Mikros Systems Corporation announced earnings results for the first quarter of 2017. For the quarter, the company reported revenues of $1,754,973 as compared to $987,929 for the first quarter of 2016, an increase of $767,044 or 78%. Net income was $90,307 as compared to $1,846 for the first quarter of 2016. The increases in profits and Revenues were largely the result of a new production order for the company's ADEPT systems and the receipt of six additional contracts for engineering services, support, repairs, and calibration services for the US Navy.

The company continues to generate additional delivery orders under the contracts and the company expects increases in both revenue and net profit through the balance of the year.