DRS Technologies Receives Satellite Communications Contract
16 Settembre 2008 - 3:00PM
Marketwired
DRS Technical Services, Inc. (NYSE: DRS), Herndon, Va., is being
awarded a $15,733,333 indefinite-delivery/indefinite-quantity,
firm-fixed-price contract for satellite communications equipment
and training. This contract includes options which, if exercised,
would bring the cumulative value of the contract to an estimated
$47,200,000. Work will be performed in Herndon, Va., and is
expected to be completed by Aug. 2011. Contract funds will not
expire at the end of the current fiscal year. This contract was
competitively procured via the Federal Business Opportunities web
site and the Space and Naval Warfare Systems Command E-commerce
website, with seven offers received. The Space and Naval Warfare
Systems Center, Charleston, S.C., is the contracting activity
(N65236-08-D-5152).
The Technical Services segment provides comprehensive network
and information technology support and services to domestic and
international users in remote, austere and hazardous locations. The
segment offers a broad range of mission-critical solutions
including data distribution networks and complex telecommunications
systems for data, Voice-over-Internet-Protocol (VOIP), conventional
telephone, and video applications delivered over integrated
satellite, terrestrial and wireless networks. Additionally, the
segment develops, manufactures and provides engineering and
logistics support for aircraft sustainment and fuel and water
distribution management as well as integrated physical security and
intrusion domestic systems for domestic and international military
forces.
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 10,000 people. For
more information about DRS Technologies, please visit the company's
web site at www.drs.com
For additional information please contact: Richard M. Goldberg
Vice President, Public Affairs (973) 451-3584 Email Contact or
Patricia M. Williamson Vice President, Investor Relations (973)
898-6025 Email Contact
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