Army Awards DRS $91 M for Tactical Quiet Generators

(Parsippany, NJ., October 21, 2008) -- DRS Technologies, Inc. (NYSE: DRS) announced today that it received multiple contract awards worth approximately $91 million from the U.S. Army's Communications-Electronics Command (CECOM) at Fort Monmouth, New Jersey to manufacture more than 5,000 Tactical Quiet Generators (TQG) in various sizes.

The generators are in 3-, 5-, 10-, 15- and 100-kilowatt power output sizes, and will be manufactured by DRS Fermont, in Bridgeport, Connecticut. The generator sets will be delivered between March 2009 and March 2011.


The delivery orders are part of multiple existing Indefinite Delivery/Indefinite Quantity contracts with CECOM, including a $369 million award established in April 2008 for medium-sized generator sets in the 5-, 10- and 15-kilowatt sizes. CECOM placed these recent orders on behalf of various Army, Navy and Air Force units through the Army's Program Executive Office for Command, Control and Communications Tactical, and its subordinate office of Project Manager for Mobile Electric Power at Fort Belvoir, Virginia.

"DRS is proud to be able to continue to supply our service personnel with the reliable, clean and quiet tactical power that they need in order to do the important job that our nation has asked of them," said Thomas G. Cornwell, President, DRS Sustainment Systems' business segment.

Source : DRS Technologies Inc., A Finmeccanica Company (Milan: FNC.MI)