DRS Acquires European Data Systems.PARSIPPANY, N.J.--(BUSINESS WIRE)--July 30, 1999-- DRS Technologies DRS Technologies, Inc. (commonly known as DRS; formerly known as Diagnostic/Retrieval Systems, Inc.) is a supplier of defense electronic products and systems to the United States Air Force, Army, Coast Guard, Marine Corps, Navy, aerospace and defense prime , Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. : DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services ) announced today that its DRS Rugged Systems (Europe) unit has acquired European Data Systems Ltd. (EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. ), a leading provider in the design and development of military rugged computers A rugged (or ruggedized) computer is a computer specifically designed to reliably operate in harsh usage environments and conditions, such as strong vibrations, extreme temperatures and wet or dusty conditions. and peripheral products. EDS specializes in the application of commercial technologies for battlefield digitization dig·i·tize tr.v. dig·i·tized, dig·i·tiz·ing, dig·i·tiz·es To put (data, for example) into digital form. dig . The transaction was completed for cash; the purchase price was not disclosed. The addition of EDS to DRS Rugged Systems (Europe) has formed a leading supplier of rugged, portable, Commercial Off-The-Shelf Commercial off-the-shelf (COTS) is a term for software or hardware, generally technology or computer products, that are ready-made and available for sale, lease, or license to the general public. (COTS) computers and systems solutions for international defense applications. Founded in 1990, EDS, located in Chippenham, Wiltshire, the United Kingdom, is a leading source to the British Royal Army for rugged computers, and has provided over 3,000 systems to Britain's Royal Army, Navy, Air Force, and other European defense forces. Strongly complementing the core business focus of DRS Rugged Systems (Europe), EDS has focused on the design, development and certification to military and industrial standards of stand-alone rugged products and technologies. Commenting on the transaction, Mark S. Newman, DRS chairman, president and chief executive officer, said: "The acquisition of European Data Systems contributes innovative, leading edge technologies to DRS Rugged Systems' core product competencies, and the combination has created an important international industry leader in rugged computer systems. Key elements in the digitization of the 21st century battlefield, these systems provide significant improvements in intelligence, information exchange and combat effectiveness. EDS is strategically important for the company's plans to enhance our competitive position and expand our global market share in ruggedized computer solutions for the military." Peter Hurst will remain managing director of DRS Rugged Systems (Europe). Graham Lee Graham Lee may refer to:
DRS Rugged Systems (Europe), based in Farnham, Surrey, the United Kingdom, is Britain's leading producer of ruggedized and secure computer equipment for air, land and sea military environments. It is one of three business units that provide complete rugged systems solutions for international defense initiatives. Additional units are located in Longmont, Colorado The City of Longmont is a home rule municipality located in Boulder County and Weld County, Colorado, United States. Longmont is the 13th most populous city in the State of Colorado. The word "Longmont" comes from Longs Peak, a prominent mountain named for explorer Stephen H. , and Fyshwick, ACT, Australia. DRS Technologies provides leading edge products and services to government and commercial markets worldwide. Focused on defence electronics, the company develops and manufactures a broad range of mission critical products, from rugged computers and peripherals to systems and components in the areas of communications, data storage, digital imaging, electro-optics, flight safety and space. The company offers a full complement of technical support and advanced manufacturing services. Additional information is available on the company's web site at www.drs.com. |
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