content: 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):January 18, 2007
  
  
                            HALIFAX CORPORATION
          (Exact name of registrant as specified in its charter)
  
  
         Virginia            1-08964               54-0829246
    (State or other       (Commission File      (I.R.S. Employer
    jurisdiction of           Number)         Identification No.)
     incorporation)
  
          5250 Cherokee Avenue, Alexandria, Virginia        22312
         (Address of principal executive offices)      (Zip Code)
  
  Registrant's telephone number, including area code:  (703) 658-2400
  
                           N/A
  Former name, former address, and former fiscal year, if changed since
  last report
  
  Check  the appropriate box below if the Form 8-K filing is intended  to
  satisfy  the  filing  obligation of the registrant  under  any  of  the
  following provisions:
  
  [ ]  Written communications pursuant to Rule 425 under the Securities
       Act (17 CFR 230.425)
  
  [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
       Act (17 CFR 240.14a-12)
  
  [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under
       the Exchange Act(17 CFR 240.14d-2(b))
  
  [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under
       the Exchange Act (17 CFR 240.13e-4(c))
  <PAGE>
  FORWARD LOOKING STATEMENTS
  
       This document may include a number of "forward-looking statements"
  as that term is defined in Section 27A of the Securities Act of 1933,
  as amended, and Section 21E of the Securities Exchange Act of 1934, as
  amended.  These statements reflect management's current views with
  respect to future events and financial performance and include
  statements regarding management's intent, belief or current
  expectations, which are based upon assumptions about future conditions
  that may prove to be inaccurate.  Prospective investors are cautioned
  that any such forward-looking statements are not guarantees of future
  performance, involve risk and uncertainties, and that as a result,
  actual results may differ materially from those contemplated by such
  forward-looking statements.  Such risks include, among other things,
  the concentration of revenues, risks involved in contracting with our
  customers, including the difficulty to accurately estimate costs when
  bidding on a contract and the occurrence of start-up costs prior to
  receiving revenues and contracts with fixed price provisions, potential
  conflicts of interest, difficulties we may have in attracting and
  retaining management, professional and administrative staff,
  fluctuation in quarterly results, our ability to generate new business,
  our ability to maintain an effective system of internal controls, risks
  related to acquisitions and our acquisition strategy, continued
  favorable banking relationships, the availability of capital to finance
  operations and planned growth and ability to make payments on
  outstanding indebtedness, weakened economic conditions, reduced end-
  user purchases relative to expectations, pricing pressures, excess and
  obsolete inventory, acts of terrorism, energy prices, risks related to
  competition and our ability to continue to perform efficiently on
  contracts, and other risks and factors identified from time to time in
  the reports we file with the SEC.  When considering forward-looking
  statements, readers are urged to carefully review and consider the
  various disclosures, including risk factors and their cautionary
  statements, made by us in this document and in our reports filed with
  the Securities and Exchange Commission.
  
  ITEM 4.02(a)  Non-Reliance on Previously Issued Financial Statements or
  a Related Audit Report or Completed Interim Review.
  
       On January 18, 2007, management of Halifax Corporation (the
  "Company") completed its review and determined that a restatement of
  its annual report filed on Form 10-K for the year ended March 31, 2006
  and quarterly reports for the quarters ended June 30, 2005, September
  30, 2005 and December 31, 2005 was necessary. As the company previously
  disclosed in Note 2 of its financial statements included with its Form
  10-Q for the period ended September 30, 2006, the Company identified an
  inconsistency in its original reporting of the sale of its Secure
  Network Servicing ("SNS") division.  In applying the guidance contained
  in paragraph 39 of SFAS No. 142 in recording the gain on sale for this
  transaction, goodwill should have been allocated to the Company's basis
  in SNS based on its relative fair value.  The effect of this adjustment
  would have been to reduce the loss from continuing operations from
  approximately $4.5 million ($1.41 per share) to $1.3 million ($0.40 per
  share), as there would not have been an impairment of goodwill, with an
  offsetting reduction of the related gain on sale (which is classified
  as discontinued operations) from approximately $5.7 million ($1.80 per
  share) to $2.5 million ($0.79 per share).  Net income as reported for
  the year or for any of the quarters during the year ended March 31,
  2006 did not change as a result of these adjustments.
  
  
       The Company's audit committee discussed these matters with the
  Company's independent accountants.  Accordingly, the Company's
  consolidated financial statements included in the Company's annual
  report on Form 10-K for the year ended March 31, 2006 and quarterly
  reports for the quarters within the fiscal year( the "Reports") should
  no longer be relied upon and  the Reports will be restated to reflect
  the appropriate classification of the above items.  The Company will
  file the appropriate amendments to the Reports to effect these
  restatements.
  
  ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
  
       (c)  Exhibits
  
            None
  
  
  
  
  
  
  <PAGE>
  
                                 SIGNATURE
  
  
  
  
  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.
  
