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CONTRACT NEWS IN BRIEF

19 Mar 03. DRS Technologies, Inc. (NYSE:DRS – News) has received several new orders to provide uncooled infrared sensors for use in various military and commercial applications. The contracts, with a combined value of approximately $6.7m, were awarded to DRS by various government and commercial organizations. Work for these contracts will be accomplished by the company’s DRS Infrared Technologies unit in Dallas, Texas. Product deliveries are expected to continue into DRS’s fiscal 2004 first quarter beginning April 1, 2003.

18 Mar 03. The U.S. Army awarded General Dynamics Corp. (NYSE:GD – News) a $156.2m contract for 113 Stryker medium-weight combat vehicles, part of a third Stryker brigade that will eventually include 309 vehicles. General Dynamics Land Systems said it would deliver the eight-wheeled vehicles between February and June 2004.

19 Mar 03. Lockheed Martin received an $106.6m USAF contract to produce Paveway II GBU-12 and –16 Laser Guided Bomb (LGB) kits. The award is part of a $281m contract covering the base year of an “indefinite delivery, indefinite quantity” contract with six one-year options. While the Air Force is responsible for the procurement, the majority of the kits will be used to restock U.S. Navy inventories, with the balance going to the Air Force. Lockheed Martin will begin delivering the kits in December 2003.

19 Mar 03. Mercury Lockheed Martin Company has selected Mercury Computer Systems Inc. real-time RACE Series(TM) multicomputer systems for use in the Tactical Input Segment (TIS) of the U.S. Navy Joint Service Image Processing System-Navy (JSIPS-N) shipboard digital imagery system.

19 Mar 03. General Electric Co. was awarded a delivery order amount of $37.1m as part of a $659m firm-fixed-price contract for 60 701C spare engines and 45 shipping and storage containers. Work will be performed in Lynn, Mass., and is expected to be completed by Sept. 30, 2003.

19 Mar 03. Northrop Grumman’s TRW unit was awarded a $10.4m increment as part of a $63.46m cost-plus-fixed-fee contract for engineering, technical, and operational support for the one-system shelters and Tactical Automated Landing System to support deployed units for the Unmanned Aerial Vehicle HUNTER System. Work will be performed in San Diego, Calif. (25%) and Sierra Vista, Ariz. (75%), and is expected to be completed by May 17, 2005.

19 Mar 03. Raytheon/Lockheed-Martin JAVELIN Joint Venture (RTN, LMT) was awarded a $48.5m modification to a firm-fixed-price contract for 378 command launch units, 378 battery coolant units, and various other services in support of the JAVELIN weapon system. Work will be performed in Orlando, Fla. (5%) and Tucson, Ariz. ( 95%), and is expected to be completed by March 31, 2006.

17 Mar 03. Tadiran Spectralink Ltd., a member of the Elisra Group, will supply another 500 AN/PRC-112D Personal Survival Radios to the US Army, in addition to the 500 units previously ordered for delivery in 2003. This brings the value of orders already received to a total of approximately $3m, approximately half the total scope of orders for these radios the company expects this year.

19 Mar 03. ITT Systems Inc. was awarded a $12m firm-fixed-price contract for management, supplies and services and qualified U.S. personnel necessary to provide armed guard services to satisfy the minimum guard posts requirement of 58 posts for Task Force Falcon, Kosovo. Work will be performed in and around Camp Bondsteel, Kosovo, and is expected to be completed by April 30, 2008.

19 Mar 03. L-3 Communications Holdings Inc. is being awarded an $8.3m indefinite-delivery/indefinite-quantity, firm-fixed-price, commercial item contract to provide Deployable Multi-Channel Satellite Systems (DMCS) and spares for the Special Operations Command. The contractor shall provide both a tri-band (C-, X- and Ku-) transmit/receive terminal and a dual-band (C-, Ku-) receive- only DMCS terminal. The DMCS shall be a portable,

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