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| TOTAL PAGES – 3 | CONTACT: HILARY PICKEREL |
|-----------------------|--------------------------|
|                  | SHAREHOLDER RELATIONS    |
|                  | (206) 623-1635 Ext. 106  |

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|                                      |   | Three Months Ended |   |   | Nine Months Ended |   |
|-------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                      |   | 01/02/11           |   |   | 12/27/09          |   |   | 01/02/11 |   |   | 12/27/09 |   |
|                                      |   |               |   |   |              |   |   |   |   |   |   |   |
| Revenues                                  |   | $                  | 58,287 |   |              | $      | 47,129 |   |   | $ | 211,796 |   |   | $ | 131,335 |   |
| Operating expenses:                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenue                           |   |               | 45,619 |   |              |   | 35,545 |   |   |   | 159,904 |   |   |   | 97,425 |   |
| Administrative and manufacturing overhead |   |               | 11,276 |   |              |   | 9,311 |   |   |   | 35,579 |   |   |   | 27,064 |   |
| Other insurance settlements               |   |               | (27    | )      |              |   | (24 | ) |   |   | (144 | ) |   |   | (62 | ) |
| Total operating expenses                  |   |               | 56,868 |   |              |   | 44,832 |   |   |   | 195,339 |   |   |   | 124,427 |   |
| Operating income                          |   |               | 1,419  |   |              |   | 2,297 |   |   |   | 16,457 |   |   |   | 6,908 |   |
| Investment and other income               |   |               | 343    |   |              |   | 69 |   |   |   | 759 |   |   |   | 902 |   |
| Income before income tax expense          |   |               | 1,762  |   |              |   | 2,366 |   |   |   | 17,216 |   |   |   | 7,810 |   |
| Income tax expense                        |   |               | (963   | )      |              |   | (783 | ) |   |   | (6,056 | ) |   |   | (2,636 | ) |
| Net income                                |   | $                  | 799    |   |              | $      | 1,583 |   |   | $ | 11,160 |   |   | $ | 5,174 |   |
|                                      |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Net income per common share               |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Diluted                                   |   | $                  | 0.14   |   |              | $      | 0.27 |   |   | $ | 1.92 |   |   | $ | 0.89 |   |
| Weighted average shares outstanding       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Diluted                                   |   |               | 5,809  |   |              |   | 5,794 |   |   |   | 5,805 |   |   |   | 5,787 |   |

