DRS Receives $21 M to Produce JV5 Vehicle Computing and Display Systems

(Parsippany, N.J., November 18, 2008) -- DRS Technologies, Inc. A Finmeccanica Company, announced that it received a $21.3 million delivery order under pre-existing contract to provide JV-5 ultra-rugged vehicle computing and display systems for the U.S. Army's Force XXI Battle Command, Brigade and Below (FBCB2) program and Blue Force Tracking (BFT) and the United States Marine Corps (USMC) situational awareness requirements. The company received the contract from the Army's CECOM Life Cycle Management Command at Fort Monmouth, New Jersey.

The JV-5 vehicle computing system includes new technologies such as multi-core processors, increased memory, greater data storage and expansion capability to allow for future technology improvements. These enhancements provide the computer systems with better graphics processing, data handling and system networking capabilities.


The company's DRS Tactical Systems unit in Melbourne, Florida will manufacture the systems and is scheduled to begin delivering them in January 2009 with completion expected in May 2009. The company's vehicle computer systems are being installed on more than 40 types of U.S. Army and Marine Corps wheeled and tracked vehicles, at tactical operations centers and other command post platforms.

"The JV-5 system was designed to meet today's FBCB2 requirements and support the Army's migration to Joint Battle Command-Platform (JBC-P) and Unified Battle Command," said Mike Sarrica, vice president and general manager of DRS Tactical Systems. "DRS has already delivered more than 20,000 JV-5 systems to PM FBCB2, at times delivering more than 1,000 systems per week."

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