MIKROS SYSTEMS CORPORATION 3490 U.S. Route #1, Bldg. #5 Princeton, NJ 08540 (609) 987-1513 June 26, 1996 SECURITIES AND EXCHANGE COMMISSION 450 5th Street, NW Judiciary Plaza Washington, DC 20549 RE: MIKROS SYSTEMS CORPORATION/10K-A, Exhibit 27 Dear Sirs: Pursuant to the Securities Exchange Act of 1934, as amended, Mikros Systems Corporation, a Delaware corporation (the "Corporation"), hereby encloses herewith the Financial Data Schedule (Exhibit 27) for the fiscal year ended December 31, 1995. This filing is being effected by direct transmission to the Securities and Exchange Commission's (the "Commission") EDGAR System. If you have any questions or comments concerning this filing, kindly contact the undersigned. Very truly yours, /s/ Joseph R. Benek - -------------------- Joseph R. Benek Vice President Finance & Treasurer Enc. [ARTICLE] 5 [PERIOD-TYPE] YEAR [FISCAL-YEAR-END] DEC-31-1995 [PERIOD-END] DEC-31-1995 [CASH] 77,276 [SECURITIES] 0 [RECEIVABLES] 118,153 [ALLOWANCES] 0 [INVENTORY] 76,321 [CURRENT-ASSETS] 283,309 [PP&E] 637,012 [DEPRECIATION] 465,955 [TOTAL-ASSETS] 546,995 [CURRENT-LIABILITIES] 604,527 [BONDS] 0 [PREFERRED-MANDATORY] 80,450 [PREFERRED] 28,266 [COMMON] 73,521 [OTHER-SE] (582,638) [TOTAL-LIABILITY-AND-EQUITY] 546,995 [SALES] 3,379,897 [TOTAL-REVENUES] 3,379,897 [CGS] 2,876,041 [TOTAL-COSTS] 2,876,041 [OTHER-EXPENSES] 1,094,045 [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 57,334 [INCOME-PRETAX] (647,523) [INCOME-TAX] 150 [INCOME-CONTINUING] (647,673) [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] (647,673) [EPS-PRIMARY] (.10) [EPS-DILUTED] (.10)