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|   |   |                                                                                          |
|--------|--------|-----------------------------------------------------------------------------------------------|
| þ |   | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |

|     |   |                                                                                           |
|----------|--------|------------------------------------------------------------------------------------------------|
|  |   | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |

|   | Delaware                                                 | 75-1225149                        |   |
|--------|----------------------------------------------------------|-----------------------------------|--------|
|   | (State of Incorporation)                                 | (IRS Employer Identification No.) |   |
|   |                                                     |                              |   |
|   | 905 E. Walnut, Garland, Texas                            | 75040                             |   |
|   | (Address of Principal Executive Office)                  | (Zip Code)                        |   |
|   |                                                     |                              |   |
|   | Registrant’s Telephone Number, including Area Code | (972) 272-3571                    |   |

| Large accelerated filer  o                | Accelerated filer  o   |
|------------------------------------------------|-----------------------------|
| Non-accelerated filer    o | Smaller reporting company x |

----

|   | ITEM 2 - | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND |
|--------|----------|-----------------------------------------------------------------------|

|   |      RESULTS OF OPERATIONS |
|--------|-----------------------------------------------------|

|   | ITEM 3 - | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK |
|--------|----------|------------------------------------------------------------|

|   | ITEM 4 - | CONTROLS AND PROCEDURES |
|--------|----------|-------------------------|

----

|                                                                                                                                                                                                                                                                                             |   | (Unaudited)  |        |   |     |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-------------|--------|----------|--------|
| CURRENT ASSETS                                                                                                                                                                                                                                                                                   |   | 02/27/10          |        |   | 11/30/09 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |
| Cash and cash equivalents                                                                                                                                                                                                                                                                        |   | $                 | 5,684       |   |     | $      | 6,802 |   |
|         Short-term investment                                                                                                                                                                                                                            |   |              | 1,000       |   |     |   | 1,000 |   |
|         Accounts Receivable                                                                                                                                                                                                                              |   |              | 3,162       |   |     |   | 2,364 |   |
| Inventories:                                                                                                                                                                                                                                                                                     |   |              |        |   |     |   |   |   |
| Raw materials                                                                                                                                                                                                                                                                                    |   |              | 3,228       |   |     |   | 2,785 |   |
| Work-in process                                                                                                                                                                                                                                                                                  |   |              | 2,887       |   |     |   | 2,728 |   |
| Total Inventories                                                                                                                                                                                                                                                                                |   |              | 6,115       |   |     |   | 5,513 |   |
| Prepaid expenses and other current assets                                                                                                                                                                                                                                                        |   |              | 202         |   |     |   | 130 |   |
| Deferred income tax                                                                                                                                                                                                                                                                              |   |              | 1,069       |   |     |   | 1,069 |   |
|                              Total current assets                                                                                               |   |              | 17,232      |   |     |   | 16,878 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| PROPERTY, PLANT AND EQUIPMENT, at cost:                                                                                                                                                                                                                                                          |   |              |        |   |     |   |   |   |
| Land                                                                                                                                                                                                                                                                                             |   |              | 80          |   |     |   | 80 |   |
| Buildings                                                                                                                                                                                                                                                                                        |   |              | 498         |   |     |   | 498 |   |
| Facility improvements                                                                                                                                                                                                                                                                            |   |              | 882         |   |     |   | 882 |   |
| Machinery and equipment                                                                                                                                                                                                                                                                          |   |              | 6,723       |   |     |   | 6,571 |   |
| Furniture and fixtures                                                                                                                                                                                                                                                                           |   |              | 623         |   |     |   | 623 |   |
|                       Total property, plant, and equipment                                                                                                                         |   |              | 8,806       |   |     |   | 8,654 |   |
| Less accumulated depreciation                                                                                                                                                                                                                                                                    |   |              | (7,386      | )      |     |   | (7,324 | ) |
|                                      Net property, plant, and equipment                                 |   |              |  1,420 |   |     |   | 1,330 |   |
|                                        Total assets                                           |   | $                 | 18,652      |   |     | $      | 18,208 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                                                                                                                                                                                       |   |              |        |   |     |   |   |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| CURRENT LIABILITIES:                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| Accounts payable                                                                                                                                                                                                                                                                                 |   | $                 | 1,055       |   |     | $      | 713 |   |
| Accrued compensation                                                                                                                                                                                                                                                                             |   |              | 358         |   |     |   | 481 |   |
| Other accrued liabilities                                                                                                                                                                                                                                                                        |   |              | 204         |   |     |   | 193 |   |
|         Deferred revenue                                                                                                                                                                                                                                 |   |              | 1,251       |   |     |   | 1,524 |   |
| Income taxes payable                                                                                                                                                                                                                                                                             |   |              | 305         |   |     |   | 45 |   |
|                         Total current liabilities                                                                                                                        |   |              | 3,173       |   |     |   | 2,956 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| DEFERRED INCOME TAXES                                                                                                                                                                                                                                                                            |   |              | 218         |   |     |   | 218 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
| SHAREHOLDERS’ EQUITY                                                                                                                                                                                                                                                                       |   |              |        |   |     |   |   |   |
| Common stock, ($.10 par value), authorized 10,000,000 shares,   3,078,315 issued and 2,578,315 outstanding at February 27, 2010           and November 30, 2009                                                            |   |              | 308         |   |     |   | 308 |   |
| Paid-in capital                                                                                                                                                                                                                                                                                  |   |              | 885         |   |     |   | 885 |   |
|        Treasury stock, 500,000 shares, at cost                                                                                                                                                                                                                |   |              | (1,250      | )      |     |   | (1,250 | ) |
| Retained earnings                                                                                                                                                                                                                                                                                |   |              | 15,318      |   |     |   | 15,091 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
|                                 Total shareholders’ equity                                                                 |   |              | 15,261      |   |     |   | 15,034 |   |
|                                                                                                                                                                                                                                                                                             |   |              |        |   |     |   |   |   |
|                                         Total liabilities and shareholders’ equity |   | $                 | 18,652      |   |     | $      | 18,208 |   |

