TABLE OF CONTENTS:

Financial Highlights Selected Financial Data Fellow Shareholders Aerospace Products Independent Auditors' Report Consolidated Balance Sheets Statements of Consolidated Operation Statements of Consolidated Cash Flows Statements of Consolidated Stockholders' Equity (Deficit) Notes to Consolidated Financial Statements         Items 1 - 5         Items 6 - 8         Items 9 - 15 Management’s Discussion and Analysis of Financial Condition and Results of Operations Corporate Information