QuesTech Inc. and Subsidiaries Exhibit (11) - Statement Re: Computation of Earnings Per Share Three Months Ended Nine Months Ended September 30 September 30 1996 1995 1996 1995 Primary: Average Shares Outstanding 1,347,722 1,345,353 1,351,274 1,354,671 Net effect of dilutive stock options-based on the treasury stock method using average market price 91,329 77,280 132,847 69,712 Increase in outstanding shares 75,702 6,361 32,125 3,325 Weighted Average Number of Shares 1,514,753 1,428,994 1,516,246 1,427,708 Net Income $114,000 $98,100 $392,600 $337,500 Earnings per share, primary $0.08 $0.07 $0.26 $0.24 Fully diluted: Average Shares Outstanding 1,347,722 1,345,353 1,351,274 1,354,671 Net effect of dilutive stock options-based on the treasury stock method using average market price 94,322 166,575 136,143 174,443 Increase in outstanding shares 75,702 6,361 32,125 3,325 Totals 1,517,746 1,518,289 1,519,542 1,532,439 Net Income $114,000 $98,100 $392,600 $337,500 Earnings per share, fully diluted $0.08 $0.06 $0.26 $0.22