----

|                                                                                                                                                                                                                                            |   | Statement of Operations For the three months ended |       |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------|------------|
|                                                                                                                                                                                                                                            |   | 02/27/10                                                |       |   | 02/28/09 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |
| NET SALES                                                                                                                                                                                                                                       |   | $                                                       | 4,576      |   |   | $ | 4,862 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| COST AND EXPENSES:                                                                                                                                                                                                                              |   |                                                    |       |   |   |   |   |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|     Cost of goods sold                                                                                                                                                                                                      |   |                                                    | (2,824     | ) |   |   | (3,372 | ) |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|     Research and development                                                                                                                                                                                                |   |                                                    | (147       | ) |   |   | (81 | ) |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|     Selling, general & administrative expenses                                                                                                                                                                          |   |                                                    |  (928 | ) |   |   |  (824 | ) |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|                                     Total cost and expenses |   |                                                    | (3,899     | ) |   |   | (4,277 | ) |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| OPERATING INCOME BEFORE INTEREST           AND INCOME TAXES                                                                                                                              |   |                                                    | 677        |   |   |   | 585 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|     Interest and other income                                                                                                                                                                                               |   |                                                    | 81         |   |   |   | 14 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| INCOME BEFORE TAXES                                                                                                                                                                                                                             |   | $                                                       | 758 8 |   |   | $ | 599 8 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
|     Provision for taxes                                                                                                                                                                                                     |   |                                                    | (273       | ) |   |   | (216 | ) |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| NET INCOME                                                                                                                                                                                                                                      |   | $                                                       | 485        |   |   | $ | 383 |   |
| NET INCOME PER SHARE, BASIC AND DILUTED                                                                                                                                                                                                         |   | $                                                       | 0.19       |   |   | $ | 0.15 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| DIVIDENDS PER SHARE                                                                                                                                                                                                                             |   | $                                                       | 0.10       |   |   | $ | 0.10 |   |
|                                                                                                                                                                                                                                            |   |                                                    |       |   |   |   |   |   |
| WEIGHTED AVERAGE OF SHARES, Basic and diluted                                                                                                                                                                                                   |   |                                                    | 2,578,315  |   |   |   | 2,578,315 |   |

----

|                                                                                                                                                                                                                                                      |   | For three months ended |       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------|------------|
|                                                                                                                                                                                                                                                      |   | 2/27/10                |       |   | 2/28/09 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                                                                                                                                                                     |   |                   |       |   |   |   |
| Net income                                                                                                                                                                                                                                                |   | $                      | 485        |   |   | $ | 383 |   |
| Adjustments to reconcile net income to                                                                                                                                                                                                                    |   |                   |       |   |   |   |   |   |
|            cash provided by operating activities:                                                                                                                                                  |   |                   |       |   |   |   |   |   |
|     Depreciation and amortization                                                                                                                                                                                                     |   |                   | 62         |   |   |   | 63 |   |
| Changes in certain current assets and liabilities:                                                                                                                                                                                                        |   |                   |       |   |   |   |   |   |
|     (Increase)decrease in accounts receivable                                                                                                                                                                                         |   |                   | (798       | ) |   |   | 686 |   |
|     (Increase)decrease in inventories                                                                                                                                                                                                 |   |                   | (602       | ) |   |   | 2 |   |
|     (Increase)decrease in prepaid expenses and other current assets                                                                                                                                                                   |   |                   | (72        | ) |   |   | 62 |   |
|     Decrease in deferred revenue                                                                                                                                                                                                      |   |                   | (273       | ) |   |   | (1 | ) |
|     Increase(decrease) in accounts payable                                                                                                                                                                                            |   |                   | 342        |   |   |   | (386 | ) |
|     Decrease in accrued compensation                                                                                                                                                                                                  |   |                   | (123       | ) |   |   | (279 | ) |
|     Increase(decrease) in other accrued liabilities                                                                                                                                                                                   |   |                   | 11         |   |   |   | (136 | ) |
|     Increase in income taxes payable                                                                                                                                                                                                  |   |                   |  260  |   |   |   |  216 |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
|                                  Net cash provided by (used in) operating activities |   |                   |  (708 | ) |   |   |  610 |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                                                                                                                                                                                     |   |                   |       |   |   |   |   |   |
|         Additions to property, plant and equipment                                                                                                                                                                |   |                   | (152       | ) |   |   | (105 | ) |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
|                          Net cash used in investing activities                                                               |   |                   | (152       | ) |   |   | (105 | ) |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
|          Cash dividend                                                                                                                                                                                       |   |                   |  (258 | ) |   |   |  (258 | ) |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
|                                   Net cash used in financing activities         |   |                   | (258       | ) |   |   | (258 | ) |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| Net change in cash and cash equivalents                                                                                                                                                                                                                   |   |                   | (1,118     | ) |   |   | 247 |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| Cash and Cash Equivalents at beginning of period                                                                                                                                                                                                          |   |                   | 6,802      |   |   |   | 6,522 |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| Cash and Cash Equivalents at end of period                                                                                                                                                                                                                |   | $                      | 5,684      |   |   | $ | 6,769 |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
| Supplemental Cash Flow Disclosure                                                                                                                                                                                                                    |   |                   |       |   |   |   |   |   |
|                                                                                                                                                                                                                                                      |   |                   |       |   |   |   |   |   |
|          Cash paid for income taxes                                                                                                                                                                          |   | $                      | 13         |   |   | $ | 0 |   |

