DRS Technologies Receives New Order to Manufacture Flight Control Computers.Business/High Tech Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--June 11, 2002 Mission Critical Systems Being Deployed On European EH-101 Helicopters; Systems Address World Military and Commercial Aviation Markets 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 a new order to manufacture Flight Control Computers for installation on European EH-101 helicopters. The $2.6 million award was received by DRS from Smiths Aerospace Electronic Systems, a unit of Smiths Industries, plc (FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. : SMIN) in Cheltenham, Gloucestershire, the United Kingdom, to provide Flight Control Computers for EH-101 helicopters being supplied by Agusta-Westland to Denmark. Production of these systems will be accomplished by the company's DRS Flight Safety and Communications unit, based in Carleton Place, Ontario, Canada. Product deliveries are expected to commence in May 2003 and continue through 2005. The award was received as a result of an agreement signed in June 1997 between DRS and Smiths Industries for the company to manufacture the Flight Control Computers for all future EH-101 sales. DRS also provides Emergency Avionics Systems (EAS (Electronic Article Surveillance) A security system for preventing theft in retail stores that uses disposable label tags or reusable hard tags attached to the merchandise. ) 3000 for this helicopter and its variants, including the United Kingdom's Royal Air Force Support helicopters, Canada's Cormorant cormorant (kôr`mərənt), common name for large aquatic birds, related to the gannet and the pelican, and found chiefly in temperate and tropical regions, usually on the sea but also on inland waters. Search and Rescue helicopters, Italy's MMI (Man Machine Interface) See HMI. 1. MMI - Man-Machine Interface. 2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD. helicopters and Japan's Tokyo Metropolitan Police helicopters. "As a provider of advanced electronic manufacturing for over 30 years, DRS is proven in our ability to deliver the highest quality products and services for major military platforms," said Mark S. Newman, DRS Technologies' chairman of the board, president and chief executive officer. "With a successful eleven-year customer relationship with Smiths Aerospace, we are continuing to support the important missions and special requirements of the EH-101, one of the most widely used military helicopters Military helicopters are helicopters used by military forces. They can be found in a variety of roles in diffferent militaries of which the tactical airlift mission is the most common. in the world." Two DRS-produced Flight Control Computers will be installed on each helicopter, providing redundant computational and aircraft control functions for a duplex automatic flight control system. The EH-101 family of helicopters is designed for maritime and land-based multi-mission military and commercial applications. These helicopters are the result of a collaborative Italian-British effort. The platform frequently is used for antisubmarine warfare Operations conducted with the intention of denying the enemy the effective use of submarines. Also called ASW. , search and rescue, casualty evacuation and troop transportation missions. DRS Technologies provides leading edge products and services to government and commercial customers worldwide. Focused on defense electronics, the company develops and manufactures a broad range of mission critical systems and components in the areas of communications, combat systems, rugged computers, electro-optics, data storage, digital imaging, flight safety and space. For more information about DRS Technologies, please visit the company's Web site at www.drs.com. --30--bw/ny* csm
CONTACT: DRS Technologies, Inc., Parsippany
Patricia M. Williamson, 973/898-1500
KEYWORD: NEW JERSEY INTERNATIONAL CANADA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE COMPUTERS/ELECTRONICS
MANUFACTURING MARKETING AGREEMENTS
SOURCE: DRS Technologies, Inc.
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