QuesTech, Inc. and Subsidiaries Exhibit 11 - Statement Re: Computation of Per-Share Earnings Year Ended December 31 1995 1994 1993 Net Income $ 520,100 $ 317,800 $ <285,600> Primary Earnings: Shares Weighted average number of common shares outstanding .... 1,556,508 1,568,000 1,568,000 Common stock equivalents ....... 135,459 50,386 -- SECT shares, weighted .......... <207,287> <221,792> <608> Weighted average number of common shares outstanding as adjusted .................. 1,484,680 1,396,594 1,567,392 Primary earnings per common share: $ 0.35 $ 0.23 $ <0.18> Fully Diluted Earnings: Shares Weighted average number of common shares outstanding .... 1,556,508 1,568,000 1,568,000 Common stock equivalents ....... 190,987 64,694 -- SECT shares .................... <207,287> <221,792> <608> Weighted average number of common shares outstanding as adjusted .................. 1,540,208 1,410,902 1,567,392 Fully diluted earnings per common share: $ 0.34 $ 0.23 $ <0.18>