may provide for the exercise of options in installments and upon such
terms, conditions and restrictions as it may determine. The Committee may
provide for termination of an option in the case of termination of employment or
any other reason.

        11. RIGHTS IN EVENT OF DEATH OR DISABILITY. If a participant dies or
becomes disabled [within the meaning of Section 22(e)(3) of the Internal Revenue
Code] prior to termination of his right to exercise an option in accordance with
the provisions of his stock option agreement without having totally exercised
the option, the option agreement may provide that it may be exercised, to the
extent of the shares with respect to which the option could have been exercised
by the participant on the date of the participant's death or disability, (i) in
the case of death, by the participant's estate or by the person who acquired the
right to exercise the option by bequest or inheritance or by reason of the death
of the participant, or (ii) in the case of disability, by the participant or his
personal representative, provided the option is exercised prior to the date of
its expiration or 180 days from the date of the participant's death or
disability, whichever first occurs. The date of disability of a participant
shall be determined by the Committee.

        12. PAYMENT. Unless cash is paid to the participant upon exercise of the
option, full payment for shares purchased shall be made in cash or by check or,
if allowed by the stock option agreement and approved by the Committee, by
tendering shares of Common Stock at the fair market value per share at the time
of exercise. Likewise, any withholding associated with a Nonqualified Option
may, if allowed by the stock option agreement and approved by the Committee, be
paid by tendering shares of Common Stock at the fair market value per share at
the time of exercise. No shares may be issued until full payment of the purchase
price therefor has been made, and a participant will have none of the rights of
a stockholder until shares are issued to him.

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        13. EXERCISE OF OPTION. Options granted under the Plan may be exercised
during the Option Period, at such times, in such amounts, in accordance with
such terms and subject to such restrictions as are set forth below. In no event
may an option be exercised or shares be issued pursuant to an option if any
requisite action, approval or consent of any governmental authority of any kind
having jurisdiction over the exercise of options shall not have been taken or
secured. If the option agreement does not contain Stock Appreciation provisions,
the Committee may offer an optionholder, upon such conditions and restrictions
as it deems advisable and in lieu of receipt from him of the exercise price and
issuance of certificates for the shares of stock exercised, the right to elect
to receive payment in cash, Common Stock, or a combination of cash and Common
Stock, as the Committee shall determine, in an amount equal to the Stock
Appreciation.

        14. CAPITAL ADJUSTMENTS AND REORGANIZATIONS. The number of shares of
Common Stock covered by each outstanding option granted under the Plan and the
option price shall be adjusted to reflect, as deemed appropriate by the
Committee, any stock dividend, stock split, share combination, exchange of
shares, recapitalization, merger, consolidation, separation, reorganization,
liquidation or the like, of or by the Company.

        15. NON-ASSIGNABILITY. Options may not be transferred other than by will
or by the laws of descent and distribution. During a participant's lifetime,
options granted to a participant may be exercised only by the participant or as
provided in section 11 hereof.

        16. INTERPRETATION. The Committee shall interpret the Plan and shall
prescribe such rules and regulations in connection with the operation of the
Plan as it determines to be advisable for the administration of the Plan. The
Committee may rescind and amend its rules and regulations.

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        17. AMENDMENT OR DISCONTINUANCE. The Plan may be amended or discontinued
by the Board without the approval of the stockholders of the Company, except
that any amendment that would (1) materially increase the number of securities
that may be issued under the Plan, or (2) materially modify the requirements of
eligibility for participation in the Plan must be approved by the stockholders
of the Company.

        18. EFFECT OF PLAN. Neither the adoption of the Plan nor any action of
the Board or the Committee shall be deemed to give any Employee any right to be
granted an option to purchase Common Stock of the Company or any other rights
except as may be evidenced by the stock option agreement, or any amendment
thereto, duly authorized by the Committee and executed on behalf of the Company
and then only to the extent and on the terms and conditions expressly set forth
therein.

        19. TERM. Unless sooner terminated by action of the Board, this Plan
will terminate on June 9, 2007. The Committee may not grant options under the
Plan after that date, but options granted before that date will continue to be
effective in accordance with their terms.

        20. DEFINITIONS. For the purpose of this Plan, unless the context
requires otherwise, the following terms shall have the meanings indicated:

            (a) "Board" means the Board of Directors of the Company. (b)
                "Committee" means the committee or committees of the Board
                appointed by the Board to administer the Plan, or in the absence
                of such a committee, shall mean the entire Board.

            (c) "Common Stock" means the Common Stock which the Company is
                currently authorized to issue or may in the future be authorized
                to issue (as long as the common stock varies from that currently
                authorized, if at all, only in amount

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                of par value).

            (d) "Company" means Lunn Industries, Inc., a Delaware corporation.

            (e) "Employee" means any employee, officer, or consultant or
                advisor, provided that bona fide services shall be rendered by
                consultants or advisors and such services must not be in
                connection with the offer or sale of securities in a
                capital-raising transaction.

            (f) "Internal Revenue Code" means the Internal Revenue Code of 1986,
                as amended.

            (g) "Incentive Option" means an option granted under the Plan which
                meets the requirements of Section 422 of the Internal Revenue
                Code.

            (h) "Nonqualified Option" means an option granted under the Plan
                which is not intended to be an Incentive Option.

            (i) "Option Period" means the period during which an option may be
                exercised.

            (j) "Parent" means any corporation in an unbroken chain of
                corporations ending with the Company if, at the time of granting
                of the option, each of the corporations other than the Company
                owns stock possessing 50% or more of the total combined voting
                power of all classes of stock in one of the other corporations
                in the chain.

            (k) "Plan" means this Stock Option Plan, as amended from time to
                time.

            (l) "Subsidiary" means any corporation in an unbroken chain of
                corporations beginning with the Company if, at the time of the
                granting of the option, each of the corporations other than the
                last corporation in the unbroken chain owns

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                stock possessing 50% or more of the total combined voting power
                of all classes of stock in one of the other corporations in the
                chain, and "Subsidiaries" means more than one of any such
                corporations.

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