DRS Technologies Receives a $9 Million Contract to Provide Infrared Sighting Systems for U.S. Army Tanks and Combat Vehicles.

PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it received a $9 million contract from the Raytheon Company's (NYSE: RTN) Network Centric Systems business in McKinney, Texas, to provide internal components and assemblies within Horizontal Technology Integration Second Generation Forward Looking Infrared (HTI SGF) sighting systems used aboard U.S. Army tanks and combat vehicles.

DRS will manufacture and provide Block 1 B-Kits for Improved Bradley Acquisition Systems (IBAS) and Commander's Independent Viewers (CIV), and Circuit Card Assembly sets for the Abrams Commander's Independent Thermal Viewer (CITV) installed on M1A2 Abrams Main Battle Tanks and M2A3 Bradley Fighting Vehicles.

The work for this contract will be accomplished by the company's DRS Sensors & Targeting Systems - Optronics Division in Palm Bay and Melbourne, Florida. The work will begin in March 2008 with completion expected by December 2009.

DRS' advanced high-resolution HTI SGF sighting technology within IBAS, CIV and CITV systems, helps the commanders of ground forces detect, identify and engage tactical targets during both day and night. Its SGF technology is dramatically superior to the first generation and doubles the distance at which soldiers can identify a target, greatly increasing crew survivability and reducing fratricide. The technology also contributes to information dominance by providing digital battlefield imagery to soldiers and helps promote interoperability among military platforms.

"The DRS technology within these sighting systems is critical to helping the Army 'own the night,' and helps commanders in their land vehicles successfully execute their missions," said James M. Baird, president of DRS' Reconnaissance, Surveillance & Target Acquisition (RSTA) business segment. "Employing the latest HTI technology into night vision systems is central to the Army's modernization strategy."

The 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.

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.