The Lyot project is a near-infrared coronagraph used at the Advanced Electro-Optical System at the Maui Space Surveilance System. The project consists of a survey of nearby stars for faint companions and disks. The coronagraph was designed and optimized to take advantage of the world's highest order astronomical adaptive optics system with 941 actuators, enabling near-IR observations at very high Strehl Ratios. Since first light in March 2004, a polarimetry mode was added in 2005. I will discuss the performance of the AO system and coronagraph, the dynamic range limitations, and present some results.