UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

---------------------------

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) November 2, 2011

THE DEWEY ELECTRONICS CORPORATION.
(Exact name of registrant as specified in its charter)


New York
(State or other jurisdiction of incorporation)

0-2892
(Commission File Number)

13-1803974
(I.R.S. Employer  Identification Number)


27 Muller Road
Oakland, New Jersey
(address of principal executive offices)

07436
(Zip Code)


Registrant's telephone number, including area code: (201) 337-4700


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

__Written communications pursuant to Rule 425 under the Securities Act
__Soliciting material pursuant to Rule 14a-12 under the Exchange Act
__Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
__Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act










Item 1.01  Entry into a Material Definitive Agreement.


On April 27, 2009 the Dewey Electronics Corporation (the "Company") entered
Into a $500,000 line of credit with TD Bank, NA. (See Note 10 of the Notes to
Financial Statements in the Company's Form 10-K for the fiscal year ended June
30, 2011 ). On November 2, 2011, the Company and TD Bank entered into a
modification of this line of credit, effective as of October 31, 2011, which
reduced the maximum borrowing amount to $375,000 and extended this line of
credit to November 30, 2012. No other terms of the Company's April 27, 2009
revolving term note to TD Bank were changed. As of the date of this Form 8-K
the Company has no outstanding debt against this line of credit.



Item 2.03.  Creation of a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement of a Registrant.

See Item 1.01.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                          THE DEWEY ELECTRONICS CORPORATION

November 7, 2011      /s/ John H. D. Dewey
                          John H. D. Dewey
                          President and Chief Executive Officer