DRS Technologies Awarded $47 Million in Contracts to Provide Man-Portable Surveillance and Target Acquisition Radars (MSTAR)
25 Agosto 2008 - 10:00AM
Marketwired
DRS Technologies, Inc. (NYSE: DRS) announced today that it was
awarded contracts from various customers with a combined value of
approximately $47 million to provide Man-Portable Surveillance and
Target Acquisition Radar (MSTAR) systems, accessories, and/or
support. The systems will support the U. S. Department of Defense
(DoD) in a variety of surveillance and security applications.
The work for these contracts will be performed by the company's
DRS Sustainment Systems, Inc. unit based in St. Louis, Missouri.
Product deliveries are expected to begin immediately and will
continue through May 2009.
Thomas G. Cornwell, president of the company's Sustainment
Systems Business Segment, said, "The MSTAR is a 'best in class'
product based on its performance, price, reliability and
availability. Over 1,300 MSTARs have been deployed around the world
as a stand-alone system, or as an integral part of a larger sensor
suite. Its high reliability is supported by unmatched global
logistics, to ensure that the warfighter or border security forces
get the operating picture they need."
The MSTAR is a low-power ground surveillance radar, which
provides wide-area coverage in all weather conditions during both
day and night. It locates moving targets and classifies them as
personnel, tracked or wheeled vehicles. The system is ideally
suited for deployable perimeter security applications, or as part
of an integrated security system for force protection, border
surveillance and asset protection.
The technology and capabilities of the MSTAR can be customized
to fulfill military and homeland security missions when intrusion
detection, border surveillance and perimeter security are unique
and require a tailored application.
"MSTAR provides enhanced security system operations with the
capability to rapidly monitor large surveillance areas and provide
information about potential hostile intrusion," Cornwell added.
"Its highly accurate tracking ability may be used to cue other
sensors or weapons."
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
Leonardo DRS, Inc. (NYSE:DRS)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Leonardo DRS, Inc. (NYSE:DRS)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024