DRS Technologies Awarded $7.6 Million Contract to Provide Control Electronics for the U.S. Navy's MK 41 Vertical Launching System.PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE NYSESee: New York Stock Exchange : 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 received a $7.6 million contract to produce and support launch control and power distribution subsystems for the Lockheed Martin-developed MK 41 Vertical Launching System For the Brazilian Space Agency launcher, see . A Vertical Launching System (VLS) is a type of missile-firing system used aboard the submarines and surface vessels of several navies around the world. (VLS VLS Virtual Library System VLS Vertical Launch System VLS Virtual Learning Space VLS Vapor-Liquid-Solid VLS Vinyl Single VLS Vélos en Libre Service (French: free bicycling service) VLS Very Long Shot ) on board the U.S. Navy's Arleigh Burke class guided-missile destroyers and Japanese Maritime Self Defense Force DDH DDH Decision Diffie-Hellman DDH Developmental Dysplasia of Hip DDH Dorothy Day House DDH Document Drafting Handbook DDH Dublin Dental Hospital DDH Destroyer-Carrying Helicopter DDH Dissociated Double Hypertropia class ships. The MK 41 VLS is considered the worldwide standard in shipboard ship·board n. 1. The condition of being aboard a ship: on shipboard. 2. Archaic The side of a ship. adj. missile launching systems. The DRS-produced equipment provides electronic control functions that are critical to the missile launch sequence and distributes electrical power to vital launching system components, in addition to providing system status and health monitoring. Work for this contract will be accomplished by the company's DRS Training & Control Systems unit in Fort Walton Beach, Florida Fort Walton Beach is a city in Okaloosa County, Florida, United States. As of 2004, the population estimate for Fort Walton Beach, Florida is 19,992 recorded by the U.S. Census Bureau.[2] Fort Walton Beach is a year round fishing and beach resort. . Product deliveries are expected to begin in July 2006 and continue through July 2007. "DRS is a key supplier of high-quality electronic missile launch control equipment supporting U.S. and allied naval vessels," said Fred L. Marion, president of DRS's Surveillance & Reconnaissance Group. "This new order is our 24th consecutive, full-scale production contract on the MK 41 VLS program from Lockheed Martin. The MK 41 VLS provides a solid business base for our weapons' control systems product line, extending our 23-year participation on this program." The MK 41 VLS is used on U.S. Navy surface ships, as well as the ships of 10 other allied countries. It is installed below deck and provides the capability to fire a variety of missiles, including anti-air, antisubmarine, surface-to-surface and strike. The current MK 41 VLS, representing seven generations of advancements, shares little more than the same common structure with the first launcher introduced into the Navy fleet. DRS Technologies, headquartered in Parsippany, New Jersey, provides leading edge products and services to defense, government intelligence and commercial customers. Focused on defense technology, DRS develops and manufactures a broad range of mission critical systems. The company employs 6,000 people worldwide. For more information about DRS Technologies, please visit the company's web site at www.drs.com. |
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