DRS Technologies Receives $51 Million in New Orders for Thermal Weapon Sights from US Army
30 Abril 2008 - 10:00AM
Business Wire
DRS Technologies, Inc. (NYSE: DRS) announced today the receipt of
new contract orders totaling over $51 million to produce Thermal
Weapon Sights II (TWS II). The contracts were awarded by the U.S.
Army�s Research, Development & Engineering Command�s (RDECOM)
Acquisition Center at the U.S. Army Garrison Aberdeen Proving
Ground in Maryland, acting on behalf of Program Executive Office
Soldier at Fort Belvoir, Virginia. Contract work will be performed
by two of the DRS Sensors & Targeting Systems divisions � the
Optronics Division in Palm Bay and Melbourne, Florida, and the
Infrared Technologies Division in Dallas, Texas. These new orders
are part of a five-year, $2.3-billion Indefinite
Delivery/Indefinite Quantity (ID/IQ) TWS II Bridge contract awarded
to DRS in 2007. Additional ID/IQ contracts are expected as funding
is available enabling the Army to order up to 150,000 TWS II
systems to support fielding needs. �The Warfighter demand for night
vision equipment remains robust, and the requirement for thermal
weapon sights continues to increase,� said James M. Baird,
president of DRS� Reconnaissance, Surveillance & Target
Acquisition (RSTA) Segment. �We�re committed to supporting our
nation�s front-line Warfighters with increased production to meet
that demand, and it�s an honor to be helping them to accomplish
their missions safely and effectively.� The DRS family of light,
medium and heavy TWS II sights use advanced, uncooled thermal
imaging sensors, enabling Army Soldiers and Marines to see the
battlefield and engage the enemy through smoke, dust, fog and
degraded weather conditions. Currently deployed with U.S. Army,
Marine Corps, Air Force and Special Operations forces, TWS II
systems offer superior image quality for increased threat detection
and situational awareness. The DRS-produced TWS II systems provide
longer battery life, ease of use and reduced carry weight. The
company�s RSTA Segment develops, manufactures and supports
electro-optical technologies, including advanced cooled and
uncooled thermal-imaging solutions for Soldier systems, ground
vehicle, airborne, maritime, 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.
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