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|                                                                                                                                                                                                                             |   | 01/02/11 |    |   | 03/28/10 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|---------|--------|----------|--------|
|                                                                                                                                                                                                                             |   |     |    |   |     |   |
| ASSETS                                                                                                                                                                                                                           |   |     |    |   |     |   |
| Cash and cash equivalents                                                                                                                                                                                                        |   | $        | 1,575   |   |     | $      | 8,171 |   |
| Securities available-for-sale                                                                                                                                                                                                    |   |     | 28,007  |   |     |   | 20,021 |   |
| Accounts receivable                                                                                                                                                                                                              |   |     |    |   |     |   |   |   |
| U.S. Government                                                                                                                                                                                                                  |   |     | 12,109  |   |     |   | 6,689 |   |
| Other, net                                                                                                                                                                                                                       |   |     | 13,160  |   |     |   | 15,592 |   |
| Costs and estimated profits in excess of billings on incomplete contracts                                                                                                                                                        |   |     | 25,166  |   |     |   | 20,675 |   |
| Inventory                                                                                                                                                                                                                        |   |     | 1,956   |   |     |   | 1,491 |   |
| Insurance receivable                                                                                                                                                                                                             |   |     | 447     |   |     |   | 447 |   |
| Restricted cash                                                                                                                                                                                                                  |   |     | 5,889   |   |     |   | - |   |
| Other current assets                                                                                                                                                                                                             |   |     | 3,647   |   |     |   | 2,068 |   |
| Deferred taxes                                                                                                                                                                                                                   |   |     | 1,131   |   |     |   | 402 |   |
| Total current assets                                                                                                                                                                                                             |   |     | 93,087  |   |     |   | 75,556 |   |
| Property, plant, and equipment, net                                                                                                                                                                                              |   |     | 28,211  |   |     |   | 29,716 |   |
| Restricted cash                                                                                                                                                                                                                  |   |     | 3,803   |   |     |   | 5,627 |   |
| Deferred pension assets                                                                                                                                                                                                          |   |     | 10,858  |   |     |   | 11,657 |   |
| Insurance receivable                                                                                                                                                                                                             |   |     | 6,869   |   |     |   | 7,180 |   |
| Intangible assets, net                                                                                                                                                                                                           |   |     | 1,323   |   |     |   | 1,553 |   |
| Goodwill                                                                                                                                                                                                                         |   |     | 1,109   |   |     |   | 1,109 |   |
| Other long-term assets                                                                                                                                                                                                           |   |     | 838     |   |     |   | 898 |   |
| Total assets                                                                                                                                                                                                                     |   | $        | 146,098 |   |     | $      | 133,296 |   |
|                                                                                                                                                                                                                             |   |     |    |   |     |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                       |   |     |    |   |     |   |   |   |
| Accounts payable and accruals                                                                                                                                                                                                    |   | $        | 24,265  |   |     | $      | 16,635 |   |
| Line of credit                                                                                                                                                                                                                   |   |     | 2,100   |   |     |   | - |   |
| Accrued payroll and related liabilities                                                                                                                                                                                          |   |     | 2,685   |   |     |   | 3,586 |   |
| Billings in excess of costs and estimated profits on incomplete contracts                                                                                                                                                        |   |     | 10,024  |   |     |   | 13,624 |   |
| Environmental and other reserves                                                                                                                                                                                                 |   |     | 447     |   |     |   | 447 |   |
| Taxes payable other than income taxes                                                                                                                                                                                            |   |     | 794     |   |     |   | 1,559 |   |
| Income taxes payable                                                                                                                                                                                                             |   |     | -       |   |     |   | 676 |   |
| Total current liabilities                                                                                                                                                                                                        |   |     | 40,315  |   |     |   | 36,527 |   |
| Environmental and other reserves                                                                                                                                                                                                 |   |     | 8,264   |   |     |   | 10,415 |   |
| Accrued post retirement health benefits                                                                                                                                                                                          |   |     | 6,022   |   |     |   | 6,171 |   |
| Deferred taxes                                                                                                                                                                                                                   |   |     | 2,712   |   |     |   | 2,648 |   |
| Other non-current liabilities                                                                                                                                                                                                    |   |     | 2,695   |   |     |   | 2,133 |   |
| Total liabilities                                                                                                                                                                                                                |   |     | 60,008  |   |     |   | 57,894 |   |
| Stockholders’ equity                                                                                                                                                                                                       |   |     |    |   |     |   |   |   |
| Common stock $.01 par value, authorized 19,500,000 shares, issued 11,828,305 shares at January 2, 2011 and March 28, 2010, and outstanding 5,787,231 shares at January 2, 2011 and 5,775,691  shares at March 28, 2010 |   |     | 118     |   |     |   | 118 |   |
| Paid-in capital                                                                                                                                                                                                                  |   |     | 39,010  |   |     |   | 38,885 |   |
| Retained earnings                                                                                                                                                                                                                |   |     | 96,714  |   |     |   | 86,564 |   |
| Accumulated other comprehensive loss                                                                                                                                                                                             |   |     | (5,979  | )      |     |   | (6,308 | ) |
| Treasury stock (6,041,074 shares at January 2, 2011 and 6,052,614 at March 28, 2010)                                                                                                                                             |   |     | (43,773 | )      |     |   | (43,857 | ) |
| Total stockholders' equity                                                                                                                                                                                                       |   |     | 86,090  |   |     |   | 75,402 |   |
| Total liabilities and stockholders' equity                                                                                                                                                                                       |   | $        | 146,098 |   |     | $      | 133,296 |   |

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