<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13D


                    Under the Securities Exchange Act of 1934
                                (Amendment No. )
                          ESCO ELECTRONICS CORPORATION
                                (Name of Issuer)

                           Common Stock Trust Receipts
                         (Title of Class of Securities)

                                    26903000
                                 (CUSIP Number)

                             Stephen M. Davis, Esq.
                          Werbel McMillin & Carnelutti
                           A Professional Corporation

           711 Fifth Avenue, New York, New York 10022, (212) 832-8300
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                  July 12, 1996
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13-d-1(b)(3) or (4), check the following box [ ].

Check the following box if a fee is being paid with the statement [X].  (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

Note:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

*  The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

                                  Page 1 of 13


<PAGE>

<PAGE>
                                 SCHEDULE 13D

- -------------------                                    -----------------
CUSIP No. 26903000                                     Page 2 of 13 Pages
- -------------------                                    ------------------

==============================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE       
   PERSON
     The SC Fundamental Value Fund, L.P.
- -----------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [X]
                                                                 (b)  [ ]
- -----------------------------------------------------------------------------
3  SEC USE ONLY
- -----------------------------------------------------------------------------
4  SOURCE OF FUNDS*
     WC/OO          
- -----------------------------------------------------------------------------
5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(E)                                     [ ]
- -----------------------------------------------------------------------------
6  CITIZENSHIP OR PLACE OF ORGANIZATION
     Delaware                  
- -----------------------------------------------------------------------------
       NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7  SOLE VOTING POWER
          0
- -----------------------------------------------------------------------------
8  SHARED VOTING POWER
     405,250
- -----------------------------------------------------------------------------
9  SOLE DISPOSITIVE POWER
          0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
     405,250
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     405,250
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES*                                                   [ ]
- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     3.6%    
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
     PN 
==============================================================================
                  *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE>

<PAGE>
                                 SCHEDULE 13D

- -------------------                                    -----------------
CUSIP No. 26903000                                     Page 3 of 13 Pages
- -------------------                                    -----------------

==============================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE       
   PERSON
     SC Fundamental Value BVI, Inc.
- -----------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [x]
                                                                 (b)  [ ]
- -----------------------------------------------------------------------------
3  SEC USE ONLY
- -----------------------------------------------------------------------------
4  SOURCE OF FUNDS*
     N/A                       
- -----------------------------------------------------------------------------
5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(E)                                     [ ]
- -----------------------------------------------------------------------------
6  CITIZENSHIP OR PLACE OF ORGANIZATION
     Delaware
- ------------------------------------------------------------------------------
       NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ------------------------------------------------------------------------------
7  SOLE VOTING POWER
     178,950
- -----------------------------------------------------------------------------
8  SHARED VOTING POWER
          0
- -----------------------------------------------------------------------------
9  SOLE DISPOSITIVE POWER
     178,950
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
          0
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     178,950
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES*                                                   [ ]
- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     1.6%    
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
     CO     
==============================================================================
                  *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE>

<PAGE>
                                 SCHEDULE 13D

- -------------------                                    -----------------
CUSIP No. 26903000                                     Page 4 of 13 Pages
- -------------------                                    -----------------

==============================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE       
   PERSON
     SC Fundamental Inc.                        
- -----------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [x]
                                                                 (b)  [ ]
- ------------------------------------------------------------------------------
3  SEC USE ONLY
- -----------------------------------------------------------------------------
4  SOURCE OF FUNDS*
     N/A                       
- -----------------------------------------------------------------------------
5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(E)                                     [ ]
- -----------------------------------------------------------------------------
6  CITIZENSHIP OR PLACE OF ORGANIZATION
     Delaware                 
- -----------------------------------------------------------------------------
       NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7  SOLE VOTING POWER
          0
- -----------------------------------------------------------------------------
8  SHARED VOTING POWER
     405,250
- ----------------------------------------------------------------------------
9  SOLE DISPOSITIVE POWER
          0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
     405,250
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     405,250
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES*                                                   [ ]
- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     3.6%    
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
     CO          
==============================================================================
                  *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE>