                                     HALIFAX CORPORATION
  
  
  
  Date:  January 24, 2007       By:  /s/Joseph Sciacca
                                     Joseph Sciacca
                                     Vice President, Finance & CFO
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "f8kja24e.txt", "secsgml_size_bytes": 6439}]
metadata_filer: {"company-data": {"conformed-name": "HALIFAX CORP", "cik": "0000720671", "assigned-sic": "7370", "irs-number": "540829246", "state-of-incorporation": "VA", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08964", "film-number": "07550488"}, "business-address": {"street1": "5250 CHEROKEE AVE", "city": "ALEXANDRIA", "state": "VA", "zip": "22312", "phone": "7037502202"}, "mail-address": {"street1": "5250 CHEROKEE AVENUE", "city": "ALEXANDRIA", "state": "VA", "zip": "22312"}, "former-company": {"former-conformed-name": "HALIFAX ENGINEERING INC/VA", "date-changed": "19911204"}}
text: 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):January 18, 2007
  
                            HALIFAX CORPORATION
          (Exact name of registrant as specified in its charter)
  
         Virginia            1-08964               54-0829246
    (State or other       (Commission File      (I.R.S. Employer
    jurisdiction of           Number)         Identification No.)
     incorporation)
  
          5250 Cherokee Avenue, Alexandria, Virginia        22312
         (Address of principal executive offices)      (Zip Code)
  
  Registrant's telephone number, including area code:  (703) 658-2400
  
                           N/A
  Former name, former address, and former fiscal year, if changed since
  last report
  
  Check  the appropriate box below if the Form 8-K filing is intended  to
  satisfy  the  filing  obligation of the registrant  under  any  of  the
  following provisions:
  
  [ ]  Written communications pursuant to Rule 425 under the Securities
       Act (17 CFR 230.425)
  
  [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
       Act (17 CFR 240.14a-12)
  
  [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under
       the Exchange Act(17 CFR 240.14d-2(b))
  
  [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under
       the Exchange Act (17 CFR 240.13e-4(c))
  FORWARD LOOKING STATEMENTS
  
       This document may include a number of "forward-looking statements"
  as that term is defined in Section 27A of the Securities Act of 1933,
  as amended, and Section 21E of the Securities Exchange Act of 1934, as
  amended.  These statements reflect management's current views with
  respect to future events and financial performance and include
  statements regarding management's intent, belief or current
  expectations, which are based upon assumptions about future conditions
  that may prove to be inaccurate.  Prospective investors are cautioned
  that any such forward-looking statements are not guarantees of future
  performance, involve risk and uncertainties, and that as a result,
  actual results may differ materially from those contemplated by such
  forward-looking statements.  Such risks include, among other things,
  the concentration of revenues, risks involved in contracting with our
  customers, including the difficulty to accurately estimate costs when
  bidding on a contract and the occurrence of start-up costs prior to
  receiving revenues and contracts with fixed price provisions, potential
  conflicts of interest, difficulties we may have in attracting and
  retaining management, professional and administrative staff,
  fluctuation in quarterly results, our ability to generate new business,
  our ability to maintain an effective system of internal controls, risks
  related to acquisitions and our acquisition strategy, continued
  favorable banking relationships, the availability of capital to finance
  operations and planned growth and ability to make payments on
  outstanding indebtedness, weakened economic conditions, reduced end-
  user purchases relative to expectations, pricing pressures, excess and
  obsolete inventory, acts of terrorism, energy prices, risks related to
  competition and our ability to continue to perform efficiently on
  contracts, and other risks and factors identified from time to time in
  the reports we file with the SEC.  When considering forward-looking
  statements, readers are urged to carefully review and consider the
  various disclosures, including risk factors and their cautionary
  statements, made by us in this document and in our reports filed with
  the Securities and Exchange Commission.
  
  ITEM 4.02(a)  Non-Reliance on Previously Issued Financial Statements or
  a Related Audit Report or Completed Interim Review.
  
       On January 18, 2007, management of Halifax Corporation (the
  "Company") completed its review and determined that a restatement of
  its annual report filed on Form 10-K for the year ended March 31, 2006
  and quarterly reports for the quarters ended June 30, 2005, September
  30, 2005 and December 31, 2005 was necessary. As the company previously
  disclosed in Note 2 of its financial statements included with its Form
  10-Q for the period ended September 30, 2006, the Company identified an
  inconsistency in its original reporting of the sale of its Secure
  Network Servicing ("SNS") division.  In applying the guidance contained
  in paragraph 39 of SFAS No. 142 in recording the gain on sale for this
  transaction, goodwill should have been allocated to the Company's basis
  in SNS based on its relative fair value.  The effect of this adjustment
  would have been to reduce the loss from continuing operations from
  approximately $4.5 million ($1.41 per share) to $1.3 million ($0.40 per
  share), as there would not have been an impairment of goodwill, with an
  offsetting reduction of the related gain on sale (which is classified
  as discontinued operations) from approximately $5.7 million ($1.80 per
  share) to $2.5 million ($0.79 per share).  Net income as reported for
  the year or for any of the quarters during the year ended March 31,
  2006 did not change as a result of these adjustments.
  
       The Company's audit committee discussed these matters with the
  Company's independent accountants.  Accordingly, the Company's
  consolidated financial statements included in the Company's annual
  report on Form 10-K for the year ended March 31, 2006 and quarterly
  reports for the quarters within the fiscal year( the "Reports") should
  no longer be relied upon and  the Reports will be restated to reflect
  the appropriate classification of the above items.  The Company will
  file the appropriate amendments to the Reports to effect these
  restatements.
  
  ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
  
       (c)  Exhibits
  
            None
  SIGNATURE
  
  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.
  
                                     HALIFAX CORPORATION
  
  Date:  January 24, 2007       By:  /s/Joseph Sciacca
                                     Joseph Sciacca
                                     Vice President, Finance & CFO