DRS Technologies Awarded Major Contract To Produce U.S. Navy Display Workstations.PARSIPPANY, N.J.--(BUSINESS WIRE)--July 23, 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 the Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. team, consisting of Lockheed Martin, 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 and Raytheon, has been awarded an important seven-year contract to produce AN/UYQ-70 Advanced Display Systems for the U.S. Navy. This requirements-type contract is expected to significantly exceed its $281 million estimated value, as Navy customers order quantities to meet their computing and display requirements throughout the contract period. The systems will be installed on the most technologically advanced surface ships, submarines and aircraft in the U.S. Navy fleet. This competitively awarded contract follows the initial UYQ-70 award to the Lockheed Martin-DRS Technologies team in July 1994. Production of these next-generation, Commercial Off-The Shelf (COTS)-based systems will be accomplished by the company's DRS Laurel Technologies unit in Johnstown, Pennsylvania Johnstown is a city in Cambria County, Pennsylvania, United States, 60 miles east of Pittsburgh and 46 miles (76.6 km) west-south west of Altoona, Pennsylvania. The population was 27,906 at the 2000 census. . Engineering services will be performed at the company's DRS Electronic Systems, Inc. unit in Gaithersburg, Maryland, Lockheed Martin's operations in Eagan, Minnesota Eagan is a city in Dakota County, Minnesota, and is a thriving suburb of the Twin Cities metropolitan area located approximately 15 miles southeast of downtown Minneapolis. , and Raytheon Systems Company in Fullerton, California Fullerton is a city located in northern Orange County, California, United States. As of the 2000 census, the city had a total population of 126,003. It was founded in 1887 by George and Edward Amerige and named for George H. . DRS chairman, president and chief executive officer Mark S. Newman stated, "The UYQ-70 program award is an important milestone for DRS, significantly enhancing our position as a key defense industry supplier of high-quality COTS display workstations and solidifying our core defense electronics systems business base for the next several years. These advanced, technologically current systems are cornerstones in the modernization of combat systems for sea, land and airborne military platforms." The AN/UYQ-70 program comprises a family of display workstations that integrate the latest commercial computing technology and components for combat, command and control applications. These ruggedized consoles provide multiple, high-performance display and computing solutions for critical tactical environments and support the Navy's interest in cost-efficient, open-architecture systems incorporating COTS technology. One of the first standard combat systems implemented with an open-architecture design, the UYQ-70 supports the common operating environment A uniform configuration of hardware and software throughout an organization. It is designed to eliminate software and data incompatibilities and improve troubleshooting. It implies the use of the same primary applications and Web browser as well as the same operating system, database being implemented in surface, subsurface, land and airborne military platforms. Its design provides the most flexible display and computing infrastructure available to allow the Navy and other Department of Defense customers to accommodate new combat system development or the retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in of existing systems. The UYQ-70 workstations are designed to provide benefits throughout the systems' life cycle, including low cost of ownership, improved maintainability, faster technology insertion, smooth integration with legacy systems, and adaptability to new environments. 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: Patricia M. Williamson DRS Technologies, Inc. (973) 898-1500 |
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