DRS Technologies Receives a $6 Million Award to Manufacture the Components of the U.S. Army's Large Capacity Field Heaters.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 received a follow-on $6 million award from the Hunter Manufacturing Company in Solon, Ohio Solon (pronounced Sew-len) is a city in Cuyahoga County, Ohio, and is a suburb of Cleveland in the Northeast Ohio Region, the 14th largest Combined Statistical Area in the United States. As of the 2000 census, the city population was 21,802. , to manufacture several components that comprise the U.S. Army's Large Capacity Field Heaters (LCFH LCFH Large Capacity Field Heaters ). The work for this award will be performed by the company's DRS Sustainment Systems business unit in St. Louis, Missouri. DRS is scheduled to immediately start manufacturing and delivering the heaters with completion expected in August 2008. This follow-on award is part of a 10-year Indefinite Delivery/Indefinite Quantity (ID/IQ ID/IQ Indefinite Delivery/Indefinite Quantity ID/IQ Indefinite Duration/Indefinite Quantity ) contract DRS has with the Hunter Manufacturing Company and the U.S. Army Soldier Systems Center in Natick, Massachusetts Natick (Pronunciation IPA: /ˈneɪtɪk/) is a town in Middlesex County, Massachusetts, United States. Natick is located near the center of the MetroWest region of Massachusetts, with a population of 32,170 at the . This is the second award DRS has received via this contract since August 2006 when the LCFH entered the Army's full-rate production phase. To date, the total value of DRS' ID/IQ contract is approximately $12 million. Prior to the full-rate production phase, DRS manufactured several components of the heaters for the Hunter Manufacturing Company, which were delivered to the U.S. Army Soldier Systems Center as part of the system development and demonstration phase and the low-rate initial production phase. The Hunter Manufacturing Company is responsible for integrating the DRS-built components such as the heater's main structure made of sheet metal, heat exchanger, and burner assembly, with its own diesel engines, control panels, and fuel system to complete the production of each heater. "This contract is another example that proves DRS is one of the preeminent suppliers of large-scale field equipment and systems to the U.S. Army," said Thomas G. Cornwell, president of DRS' Sustainment Systems business segment. "With our world-class engineering talent and manufacturing facilities, DRS can provide deployed military forces with the most reliable equipment available to help them accomplish their missions." 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 9,500 people. For more information about DRS Technologies, please visit the company's web site at www.drs.com. |
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