DRS Technologies, Inc. (NYSE: DRS) announced today that it has received
$56 million in follow-on contracts from the U.S. Army’s
Aviation and Missile Command (AMCOM) at Redstone Arsenal in Huntsville,
Alabama, for support of Mast-Mounted Sights (MMS) on OH-58D Kiowa
Warrior armed reconnaissance helicopters. The contracts cover spares,
field-service and general depot-maintenance support, as well as
implementation of an Engineering Change Proposal (ECP) for updating the
MMS on these aircraft.
Initially awarded to DRS in 2003, the total value of this five-year
Indefinite Delivery Indefinite Quantity (IDIQ) contract has now
surpassed $416 million.
The work will be accomplished by the DRS Sensors & Targeting Systems –
Optronics Division in Melbourne and Palm Bay, Florida, and covers
deliveries and repairs through 2010.
Although fielding of the Kiowa Warrior is complete, the U.S. Army
continues to install safety and performance modifications to keep the
aircraft mission-effective and safe, and the MMS is one of the keys to
this strategy. It allows pilots and crews to acquire, identify, and
engage battlefield targets over maximum range even in conditions of
severely degraded visibility; including darkness, smoke and adverse
weather conditions. The MMS enables the Kiowa Warrior to do so while
remaining concealed until just seconds before engagement, enabling
surprise attacks to improve the warfighters’
combat effectiveness and survivability.
“Through an ongoing series of upgrades, we’ve
been able to keep today’s pilots and crew
members at the forefront of infrared sighting, targeting and
night-vision technology,” said James M. Baird,
president of DRS Technologies’ Reconnaissance,
Surveillance & Target Acquisition (RSTA) Segment. “Our
experience with this platform puts us in an ideal position to provide
leading-edge imaging technologies in the future, as new generations of
armed reconnaissance helicopter are developed and deployed.”
The RSTA business segment develops, manufactures and supports
electro-optical technologies, including advanced cooled and uncooled
thermal-imaging solutions for soldier
systems, ground vehicles, airborne and maritime platforms, as well as
for industrial, security, public safety and firefighting applications.
DRS Technologies, headquartered in Parsippany, New Jersey, is a leading
supplier of integrated products, services and support to military
forces, intelligence agencies and prime contractors worldwide. The
company employs approximately 10,000 people. For more information about
DRS Technologies, please visit the company's web site at www.drs.com.
DRS Technologies, Inc.
Richard M. Goldberg, 973-451-3584
Vice
President, Public Affairs
goldberg@drs.com
or
Patricia
M. Williamson, 973-898-6025
Vice President, Investor Relations
p.williamson@drs.com
