5

THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE GRAHAM CORPORATION CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS AND RETAINED EARNINGS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

1,000 3-MOS DEC-31-1995 MAR-31-1995 83 0 9,238 0 6,453 17,129 23,734 14,222 28,488 10,070 5,446 105 0 0 7,071 28,488 9,305 9,305 6,805 6,805 0 0 167 27 8 19 0 0 0 19 .02 .02