The '02E' indicates a square flange receptacle shell type that does not accept backshells. The '12' specifies the shell size. The '3' is part of the contact layout/insert arrangement. The 'S' denotes female contacts. The '50' is a specification code, likely related to plating or contact type, similar to '5016' (olive drab cadmium plating) or '5045' (nickel plating) found in the series. The 851 series identifies a family of bayonet locking circular connectors, qualified to MIL-DTL-26482 Series I standard, used in aeronautical, military, and industrial applications.