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.
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