Allied Research Corp.Income for this Baltimore-based maker...

BY THE NUMBERS

July 29, 1992

Allied Research Corp.

Income for this Baltimore-based maker of conventional ammunition and weapons systems nearly doubled during the quarter that ended June 30.

The improved earnings were the result of several sizable contracts the company received last year. Reinald W. Carter, chairman and chief executive, said the profits were in line with the company's projections and that he expects the strong performance to continue throughout the year.

"As regional tensions continue," he said in a statement, "it is our belief that the demand will also remain for conventional weapons that are designed for defensive purposes."

Three months ended 6/30/92

....Revenue... .... .... Net.... .... .... Share

'92 54,117,000 ... ... .3,665,000... ... 0.85

'91 24,797,000... ... ..1,844,000... ... 0.43

% change +118.2 ... ... .+98.8... ... ... . +97.7

Six months ended 6/30/92

....Revenue... .... .... Net.... .... .... Share

'92 110,806,000... ... 8,972,000... ... 2.09

'91 42,371,000... ... 3,437,000... ... 0.81

% change +161.5... ... . +161.0 ... ... ...+158.0

Biospherics Inc.

This Beltsville company reported an increase in earnings to $222,810 in the second quarter, which ended June 30, in contrast to a loss of $3,910 in the same period a year earlier.

The company's revenues increased slightly, to $4.2 million, for the second quarter.

Biospherics provides a range of environmental and information services, but the focus of the company has been in developing a low-calorie sugar substitute that can be used in baking.

Three months ended 6/30/92

....Revenue... .... .... Net.... .... .... Share

'92 4,220,249... ... .. 222,810... ... . .06

'91 4,161,134... ... .. (3,910)... ... . 0.00

% change +1.4... ... ... --... ... ... ... --

Six months ended 7/30/92

....Revenue... .... .... Net.... .... .... Share

'92 8,020,064... ... .. 333,658... ... ...09

'91 7,670,227... ... .. (176,964)... ... (.05)

% change +4.6... ... ... . -- ... ... ... .--

UNC Inc.

This Annapolis-based aviation-services company reported a sharp rise in second-quarter earnings resulting primarily to lower interest expense on its debt.

Operating income amounted to $6.5 million for the most recent three months, up from $6.3 million.

UNC reported interest expense related to its debt of $2.9 million, down from $4.4 million in the same period last year.

"We are very pleased with our second quarter and first half results and the progress UNC has made in 1992, especially in light of the extremely slow pace of the economic recovery," Dan A. Colussy, chairman and chief executive of UNC, said in a statement.

Three months ended 6/30/92

....Revenue... .... .... Net.... .... .... Share

'92 87,563,000... ... 2,894,000... ... 0.17

'91 87,197,000... ... 1,521,000... ... 0.09

% change +0.4... ... ... +90.3... ... ... +88.9

Six months ended 6/30/92

....Revenue... .... .... Net.... .... .... Share

'92 173,748,000... ... 5,130,000... ... 0.30

'91 172,734,000... ... 2,964,000... ... 0.17

% change +0.6... ... ... +73.1... ... .... +76.5

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