PARSIPPANY, NJ -- (Marketwire) -- 08/08/08 -- DRS Technologies, Inc. (NYSE: DRS) announced
today that its team was one of several large companies awarded the Future
Flexible Acquisition & Sustainment Tool (F2AST) Program indefinite
delivery/indefinite quantity contract to provide life-cycle support to the
U.S. Air Force. The DRS team includes AAR Services Inc., Alabama Aircraft
Industries, Inc., EJM Aerospace Services, Empire Aero Center, Lear Siegler
Services Inc., EG&G Technical Services, Triad International Maintenance
Corporation and Westwind Technologies, Inc.
The contract includes modifications, development, repairs, and limited,
critical or contingency spares for all Air Force-managed weapons systems.
The primary users of the F2AST contract are typically Logistics Managers,
Program Managers and Engineers at Warner Robins Air Logistics Center, Ogden
Air Logistics Center and Aeronautical Systems Command. Product centers and
other agencies or services are allowed to utilize F2AST through their
sponsoring Air Logistics Center. The maximum value of the contract is $6.9
billion and the contracting agency is located at Warner Robins Air Force
Base in Georgia.
The work will be carried out by the Engineering and Logistics line of
business of the DRS Technical Services business segment in Herndon, VA.
"This is a strategic opportunity for DRS to expand our support for the
United States Air Force in our core competencies of aircraft modification,
repair and overhaul," said Dr. Mitchell B. Rambler, president of DRS
Technical Services.
DRS Technical Services is a recognized leader in advanced technology and
systems integration support, providing a wide range of engineering and
logistics services, products and services for fuel and water distribution,
comprehensive communications network and information technology support,
and integrated physical security and intrusion detection systems for
domestic and international military forces. The Engineering and Logistics
line of business offers complete aviation maintenance services for fixed
and rotary wing aircraft and operates large aircraft repair facilities for
domestic and international customers. Current aviation technical services
to the U.S. Air Force Air Logistics Centers and the Air Force Material
Command (AFMC) Headquarters include modification maintenance and repairs,
systems engineering and technology integration, testing and certification,
spares and full life cycle support for aircraft and weapon systems.
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 10,500 people. For more information about DRS Technologies,
please visit the company's web site at www.drs.com.
For more information please contact:
Richard M. Goldberg
Vice President, Public Affairs
(973) 451-3584
Email Contact
Patricia M. Williamson
Vice President, Investor Relations
(973) 898-6025
Email Contact