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dewey electronics corp (DEWY) Snapshot

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03/17/14 - $2.30
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09/27/13 - $1.70
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dewey electronics corp (DEWY) Details

The Dewey Electronics Corporation designs, develops, manufactures, and sells systems oriented military electronics with a focus on compact diesel power generation solutions. The company’s products include electronic and electromechanical systems that include 2 kilowatt diesel operated tactical generator sets for the armed forces of the United States. It also provides replacement parts for snowmaking equipment; and speed and measurement instrumentation products for the U.S. Navy and other contractors, such as shipbuilders, as well as is involved in the research and development of diesel generator sets in the 2 to 10 kilowatt power range. The Dewey Electronics Corporation was founded in 1955 and is based in Oakland, New Jersey.

dewey electronics corp (DEWY) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $193.6K
Senior Vice President
Total Annual Compensation: $149.6K
Total Annual Compensation: $155.5K
Compensation as of Fiscal Year 2013.

dewey electronics corp (DEWY) Key Developments

Dana P. Hollis Vice President, Business Development/Program Management Leaves The Dewey Electronics Corporation

On February 14, 2014, Dana P. Hollis left his employment with The Dewey Electronics Corporation. Hollis had been Vice President, Business Development/Program Management.

The Dewey Electronics Corporation Announces Modification of Line of Credit

On April 27, 2009 The Dewey Electronics Corporation entered into a $500,000 line of credit with TD Bank, NA. On November 2, 2011, the company and the Bank entered into a modification of the Line of Credit, effective as of October 31, 2011, which reduced the maximum borrowing amount to $375,000, removed the minimum interest rate of 4.25% on outstanding borrowings and extended the Line of Credit to November 30, 2012. On November 16, 2012, the company and the Bank entered into a further modification of the Line of Credit, effective as of November 30, 2012, which returned the maximum borrowing amount to $500,000 and extended the Line of Credit to November 30, 2013. No other terms of the company's revolving term note to the Bank (previously amended and restated as of October 31, 2011) were changed.

The Dewey Electronics Corporation, Annual General Meeting, Dec 06, 2012

The Dewey Electronics Corporation, Annual General Meeting, Dec 06, 2012., at 09:00 US Eastern Standard Time. Location: 27 Muller Road. Agenda: To consider election of five directors to serve until the next annual meeting of stockholders and until their successors shall be elected and shall qualify; and to consider transacting such other business as may properly come before the meeting or any adjournment or adjournments thereof.


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