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MARTIN MARIETTA AND SBS ANNOUNCE SETTLEMENT OF LAWSUIT

 ALBUQUERQUE, N.M., Sept. 21 /PRNewswire/ -- Martin Marietta Corp. and SBS Engineering Inc. (NASDAQ: SBSE), announced that they have amicably settled the lawsuit originally instituted by SBS against General Electric Co. in the United States District Court in Albuquerque. Defense of the suit was assumed by Martin Marietta when it acquired GE's aerospace unit. Subsequently, Martin Marietta filed counterclaims against SBS for breaches and defaults of relevant contracts. The settlement includes all issues between the two companies.
 SBS Engineering common stock is traded on NASDAQ under the symbol SBSE and on the Boston Stock Exchange Market under the symbol SSE.
 -0- 9/21/93
 /CONTACT: Chris Amenson, Investor Relations, 505-345-5353/
 (SBSE)


CO: Martin Marietta Corp.; SBS Engineering Inc. ST: New Mexico IN: ARO SU:

MF-NY -- SD002 -- 4013 09/21/93 09:01 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
Words:133
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