DRS Awarded IDIQ Contract from US Army for Force Protection

DRS Technologies, Inc., a Finmeccanica Company, announced that its C3 and Aviation Group in Gaithersburg, MD was selected by the U.S. Army to participate on the Integrated Base Defense System (IBDS) Force Protection Omnibus contract. With a ceiling of $997 Million, the IBDS Force Protection Omnibus is a multiple award IDIQ contract to provide inside-the-wire and outside-the wire Force Protection and early warning systems. IBDS Force Protection Omnibus will provide warfighters with modular systems, equipment, and components that can be used as stand-alone or integrated systems to protect a range of installations - from small units to large base-wide areas. This competitive award was made by the U.S. Army Contracting Command. Terms allow for Firm-Fixed-Price (FFP) task orders for a period of three years, with options for additional years. IBDS Force Protection Omnibus establishes a long-term IDIQ contract vehicle with a select group of highly qualified contractors. "This contract complements DRS' legacy in delivering Force Protection and Perimeter Security Systems to DoD, Department of Homeland Security and Allied Forces," says Alan Dietrich, president of DRS C3 & Aviation Group. "We are proud to be selected as it illustrates our expertise in providing Perimeter Security Systems and look forward to helping protect the U.S. Army at home and abroad," adds Dietrich.

Source: DRS Technologies Inc., A Finmeccanica Company (Milan: FNC.MI)
Date: Sep 29, 2011