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

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|                                      |   | Three Months Ended |   |   | Six Months Ended |   |
|-------------------------------------------|--------|--------------------|--------|--------|------------------|--------|
|                                      |   | 10/03/10           |   |   | 09/27/09         |   |   | 10/03/10 |   |   | 09/27/09 |   |
|                                      |   |               |   |   |             |   |   |   |   |   |   |   |
| Revenues                                  |   | $                  | 83,302 |   |             | $      | 49,571 |   |   | $ | 153,509 |   |   | $ | 84,206 |   |
| Operating expenses:                       |   |               |   |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenue                           |   |               | 58,881 |   |             |   | 37,092 |   |   |   | 114,285 |   |   |   | 61,880 |   |
| Administrative and manufacturing overhead |   |               | 13,240 |   |             |   | 9,657 |   |   |   | 24,303 |   |   |   | 17,753 |   |
| Other insurance settlements               |   |               | (35    | )      |             |   | (8 | ) |   |   | (117 | ) |   |   | (38 | ) |
| Total operating expenses                  |   |               | 72,086 |   |             |   | 46,741 |   |   |   | 138,471 |   |   |   | 79,595 |   |
| Operating income                          |   |               | 11,216 |   |             |   | 2,830 |   |   |   | 15,038 |   |   |   | 4,611 |   |
| Investment and other income               |   |               | 255    |   |             |   | 308 |   |   |   | 416 |   |   |   | 833 |   |
| Income before income tax expense          |   |               | 11,471 |   |             |   | 3,138 |   |   |   | 15,454 |   |   |   | 5,444 |   |
| Income tax expense                        |   |               | (3,687 | )      |             |   | (1,069 | ) |   |   | (5,093 | ) |   |   | (1,853 | ) |
| Net income                                |   | $                  | 7,784  |   |             | $      | 2,069 |   |   | $ | 10,361 |   |   | $ | 3,591 |   |
|                                      |   |               |   |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Net income per common share               |   |               |   |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Diluted                                   |   | $                  | 1.34   |   |             | $      | 0.36 |   |   | $ | 1.79 |   |   | $ | 0.62 |   |
| Weighted average shares outstanding       |   |               |   |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Diluted                                   |   |               | 5,802  |   |             |   | 5,790 |   |   |   | 5,796 |   |   |   | 5,785 |   |

