UNITED STATES
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 (Date of earliest event reported) August 16, 2007
THE DEWEY ELECTRONICS CORPORATION.
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
0-2892
(Commission File Number)
13-1803974
(I.R.S. Employer Identification Number)
27 Muller Road
Oakland, New Jersey
(address of principal executive offices)
07436
(Zip Code)
Registrant's telephone number, including area code: (201) 337-4700
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
__Written communications pursuant to Rule 425 under the Securities Act
__Soliciting material pursuant to Rule 14a-12 under the Exchange Act
__Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
__Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
Item 8.01 Other Events.
On August 16, 2007 The Dewey Electronics Corporation (the "Company") announced
the receipt of a new contract to provide auxiliary power systems for the United
States Marine Corps "Logistic Vehicle." A copy of the Company's press release
is attached as Exhibit 99.1 and incorporated by reference herein.
Item 9.01. Exhibits
99.1 Press Release of the Company dated August 16, 2007.
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: August 20, 2007 /s/ John H. D. Dewey
John H. D. Dewey
President and Chief Executive Officer
INDEX TO EXHIBITS
Exhibit Number Description
99.1 Press Release of The Dewey Electronics Corporation, dated
August 16, 2007
FOR: THE DEWEY ELECTRONICS CORPORATION
27 Muller Road
Oakland, NJ 07436
KCSA Joseph A. Mansi / Garth Russell
CONTACT: (212) 896-1205 / (212) 896-1250
jmansi@kcsa.com / grussell@kcsa.com
www.kcsa.com
FOR IMMEDIATE RELEASE
THE DEWEY ELECTRONICS CORPORATION RECEIVES CONTRACT FOR U.S.
MARINE CORPS 'LOGISTIC VEHICLE' AUXILIARY POWER SYSTEMS
Oakland, NJ, August 16, 2007 - The Dewey Electronics Corporation (OTCBB: DEWY)
announced today the receipt of a new contract to provide auxiliary power systems
for the United States Marine Corps (USMC) 'Logistic Vehicle'. This contract,
awarded by the USMC Systems Command, Quantico, VA, consists of a base year and
three option years. The initial delivery order for the Logistic Vehicle Power
System (LVPS), valued at approximately $2.4 million, has been received with an
accelerated delivery of 150 days. The LVPS is a diesel-powered 3.5 kilowatt 28
volt DC generator, providing power to equipment that protects against improvised
explosive devices.
The LVPS production award follows the recent receipt of a contract to develop an
armored 3 kilowatt 28 volt DC auxiliary power unit than can be mounted on the
back of the USMC main battle tank, the Abrams M1A1. The development contract,
for $550,000, was awarded by the USMC Tank Program Office, also in Quantico, VA,
through a sub-contract administered by CACI, Eatontown, NJ, and has the
possibility of a follow-on production contract.
"These two events mark a significant entry into the military vehicle auxiliary
power unit (APU) market for Dewey Electronics," said Dana Hollis, Vice
President, Business Development and Program Management of Dewey Electronics.
"The LVPS is an addition to the Dewey product lines that will provide USMC
vehicles with auxiliary 28 volt DC power to support their critical missions."
John Dewey, President and CEO of Dewey Electronics, added, "I am proud of the
Company and this extension of our product line of rugged military open frame 2
kilowatt diesel generators. I am also proud of the excellent work of our
employees, our partners and our vendors."
The Company continues to supply 2 kilowatt tactical portable diesel operated
generators to the US Army, USMC and other Department of Defense agencies. The
2 kilowatt generator sets provides either 28 volt DC or 120 volt AC portable
power for multi-applications.
About The Dewey Electronics Corporation
The Dewey Electronic Corporation, founded in 1955, is a diversified manufacturer
of sophisticated electronic and electromechanical systems for the military.
Visit our website at www.deweyelectronics.com.
This release contains forward-looking statements as defined in Section 21E of
the Securities and Exchange Act of 1934, including statements about future
business operations, financial performance and market conditions. Such
forward-looking statements involve risks and uncertainties including those
involved in the Company's dependence upon its Department of Defense business,
as further described in our filings under the Securities Exchange Act.