----

|   | Buildings               | 15   |
|--------|-------------------------|------|
|   | Facility improvements   | 8-15 |
|   | Machinery and equipment | 5-10 |
|   | Furniture and fixtures  | 5-8  |

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|                                                                                                                                                                                                                                            |   | Three months ended |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|--------|
|                                                                                                                                                                                                                                            |   | 2/27/2010          |   |   | 2/28/2009 |   |
| NET SALES                                                                                                                                                                                                                                       |   |               | 100.0  | % |   |   | 100.0 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
| COST AND EXPENSES:                                                                                                                                                                                                                              |   |               |   |   |   |   |   |   |
|     Cost of Goods Sold                                                                                                                                                                                                      |   |               | 61.7   | % |   |   | 69.4 | % |
|     Research and development                                                                                                                                                                                                |   |               | 3.2    | % |   |   | 1.7 | % |
|     Selling, general & administrative expenses                                                                                                                                                                          |   |               | 20.3   | % |   |   | 16.9 | % |
|                                     Total cost and expenses |   |               | 85.2   | % |   |   | 88.0 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
| OPERATING INCOME BEFORE INTEREST                                                                                                                                                                                                                |   |               |   |   |   |   |   |   |
|            AND INCOME TAXES                                                                                                                                                              |   |               | 14.8   | % |   |   | 12.0 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
|     Interest and other income                                                                                                                                                                                               |   |               | 1.8    | % |   |   | 0.3 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
| INCOME BEFORE TAXES                                                                                                                                                                                                                             |   |               | 16.6   | % |   |   | 12.3 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
|     Provision for taxes                                                                                                                                                                                                     |   |               | 6.0    | % |   |   | 4.4 | % |
|                                                                                                                                                                                                                                            |   |               |   |   |   |   |   |   |
| NET INCOME                                                                                                                                                                                                                                      |   |               | 10.6   | % |   |   | 7.9 | % |

----

----

| (a)   | Evaluation of disclosure controls and procedures. |
|-----------------|---------------------------------------------------|

| (b)   | Changes in internal controls. |
|-----------------|-------------------------------|

| ITEM 1. | LEGAL PROCEEDINGS |
|---------|-------------------|

|   | The Company is not involved in any material current or pending legal proceedings. |
|--------|-----------------------------------------------------------------------------------|

| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |
|---------|-------------------------------------------------------------|

|   | None |
|--------|------|

| ITEM 3. | DEFAULTS UPON SENIOR SECURITIES |
|---------|---------------------------------|

----

|   | 31.1   | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes- Oxley Act of 2002                                                   |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | 31.2   | Certification of Chief Accounting Officer pursuant to Section 302 of the  Sarbanes- Oxley Act of 2002                                            |
|   | 32.1   | Certification of Chief Executive Officer pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley act of 2002.    |
|   | 32.2   | Certification of Chief Accounting Officer pursuant to 18 U. S. C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley act of 2002. |
|   |   |                                                                                                                                                  |

|   | Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | MICROPAC INDUSTRIES, INC. |
|--------|---------------------------|

| April 12, 2010 | /s/ Mark King |
|----------------|---------------|

| Date | Mark KingChief Executive Officer |
|------|----------------------------------|

| April 12, 2010 | /s/ Patrick Cefalu |
|----------------|--------------------|

| Date | Patrick CefaluChief Financial Officer |   |
|------|---------------------------------------|--------|

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