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ESSEX CORPORATION REPORTS PROGRESS TOWARD DOE CONTRACT

 COLUMBIA, Md., June 9 /PRNewswire/ -- Essex Corporation (NASDAQ-NMS: ESEX) today reported additional developments on the award of its recently announced five-year, $14.2 million training and support contract with the Department of Energy (DOE) Transportation Safeguards Division. As reported earlier, start of work was delayed by a protest of the award which was filed by an unsuccessful bidder. The company has received a copy of a letter from the Department of Energy (DOE) to the General Accounting Office (GAO) recommending denial of the protest "for lack of merit." The matter is now in the hands of GAO for final resolution, which the company believes will be both favorable and prompt.
 Essex Corporation is a publicly traded, technology-based company supplying training/counter human-error products and services and signal/image processing apparatus to government and industry.
 -0- 6/9/93
 /CONTACT: Harry Letaw Jr., chairman and CEO, Essex Corporation, 410-730-1097/
 (ESEX)


CO: Essex Corporation; Department of Energy ST: Maryland IN: CPR SU: CON

MH-TW -- DC019 -- 0177 06/09/93 13:03 EST
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Publication:PR Newswire
Date:Jun 9, 1993
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