DRS Technologies Awarded New Contract to Provide Ship Communication Network System for International Navy.

PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it was awarded a new contract to provide a Fiber Optic Data Multiplex System (FODMS) for installation on the newest KDX-III Aegis-class destroyer of the Republic of Korea Navy (ROKN).

The FODMS is a unique, general-purpose, dual network system that provides data and integrated communications between propulsion and power control systems, steering, navigation sensors, weapons systems, alarms, indicators and integrated bridge systems, as well as Aegis combat systems. It is a complete information transfer system designed to meet evolving ship communications requirements and to handle data that is critical to ship operations, enhancing reliability, maintainability and survivability.

The $9.2 million contract was awarded to DRS by the Special & Naval Shipbuilding Division of Hyundai Heavy Industries Co. Ltd. (KSE: HHI) in Ulsan, Republic of Korea. For this contract, DRS will design, build and test a FODMS system to ensure interoperability between legacy systems and the latest Commercial Off-The-Shelf (COTS)-based systems. Work will include the development of design documentation and installation drawings, as well as the installation and performance testing of the system. Under the contract, DRS also will provide operation and maintenance training to Hyundai and ROKN personnel. The company's DRS EW & Network Systems unit in Buffalo, New York, will accomplish the work for this contract, which will commence immediately and continue through January 2010. The company expects to receive future contracts on this program, as the ROKN deploys additional KDX-III destroyers.

"This award represents our first commercial sale of the FODMS to an international customer and reflects our success in providing vital communications systems that ensure the safety and survivability of the fleet and crew in U.S. deployments," said Fred L. Marion, president of DRS's Surveillance & Reconnaissance Group.

The FODMS was selected by the ROKN to distribute navigation sensor data to Aegis and non-Aegis weapons systems, communication systems, machine control and steering control systems, and navigation displays. It is based on the Military Survivable Adaptable Fiber Optic Embedded Network (SAFENET) standard focused on enhancing survivability.

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 5,700 people worldwide.

For more information about DRS Technologies, please visit the company's web site at www.drs.com.

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