<PAGE>
                                 SCHEDULE 13D

- -------------------                                    -----------------
CUSIP No. 26903000                                     Page 5 of 13 Pages
- -------------------                                    -----------------

==============================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE       
   PERSON
     Gary N. Siegler                     
- -----------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [ ]
                                                                 (b)  [x]
- -----------------------------------------------------------------------------
3  SEC USE ONLY
- -----------------------------------------------------------------------------
4  SOURCE OF FUNDS*
     N/A               
- -----------------------------------------------------------------------------
5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(E)                                     [ ]
- -----------------------------------------------------------------------------
6  CITIZENSHIP OR PLACE OF ORGANIZATION
     United States                     
- -----------------------------------------------------------------------------
       NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7  SOLE VOTING POWER
          0
- -----------------------------------------------------------------------------
8  SHARED VOTING POWER
     584,200
- -----------------------------------------------------------------------------
9  SOLE DISPOSITIVE POWER
          0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
     584,200
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     584,200
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES*                                                   [ ]
- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     5.2%     
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
     IN          
==============================================================================
                  *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE>

<PAGE>
                                 SCHEDULE 13D

- -------------------                                    -----------------
CUSIP No. 26903000                                     Page 6 of 13 Pages
- -------------------                                    -----------------

==============================================================================
1  NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE       
   PERSON
     Peter M. Collery                         
- -----------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [ ]
                                                                 (b)  [x]
- -----------------------------------------------------------------------------
3  SEC USE ONLY
- -----------------------------------------------------------------------------
4  SOURCE OF FUNDS*
     N/A                     
- -----------------------------------------------------------------------------
5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(E)                                     [ ]
- -----------------------------------------------------------------------------
6  CITIZENSHIP OR PLACE OF ORGANIZATION
     United States                     
- -----------------------------------------------------------------------------
       NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7  SOLE VOTING POWER
          0
- -----------------------------------------------------------------------------
8  SHARED VOTING POWER
     584,200
- -----------------------------------------------------------------------------
9  SOLE DISPOSITIVE POWER
          0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
     584,200
- -----------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     584,200
- -----------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES*                                                   [ ]
- -----------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     5.2%     
- -----------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
     IN          
==============================================================================
                  *SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)

<PAGE>

<PAGE>                                            Page 7 of 13 Pages

                                 SCHEDULE 13D


Item 1.   Security and Issuer

          (a)  Class of Securities: Common Stock Trust Receipts
                                    

          (b)  Issuer:   ESCO Electronics Corporation
                         (the "Issuer")
                         8100 W. Florissant Avenue
                         St. Louis, Missouri 63136


Item 2.   Identity and Background

          (a-c), (f).  The persons (the "Reporting Persons") filing this
statement are SC Fundamental Inc., a Delaware corporation ("SC"), The SC
Fundamental Value Fund, L.P., a Delaware limited partnership ("Fund"), SC
Fundamental Value BVI, Inc., a Delaware corporation ("BVI Inc."), Gary N.
Siegler ("Siegler"), a citizen of the United States and Peter M. Collery
("Collery"), a citizen of the United States.  The principal business address
of SC, Fund, BVI Inc., Siegler and Collery is 712 Fifth Avenue, New York, New
York 10019.

          Fund is primarily engaged in the business of investing in
securities.  SC is the general partner of Fund.  BVI Inc. is the managing
general partner of the investment manager of SC Fundamental Value BVI, Ltd.
("BVI Ltd."), a company principally engaged in the business of investing in
securities.  The name, business address, present principal occupation or
employment and citizenship of each executive officer and director of SC and
BVI Inc. is set forth on Exhibit A hereto which is incorporated herein by
reference.

          Siegler is a controlling stockholder, the president and a director
of SC and BVI Inc.  Collery is a controlling stockholder, vice president, and
a director of SC and BVI Inc.  Siegler and Collery are in a position to
directly and indirectly determine the investment and voting decisions made by
SC and BVI Inc., and, consequently, Fund and BVI Ltd.

