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WACKENHUT WINS RENEWAL OF FEDERAL CONTRACT

 WACKENHUT WINS RENEWAL OF FEDERAL CONTRACT
 CORAL GABLES, Fla., Aug. 28 /PRNewswire/ -- Wackenhut Services,


Inc., a subsidiary of The Wackenhut Corporation (NYSE: WAK) was selected by the U.S. Department of Energy's Nevada Field Office to continue providing protective force services for the Nevada Test Site and related government facilities in the Las Vegas area through a five-year, $140 million contract.
 Wackenhut has provided protective force services for the Nevada Test Site and the Las Vegas area facilities since January, 1965. The new contract will begin Oct. 1, 1992, and continue through Sept. 30, 1997.
 The contract will be a cost-plus-award fee in which performance will determine the amount of the corporation's annual fee.
 Timothy P. Cole, president of Wackenhut Services, Inc., said that the company's functions under the contract will include providing a security guard force, pass and badge services, sensitive assignment services, and test-related activities with a personnel force of 383.
 The Nevada Test Site is the nation's nuclear weapons testing area. Nuclear testing began at the 1,350 square mile site 65 miles northwest of Las Vegas in January 1951.
 The Wackenhut Corporation was founded in 1954 by George R. Wackenhut, a former Special Agent of the Federal Bureau of Investigation, and provides security and security related services to government and private sector clients throughout the United States and in over 40 other countries.
 -0- 8/28/92
 /CONTACT: Patrick F. Cannan, director of corporate relations of Wackenhut Corporation, (temporary tel.) 305-662-7455/
 (WAK) CO: Wackenhut Corporation ST: Florida IN: SU: CON


SS-JB -- FL011 -- 4421 08/28/92 13:35 EDT
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Publication:PR Newswire
Date:Aug 28, 1992
Words:263
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