DRS Technologies Receives $222 Million U.S. Army Contract to Provide Communications Services for Multi-National Forces in Iraq.

PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it received a $222 million two-year contract from the U.S. Army to provide a scaleable, integrated, open-standards Command and Control Information Technology Infrastructure (C2ITI) for the Multi-National Forces - Iraq (MNF-I), a coalition military command responsible for providing security in Iraq and for assisting with the ongoing reconstruction program.

Two funding actions with a combined value of approximately $16 million were received by DRS on this program to provide program management, architectural design and engineering, installation, operation and maintenance, network management and systems administration support. Work for this order will be performed by the company's DRS Technical & Management Services Co. (DRS TAMSCO) unit in Beltsville, Maryland and DRS Spacelink International unit in Dulles, Virginia, along with a number of subcontractors, including Raytheon Company (NYSE: RTN), Artel Inc., Information Management Group (IMG) and Oberon Associates.

This most recent funding is a follow-on order to previously awarded contracts received in 2005 and 2004 to support the communications needs of the MNF-I and the Coalition Provisional Authority (CPA), the former governing body of Iraq. The program has been managed by the company's Fort Monmouth, New Jersey, Program Management Office since its inception.

"This new award draws upon our team's extensive track record in the design and operation of communications systems, network management and support for the U.S. military to provide vital stabilization and rebuilding of Iraq's governmental infrastructure," said Daniel A. Rodrigues, president of DRS's Sustainment Systems & Services Group. "Our state-of-the-art technical engineering and support solutions, in combination with the depth of our team's experience, provide a reliable, proven and unique resource to the U.S. Army."

The company's DRS TAMSCO unit is a leader in information technology (IT) with expertise in telecommunications and IT services, integrated logistics support services, systems integration and electronics manufacturing.

DRS Technologies, headquartered in Parsippany, New Jersey, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company employs approximately 10,000 people.

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