          The Reporting Persons may be deemed to be a "group" within the
meaning of Rule 13d-3 under the Securities Exchange Act of 1934 (the "Act").

          (d,e).  During the last five years, none of the Reporting Persons,
nor any of SC's and BVI Inc.'s executive officers or directors have been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or have been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction resulting in its or his being
subject to a judgment, decree or final order enjoining future violation of, or
prohibiting or mandating activities subject to, federal or state securities
laws or a finding of any violation with respect to such laws.

<PAGE>

<PAGE>                                            Page 8 of 13 Pages


Item 3.   Source and Amount of Funds of Other Consideration

          The aggregate purchase prices of the shares of the Issuer's Common
Stock Trust Receipts ("Trust Receipts") purchased by the Reporting Persons as
reported in Item 5(c) of this Schedule 13D were as follows:

      Name of                                  Aggregate
 Reporting Person                            Purchase Price

Fund                                         $    395,585
BVI Inc. on behalf of BVI Ltd.               $    181,540

          The Reporting Persons listed above purchased the Trust Receipts
reported herein as beneficially owned by them with working capital of Fund and
BVI Ltd. or with funds extended by brokerage firms in connection with margin
transactions effected for Fund and BVI Ltd.



Item 4.   Purpose of Transaction

          The Reporting Persons purchased the Issuer's Common Stock Trust
Receipts for investment purposes.  The Reporting Persons currently have no
plans or proposals which would result in any of the actions described in
clause (a) through (j) of Item 4 of Rule 13d-101 of the Act.



Item 5.   Interest in Securities of the Issuer

          (a)  As of the close of business on July 19, 1996, the Reporting
Persons, by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to
own beneficially in the aggregate 584,200 Trust Receipts which constitutes
5.2% of the outstanding Trust Receipts (based upon the number of Trust
Receipts that were reported to be outstanding in the Issuer's 10-Q as of April
30, 1996).  Siegler and Collery, by virtue of their status as controlling
stockholders of SC and BVI Inc. may be deemed to own beneficially the Trust
Receipts which SC, BVI Inc. and Fund are deemed to beneficially own.  By
virtue of BVI Inc.'s role as managing general partner of the investment
manager of BVI Ltd., BVI Inc. may be deemed to beneficially own the Trust
Receipts which BVI Ltd. beneficially owns.  Siegler and Collery disclaim
beneficial ownership of such Trust Receipts and such percentage ownership of
the Issuer's Trust Receipts for any and all purposes.



<PAGE>

<PAGE>                                            Page 9 of 13 Pages


<TABLE>
<CAPTION>
==============================================================================
        Name             Shares of Common Stock             Percentage
- -----------------------------------------------------------------------------
<S>                           <C>                               <C>
SC Fundamental Inc.           405,250                           3.6%
- -----------------------------------------------------------------------------
The SC Fundamental
Value Fund, L.P.              405,250                           3.6%
- -----------------------------------------------------------------------------
SC Fundamental Value
BVI, Inc.                     178,950                           1.6%
- -----------------------------------------------------------------------------
Gary N. Siegler               584,200                           5.2%
- -----------------------------------------------------------------------------
Peter M. Collery              584,200                           5.2%
==============================================================================
</TABLE>


       (b)     Each of SC Fund and BVI Inc. has the sole or shared power to
vote or to direct the vote and to dispose or to direct the disposition of the
Trust Receipts of which it is deemed the beneficial owner.  Siegler and
Collery may be deemed to share with SC, Fund and BVI, Inc. such powers with
respect to the Trust Receipts of which SC, Fund and BVI, Inc. beneficially
own.

       (c)    The following table sets forth the transactions effected by each
of the Reporting Persons listed in Item 5(a) during the past sixty days. 
Unless otherwise noted, each of the transactions set forth below reflects a
purchase effected on the New York Stock Exchange.

