DRS Technologies Receives Preferred Supplier Certification Award.Business Editors/Aerospace Writers PARSIPPANY, N.J.--(BUSINESS WIRE)--Dec. 10, 2002 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 Silver-Level Preferred Supplier Certification from The Boeing (language) BOEING - An early system on the IBM 1130. [Listed in CACM 2(5):16, May 1959]. Company (NYSE:BA). The company's DRS Flight Safety and Communications unit, located in Carleton Carle·ton , Sir Guy. First Baron Dorchester. 1724-1808. British general and colonial administrator who repelled an American attack on Quebec (1775-1776) and captured the fort at Crown Point, New York (1776). Place, Ontario Ontario, city, United States Ontario, city (1990 pop. 133,179), San Bernardino co., S Calif., near Los Angeles, in a region of vineyards; inc. 1891. , Canada, received the Silver-Level award, the second highest of three levels of certification, which include Bronze, Silver and Gold. The Silver Certification advanced the company's Bronze status, which it has held since July 1995. "DRS is proud to receive this special honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. , which recognizes the emphasis placed on product quality and performance by our Flight Safety and Communications Group," said Mark S. Newman, chairman, president and chief executive officer of DRS Technologies. "This award underscores our total commitment to our customers and is a milestone in our progress toward continued product improvement." Certification is based on ratings in three main areas: Advanced Quality System Evaluation; Product Performance, which includes an evaluation of on-time delivery and product quality; and overall Business Processes, which include an evaluation of quality of products and services, cost competitiveness, leadership and on-time delivery. Suppliers who meet or exceed the standards in these categories are identified and recognized as preferred suppliers. Preferred Supplier Certification can improve supplier competitiveness, increase bidder/source selection preference, enhance contractor relationships with Boeing and promote a company's reputation within the aerospace and defense industry. Boeing uses the certification process as a tool to identify and recognize high performing suppliers strategically important to its business base. Boeing's Preferred Supplier awards are granted to suppliers in recognition of significant accomplishments. DRS has been recognized for several quality achievements during the fiscal year, including the Aerospace Standard 9100 award and the Boeing Quality Management System award, both received in May 2002. 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 A rugged (or ruggedized) computer is a computer specifically designed to reliably operate in harsh usage environments and conditions, such as strong vibrations, extreme temperatures and wet or dusty conditions. , electro-optics, power conversion, 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. |
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