PARSIPPANY, NJ -- (Marketwire) -- 09/19/08 -- DRS Technologies, Inc. (NYSE: DRS) announced
today that it received a $42 million order to build more than 670
additional M989A1 Heavy Expanded Mobility Ammunition Trailers (HEMATs).
The order is part of a previously awarded fixed-price, five-year Indefinite
Delivery/Indefinite Quantity contract from the U.S. Army's Tank-Automotive
and Armaments Command in Warren, Michigan. Work for this contract is being
performed by the company's DRS Sustainment Systems, Inc. unit in West
Plains, Missouri.
The HEMATs are part of the U.S. Army's future force transformation and
modularization into combat brigades. The trailer has a heavy cargo capacity
to transport various payloads such as Multiple Launch Rocket System pods,
palletized or non-palletized conventional ammunition and fuel bladders. The
trailers can be operated on paved, unpaved or cross-country roads.
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.
For additional 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