Essex wins $57M 'defense-related' contract for software and systems engineering and delivery of custom systems to priority programs

October 1, 2003

1 Min Read

COLUMBIA, Md. -- Essex Corporation (Amex: EYW) delivers a major win with a new defense related contract for $57 million over 4 years (a 3 month base period plus 4 option years). This is a delivery order contract for software and systems engineering and the delivery of custom systems to national priority programs. Essex is a technology and product innovator, skilled in signal processing, optical engineering and processing, and communications.

This contract expands the software and systems engineering team at Essex, with a high visibility prime contract for the design, integration, and delivery of systems critical to the defense and intelligence of the United States. Essex leads a strong team, which will make significant contributions to the effort, consisting of Harris Corporation, Leading Edge Design & Systems, Poole & Associates, Vision Systems & Technology, Inc., S & H Enterprises, and Expert Network and Software Engineering, Inc.

"This excellent win underscores the value that our acquisition of Sensys Development Laboratories, Inc. has brought to Essex," according to Leonard E. Moodispaw, CEO and President. "Their knowledge and capabilities enabled us to lead and win this important effort and position us for even larger roles with this customer." Strategic acquisitions are a key element of the overall Essex business strategy that continues to deliver strong top line growth for the year.

For information about job openings in software engineering, systems engineering, and optical engineering, candidates are encouraged to visit the Careers page on our website (www.essexcorp.com/careers.html).

Essex Corp.

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