DRS Awarded $100 M For Additional M1000 HET Trailers

(Parsippany, NJ., July 20, 2009) -- DRS Technologies, Inc. announced today that it received an order valued over $100 million to manufacture 270 M1000 Heavy Equipment Transporter (HET) trailers for the U.S. Army.

This recent order from the Army's office of Program Manager, Heavy Tactical Vehicles at the TACOM Lifecycle Management Command, is the follow-on production contract associated with the low-rate initial production of six trailers delivered in June for government test and evaluation.

The M1000 HET trailer is designed and manufactured by the company's DRS Sustainment Systems division, and the work for this contract will be performed at its heavy manufacturing facility in West Plains, Missouri. Trailer deliveries will take place later this year. At the completion of this order, DRS Technologies will have manufactured more than 2,600 HET trailers for the U.S. Army.

The M1000 HET is engineered to transport the M1 Abrams Main Battle Tanks over primary and secondary roads, or cross-country over rough terrain. Due to its extraordinary flexibility, it can carry all types of tracked and wheeled vehicles, containers and large bulk cargo weighing as much as 80 tons, either on- or off-road.

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