SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 9, 2002 Commission File No 0-2892 THE DEWEY ELECTRONICS CORPORATION A New York Corporation I.R.S. Employer Identification No. 13-1803974 27 Muller Road Oakland, New Jersey 07436 (201) 337-4700 Item 5. Other Events and Regulation FD Disclosure On December 6, 2002 The Dewey Electronics Corporation (the "Company") issued the following press release: OAKLAND, N.J., December 6, 2002 - The Dewey Electronics Corporation (OTC:DEWY.OB) held its annual stockholders' meeting on December 4, 2002 in Oakland, New Jersey. Stockholders voted to re-elect the Company's existing Board Members including Alexander A. Cameron, Frances D. Dewey, John H.D. Dewey, James M. Link and Nathaniel Roberts. Dewey Electronics also announced that its Board of Directors (other than Frances Dewey and John Dewey, who did not participate) has unanimously elected John Dewey to the office of President and Chief Executive Officer of the Company. Mr. Dewey had been serving as Acting Chief Executive Officer since June 2002, following the death of Gordon C. Dewey, the Company's founder. Also, the Company announced that on November 29, 2002 it had made a voluntary principal reduction payment of $500,000 towards its mortgage debt. This reduced its mortgage balance to approximately $425,000. Mr. Dewey said: "On behalf of the Board of Directors, I would like to thank our shareholders for their support. The Board and management are committed to the future of Dewey Electronics. We continue to seek to strengthen and grow our business and enhance shareholder value. Within our defense segment the Company is following a strategy to expand its capabilities and business in the small portable diesel power generation market. The Board is also engaged in an evaluation of the Company's Hedco snowmaking division and is continuing to actively pursue ways of monetizing the undeveloped real estate owned by the Company, including its sale and/or development." SIGNATURES 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 hereunto duly authorized. THE DEWEY ELECTRONICS CORPORATION Date: December 9, 2002 /s/ Thom A. Velto, Treasurer Principal Accounting Officer