<TABLE>
<CAPTION>
                                       BVI, Inc.
              Price Per                on behalf
Trade Date    Share ($)      Fund      of BVI Ltd.    Siegler    Collery
- -----------------------------------------------------------------------------
<S>             <C>          <C>           <C>           <C>        <C>
7/10/96         10.375       17,200        7,800          0          0
- ------------------------------------------------------------------------------
7/11/96         10.500       3,200         1,500          0          0      
- -----------------------------------------------------------------------------
7/12/96         10.500       9,400         4,300          0          0   
- -----------------------------------------------------------------------------
7/15/96         10.500       1,300          700           0          0   
- -----------------------------------------------------------------------------
7/16/96         10.500       6,600         3,000          0          0   
- -----------------------------------------------------------------------------
<FN>
- ---------------
/TABLE

<PAGE>

<PAGE>                                         Page 10 of 13 Pages


       (d)    To the best of Reporting Persons' knowledge, except as set forth
herein, no other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, any Trust
Receipts which Reporting Persons may be deemed to own beneficially.
       
       (e)    Not applicable.


Item 6.   Contracts, Arrangements, Understandings or Relationships with
          Respect to Securities of Issuer

          None.


Item 7.   Material to be filed as Exhibits

          Exhibit A -- Directors and Executive Officers of SC Fundamental Inc.
          and SC Fundamental Value BVI, Inc.

          Exhibit B -- Joint Filing Agreement dated July 19, 1996.

<PAGE>

<PAGE>                                                Page 11 of 13 Pages  

       After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.

Dated:  July 19, 1996


SC FUNDAMENTAL INC.


  By:  ___________________________
       Neil H. Koffler as Attorney-
       in-Fact for Peter M. Collery
       Vice President*

THE SC FUNDAMENTAL VALUE FUND, L.P.

  By:  SC FUNDAMENTAL INC.


  By:  ___________________________
       Neil H. Koffler as Attorney-
       in-Fact for Peter M. Collery
       Vice President*

SC FUNDAMENTAL VALUE BVI, INC.


  By:  ___________________________
       Neil H. Koffler as Attorney-
       in-Fact for Peter M. Collery
       Vice President*



__________________________
Neil H. Koffler as Attorney-
in-Fact for Gary N. Siegler*



__________________________
Neil H. Koffler as Attorney-
in-Fact for Peter M. Collery*


*Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary
N. Siegler.  The Powers of Attorney for Messrs. Collery and Siegler were filed
as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities
Corporation on August 4, 1995 and is hereby incorporated herein by reference. 


<PAGE>

<PAGE>                                            Page 11 of 13 Pages
       
       After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.

Dated:  July 19, 1996


SC FUNDAMENTAL INC.


  By:  /s/ Peter M. Collery       
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery
Vice President*

THE SC FUNDAMENTAL VALUE FUND, L.P.

  By:  SC FUNDAMENTAL INC.


  By:  /s/ Peter M. Collery       
- ----------------------------------
Neil H. Koffler as Attorney-in-Fact 
for Peter M. Collery
Vice President*

SC FUNDAMENTAL VALUE BVI, INC.


  By:  /s/ Peter M. Collery      
- ---------------------------------- 
Neil H. Koffler as Attorney-in-Fact 
for Peter M. Collery
Vice President*


/s/ Gary N. Siegler       
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact 
for Gary N. Siegler*


/s/ Peter M. Collery      
- ---------------------------------
Neil H. Koffler as Attorney-in-Fact
for Peter M. Collery*

*Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary
N. Siegler.  The Powers of Attorney for Messrs. Collery and Siegler were filed
as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities
Corporation on August 4, 1995 and is hereby incorporated herein by reference. 


<PAGE>                                            Page 12 of 13 Pages


                                   EXHIBIT A

(i)    DIRECTORS AND EXECUTIVE OFFICERS OF SC FUNDAMENTAL INC.

       The name and present principal occupation or employment of the
directors and executive officers of SC Fundamental Inc. are set forth below. 
The business address of each director and executive officer is 712 Fifth
Avenue, New York, New York 10019.  All such persons are United States
citizens.


