Aircraft product sales were up 37%, at $22 million and continue to be the largest product line in the Components Group. Of the $22 million about 30% is aftermarket. The largest single program continues to be Blackhawk, at $1.6 million, including both OEM production and robust aftermarket activity.

Northrop's Guardian system, a large aircraft infrared counter measure system, generated about $1 million in sales in the quarter. This is the anti-missile system used on the C-17, the C-130 and the MH-53 helicopter.

We delivered about $800,000 worth of slip rings for use on the FLIR system for the F-18 and a similar amount for Raytheon on the multi-spectral target acquisition system used on the Predator and the Blackhawk.

Space and Defense sales at $9.6 million were up 35% from a year ago. The largest program is an upgrade on the Bradley fighting vehicle, on which we supply a number of components for the commander's independent viewer, a slip ring for the turret, and motors used in the target acquisition system. The Armored Security Vehicle built by Textron is also a major production program.

In the quarter, sales in the marine market tripled from $2 million a year ago to over $6 million in this fourth quarter. Our marine sales are greatly influenced by deep-ocean oil prospecting and production. These efforts generate demand for slip rings used on remotely operated vehicles and floating platform storage facilities.

Sales of components for use in medical applications were up quarter-over-quarter by 16% to almost $12 million. We saw a modest increase in the shipment of motors to Respironics for their sleep apnea equipment, but the more dramatic increase was in slip rings for CT Scan machines.

Industrial sales were also up a remarkable 36% to just over $12 million. These sales represent a wide variety of products used in a broad range of markets. One of the fastest growing markets is commercial slip rings used in closed circuit TV surveillance systems.

Components FY'06

Fiscal '06 was a fantastic year for the Components Group. Sales were up $81 million or 52% to $238 million. Our Components Group was established at the beginning of our fiscal '04 when we acquired the Litton Poly Scientific Division of Northrop Grumman. It was a $130 million business. Over the three-year period since then, sales have grown by $108 million, about half of which is attributable to the acquisition from Kaydon.

In fiscal '06, aircraft sales were up 28% to $78 million. About three-quarters are military aircraft products and the rest commercial. Space and defense was up $19 million or 84% to a total of $43 million. Most of the growth was in military vehicles.