DRS Technologies Awarded $4.1 Million Contract to Produce Radar Systems for Norwegian Navy Ships.PARSIPPANY, N.J.--(BUSINESS WIRE)--July 27, 1998--DRS Technologies, 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 it has been awarded a contract with a maximum value of $4.1 million from EDO Edo: see Tokyo, Japan. Corporation's Combat Systems unit in Chesapeake, Virginia Chesapeake is an independent city located in the South Hampton Roads region of eastern Virginia in the United States. One of the Seven Cities of Hampton Roads, Chesapeake was formed in 1963 by a political consolidation of the City of South Norfolk with the former Norfolk County, to provide AN/SPS-67(V)3 radar systems, engineering services and training support for surface ships in the Royal Norwegian Coast Guard The radar systems produced under this contract are identical to those DRS is building for the U.S. Navy's new DDG-51 Aegis class ships, the most technologically advanced in the Navy's surface fleet, as well as for the F-100 Aegis class ships of Spain. Future contract awards for additional AN/SPS-67 radar systems for installation on aircraft carriers, amphibious operation Noun 1. amphibious operation - a military operation by both land and sea forces military operation, operation - activity by a military or naval force (as a maneuver or campaign); "it was a joint operation of the navy and air force" ships and international navy platforms are anticipated by the company. The AN/SPS-67 radar system will provide Norwegian Coast Guard ships with ocean surface surveillance and navigation data, as well as the ability to detect and track low flying aircraft and other targets in support of its search and rescue missions. The AN/SPS-67 radar is an integral part of a ship's command and control combat system. Mark S. Newman, chairman, president and chief executive officer of 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 , commented, "This award further expands our customer base for AN/SPS-67 radar systems, which includes both domestic and international naval communities. The capture of this competitively awarded contract reflects our successful execution of the ambitious growth strategy developed for this product line. DRS is committed to responding fully with integrated systems solutions to the the increasingly complex command, control and intelligence initiatives of global naval forces." DRS Technologies is a diversified, high-technology company serving government and commercial niche markets worldwide. The company develops and manufactures a variety of leading edge systems and components used for the processing, display and storage of data. DRS provides its customers with a broad range of products, including electronic sensor, electronic imaging and electro-optical systems, and offers a full complement of technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . The company's defense electronics products serve all branches of the armed forces. Its commercial and industrial products are used by the airline, banking, computer disk drive, security, transportation, retail sales and broadcast industries. Additional information is available on the company's web site at www.drs.com. CONTACT: DRS Technologies, Parsippany Patricia M. Williamson Vice President, Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. 973.898.1500 Fax 973.898.4730 E-mail p.williamson@drs.com |
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