DRS Technologies Receives Contracts of $48.8 Million to Deliver SADA II Integrated Dewar Cooler Assemblies (IDCAs) for U.S. Army Ground Vehicles.PARSIPPANY, N.J. -- 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 , Inc. (NYSE NYSE See: 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 has received two contracts totaling $48.8 million from Raytheon Network Centric Systems of Raytheon Company. (NYSE: RTN RTN Return RTN Raytheon Company (stock symbol) RTN Research Training Network RTN Rotarian RTN Routing Transit Number RTN Recursive Transition Network RTN Register Transfer Notation RTN Radial Tangential Normal ) in McKinney, Texas -- to produce additional Standard Advanced Dewar Assembly (SADA) II units for the U.S. Army's Second Generation Forward Looking Infrared
A forward looking infrared (FLIR) is the North American English term for a camera that takes pictures using the infrared portion of the electromagnetic spectrum. (SGF SGF Svenska Golfförbundet (Swedish Golf Federation) SGF Société Générale de Financement (Quebec, Canada) SGF Smart Game Format SGF Simulated Gastric Fluid ) B-kit systems which provide infrared imaging capabilities for ground vehicle application. This follow-on award to the SGF SADA II contracts brings DRS's total SGF SADA II awards to over $100 million. The work will be performed by the company's DRS Sensors & Targeting Systems - Infrared Technologies Division in Dallas, Texas. The Division will deliver the units between August 2008 and June 2010. These units are used on the Abrams Main Battle Tank and Bradley Fighting Vehicle -- considered the most advanced ground combat vehicles in existence-- and on Long Range Advance Scout Surveillance System (LRAS LRAS Long Run Aggregate Supply (economics) LRAS Long Range Advanced Scout Surveillance System LRAS Logistics Requirements Allocation Sheets LRAS Long Range Aggregate Supply 3) platforms. Technically demanding to design and produce, these highly sensitive SADA II units are integral to the most advanced ground vehicle sighting and targeting systems in the world. As a result, they are central to the U.S. Army's modernization strategy and its goal of dominating the battlefields of the 21st century. "This award extends DRS's role as a key supplier supporting U.S. Army programs employing these 2nd-generation infrared sensors," said James M. Baird, president of DRS's Reconnaissance, Surveillance & Target Acquisition (RSTA RSTA reconnaissance, surveillance, and target acquisition (US DoD) RSTA Rindge School of Technical Arts RSTA Recinto Santo Tomás de Aquino RSTA Reston Swim Team Association RSTA Rockford Science and Technology Academy ) business segment, the segment operating the Dallas division. "DRS has been a supplier of SGF SADA II units since the mid-1990's. Our most recent contract again achieved excellent on-time delivery and quality ratings." 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 DRS RSTA business segment develops, manufactures and supports electro-optical technologies, including advanced cooled and uncooled thermal-imaging solutions for soldier systems, ground vehicle, airborne, and maritime as well as for industrial, security, public safety and firefighting applications. The company employs approximately 10,000 people. For more information about DRS Technologies, please visit the company's web site at www.drs.com. |
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