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|                                                                                                                                                                                                                             |   | 10/03/10 |    |   | 03/28/10 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|---------|--------|----------|--------|
|                                                                                                                                                                                                                             |   |     |    |   |     |   |
| ASSETS                                                                                                                                                                                                                           |   |     |    |   |     |   |
| Cash and cash equivalents                                                                                                                                                                                                        |   | $        | 14,227  |   |     | $      | 8,171 |   |
| Securities available-for-sale                                                                                                                                                                                                    |   |     | 24,687  |   |     |   | 20,021 |   |
| Accounts receivable                                                                                                                                                                                                              |   |     |    |   |     |   |   |   |
| U.S. Government                                                                                                                                                                                                                  |   |     | 9,058   |   |     |   | 6,689 |   |
| Other, net                                                                                                                                                                                                                       |   |     | 11,416  |   |     |   | 15,592 |   |
| Costs and estimated profits in excess of billings on incomplete contracts                                                                                                                                                        |   |     | 29,247  |   |     |   | 20,675 |   |
| Inventory                                                                                                                                                                                                                        |   |     | 1,834   |   |     |   | 1,491 |   |
| Insurance receivable                                                                                                                                                                                                             |   |     | 447     |   |     |   | 447 |   |
| Restricted cash                                                                                                                                                                                                                  |   |     | 5,003   |   |     |   | - |   |
| Other current assets                                                                                                                                                                                                             |   |     | 2,109   |   |     |   | 2,068 |   |
| Deferred taxes                                                                                                                                                                                                                   |   |     | 1,643   |   |     |   | 402 |   |
| Total current assets                                                                                                                                                                                                             |   |     | 99,671  |   |     |   | 75,556 |   |
| Property, plant, and equipment, net                                                                                                                                                                                              |   |     | 28,373  |   |     |   | 29,716 |   |
| Restricted cash                                                                                                                                                                                                                  |   |     | 3,240   |   |     |   | 5,627 |   |
| Deferred pension assets                                                                                                                                                                                                          |   |     | 11,124  |   |     |   | 11,657 |   |
| Insurance receivable                                                                                                                                                                                                             |   |     | 7,603   |   |     |   | 7,180 |   |
| Intangible assets, net                                                                                                                                                                                                           |   |     | 1,400   |   |     |   | 1,553 |   |
| Goodwill                                                                                                                                                                                                                         |   |     | 1,109   |   |     |   | 1,109 |   |
| Other long-term assets                                                                                                                                                                                                           |   |     | 882     |   |     |   | 898 |   |
| Total assets                                                                                                                                                                                                                     |   | $        | 153,402 |   |     | $      | 133,296 |   |
|                                                                                                                                                                                                                             |   |     |    |   |     |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                       |   |     |    |   |     |   |   |   |
| Accounts payable and accruals                                                                                                                                                                                                    |   | $        | 32,501  |   |     | $      | 16,635 |   |
| Accrued payroll and related liabilities                                                                                                                                                                                          |   |     | 3,541   |   |     |   | 3,586 |   |
| Billings in excess of costs and estimated profits on incomplete contracts                                                                                                                                                        |   |     | 9,718   |   |     |   | 13,624 |   |
| Environmental and other reserves                                                                                                                                                                                                 |   |     | 447     |   |     |   | 447 |   |
| Taxes payable other than income taxes                                                                                                                                                                                            |   |     | 1,325   |   |     |   | 1,559 |   |
| Income taxes payable                                                                                                                                                                                                             |   |     | 546     |   |     |   | 676 |   |
| Total current liabilities                                                                                                                                                                                                        |   |     | 48,078  |   |     |   | 36,527 |   |
| Environmental and other reserves                                                                                                                                                                                                 |   |     | 8,504   |   |     |   | 10,415 |   |
| Accrued post retirement health benefits                                                                                                                                                                                          |   |     | 6,072   |   |     |   | 6,171 |   |
| Deferred taxes                                                                                                                                                                                                                   |   |     | 2,891   |   |     |   | 2,648 |   |
| Other non-current liabilities                                                                                                                                                                                                    |   |     | 2,607   |   |     |   | 2,133 |   |
| Total liabilities                                                                                                                                                                                                                |   |     | 68,152  |   |     |   | 57,894 |   |
| Stockholders’ equity                                                                                                                                                                                                       |   |     |    |   |     |   |   |   |
| Common stock $.01 par value, authorized 19,500,000 shares, issued 11,828,305 shares at October 3, 2010 and March 28, 2010, and outstanding 5,787,231 shares at October 3, 2010 and 5,775,691  shares at March 28, 2010 |   |     | 118     |   |     |   | 118 |   |
| Paid-in capital                                                                                                                                                                                                                  |   |     | 38,935  |   |     |   | 38,885 |   |
| Retained earnings                                                                                                                                                                                                                |   |     | 95,915  |   |     |   | 86,564 |   |
| Accumulated other comprehensive loss                                                                                                                                                                                             |   |     | (5,945  | )      |     |   | (6,308 | ) |
| Treasury stock (6,041,074 shares at October 3, 2010 and 6,052,614 at March 28, 2010)                                                                                                                                             |   |     | (43,773 | )      |     |   | (43,857 | ) |
| Total stockholders' equity                                                                                                                                                                                                       |   |     | 85,250  |   |     |   | 75,402 |   |
| Total liabilities and stockholders' equity                                                                                                                                                                                       |   | $        | 153,402 |   |     | $      | 133,296 |   |

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