Essex awarded GSA contract.Essex Corporation (AMEX AMEX
See: American Stock Exchange :EYW EYW Key West, FL, USA (Airport Code) ), through its wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. , Sensys Development Laboratories, Inc. (SDL (Specification and Description Language) A modeling language used to describe real time systems. It is widely used to model state machines in the telecommunications, aviation, automotive and medical industries. ), has been awarded a five year contract by the General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) for Information Technology (IT) Professional Services. Essex is a technology and product innovator, skilled in optical engineering, processing, and communications.
Under this contract, Essex can provide a range of IT professional services (including systems engineering, signal intelligence engineering, software engineering and programming services) to all elements of the Federal Government, state and local governments based on an approved price list. The General Services Administration provides and contracts for products and services throughout the Federal Government. It gives Ordering Officials an efficient and effective way to get work started at fair and reasonable pricing, without the need for further competitive procurement action.
"This contract will allow customers to quickly and easily get Essex support for both on-going requirements and for quick response to tough problems," said Leonard Moodispaw, CEO/President of Essex Corporation. "This contract will add more smart revenue and greater flexibility as we expand the professional services component of our business. It will be particularly important to our defense and intelligence customers and their national priority initiatives."
About Essex: Founded in 1969 with headquarters in Columbia, MD, Essex creates solutions for today's most advanced signal and image processing challenges, serving commercial, defense and intelligence customers.