                                    Present Principal
Name and Position                   Occupation or Employment     

Gary N. Siegler                     President of Siegler, Collery & Co., SC
Director, President                 Fundamental Inc., and SC Fundamental
                                    Value BVI, Inc.

Peter M. Collery                    Vice President of Siegler, Collery &
Director and Vice President         Co., SC Fundamental Inc., and SC         
                                    Fundamental Value BVI, Inc.


(ii)   DIRECTORS AND EXECUTIVE OFFICERS OF SC FUNDAMENTAL 
       VALUE BVI, INC.

       The name and present principal occupation or employment of the
directors and executive officers of SC Fundamental Value BVI, Inc. are set
forth below.  The business address of each director and executive officer is
712 Fifth Avenue, New York, New York 10019.  All such persons are United
States citizens.


                                    Present Principal
Name and Position                   Occupation or Employment     

Gary N. Siegler                     President of Siegler, Collery & Co., SC
Trustee                             Fundamental Inc., and SC Fundamental
                                    Value BVI, Inc.

Peter M. Collery                    Vice President of Siegler, Collery &
Trustee                             Co., SC Fundamental Inc., and SC
                                    Fundamental Value BVI, Inc.



<PAGE>

<PAGE>                                            Page 13 of 13 Pages

                                   EXHIBIT B

                            JOINT FILING AGREEMENT

       In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf
of each of them of a Statement on Schedule 13D (including amendments thereto)
with respect to the Common Stock Trust Receipts of ESCO Electronics
Corporation and further agree that this Joint Filing Agreement be included as
an Exhibit to such joint filings.  In evidence thereof, the undersigned, being
duly authorized, have executed this Joint Filing Agreement this 19th day of
July 1996.

SC FUNDAMENTAL INC.


  By:___________________________                                 
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

THE SC FUNDAMENTAL VALUE FUND, L.P.

  By:  SC FUNDAMENTAL INC.


  By:___________________________                                 
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

SC FUNDAMENTAL VALUE BVI, INC.


  By:___________________________                                
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

____________________________                               
Neil H. Koffler as Attorney-
in-Fact for Gary N. Siegler*

___________________________                                
Neil H. Koffler as Attorney-
in-Fact for Peter M. Collery*

*Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary
N. Siegler.  The Powers of Attorney for Messrs. Collery and Siegler were filed
as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities
Corporation on August 4, 1995 and is hereby incorporated herein by reference. 
75850
<PAGE>

<PAGE>                                            Page 13 of 13 Pages
                                   EXHIBIT B

                            JOINT FILING AGREEMENT

       In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf
of each of them of a Statement on Schedule 13D (including amendments thereto)
with respect to the Common Stock Trust Receipts of ESCO Electronics
Corporation and further agree that this Joint Filing Agreement be included as
an Exhibit to such joint filings.  In evidence thereof, the undersigned, being
duly authorized, have executed this Joint Filing Agreement this 19th day of
July 1996.

SC FUNDAMENTAL INC.

  By:/S/ Peter M. Collery
     ---------------------------                               
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

THE SC FUNDAMENTAL VALUE FUND, L.P.

  By:  SC FUNDAMENTAL INC.

  By: /s/ Peter M. Collery
     ----------------------------          
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

SC FUNDAMENTAL VALUE BVI, INC.

  By: /s/ Peter M. Collery
     -----------------------------                                
     Neil H. Koffler as Attorney-
     in-Fact for Peter M. Collery
     Vice President*

/s/ Gary N. Siegler
- ----------------------------                               
Neil H. Koffler as Attorney-
in-Fact for Gary N. Siegler*

/s/ Peter M. Collery
- ----------------------------                                
Neil H. Koffler as Attorney-
in-Fact for Peter M. Collery*

*Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery and Gary
N. Siegler.  The Powers of Attorney for Messrs. Collery and Siegler were filed
as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities
Corporation on August 4, 1995 and is hereby incorporated herein by reference. 
75850