DRS subsidiary awarded additional $1.5 million contract for navy Combat Display Emulators.PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov. 12, 1996--Diagnostic/ Retrieval Systems, Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :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 )("DRS") announced today that its DRS Technology Applications & Service Company subsidiary in Gaithersburg, Md. has received a $1.5 million contract award from the U.S. Navy's Naval Surface Warfare Center Noun 1. Naval Surface Warfare Center - the agency that provides scientific and engineering and technical support for all aspects of surface warfare NSWC to provide additional Combat Display Emulators for land-based applications. This award is the result of the exercise of an option on an existing, multiple-year contract with a not-to-exceed value of approximately $37 million received by DRS in Feb. 1994. To date, approximately $16.4 million has been released to the company on this program, including this latest award. The company's Combat Display Emulators are operationally compatible display consoles that simulate the Navy's shipboard ship·board n. 1. The condition of being aboard a ship: on shipboard. 2. Archaic The side of a ship. adj. tactical display systems using advanced low-cost technology. These emulators fulfill the Navy's requirement to support operator training at Navy shore facilities, laboratories, aircraft tracking facilities and other land-based installations at half to one-third the cost of fully militarized mil·i·ta·rize tr.v. mil·i·ta·rized, mil·i·ta·riz·ing, mil·i·ta·riz·es 1. To equip or train for war. 2. To imbue with militarism. 3. To adopt for use by or in the military. equipment. DRS chairman, president and chief executive officer Mark S. Newman commented, "This award is further affirmation of our ability to consistently develop and deliver high-performance, high-quality display systems. As a leader in Commercial Off-The-Shelf Commercial off-the-shelf (COTS) is a term for software or hardware, generally technology or computer products, that are ready-made and available for sale, lease, or license to the general public. or "COTS" systems design, integration and production, DRS is committed to providing technologically current and cost-effective products to the U.S. defense community." The COTS-based design of DRS's display systems meets or exceeds critical performance, reliability and long-term support requirements for the company's government customers. The company's display systems are used in military platforms that span air, sea and land applications. DRS is a diversified, high-technology company serving global government and commercial markets. Principally a developer and manufacturer of a variety of sophisticated, leading edge systems use for the processing, display and storage of data, DRS provides its customers with a broad range of products, including electronic sensor, electronic imaging and electro-optical systems, and offers a full complement of technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . CONTACT: DRS, Inc., Parsippany Patricia M. Williamson, 201/898-1500 or Kehoe, White, Savage & Co. John P. Kehoe/Van Negris, 212/888-1616 |
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