DRS Awarded $94 M for Additional M1000 Heavy Transport Trailers

(Parsippany, N.J., May 18, 2010) -- DRS Technologies, Inc. announced that it has received a follow-on order valued at over $94 million to manufacture new M1000 Heavy Equipment Transporter (HET) trailers for the U.S. Army.

DRS received the new order from the U.S. Army Product Manager, Heavy Tactical Vehicles at the TACOM Lifecycle Management Command in Warren, Michigan.

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.

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