DRS TECHNOLOGIES FORGES AHEAD WITH MORE CONTRACT AWARDS
16 Jun 04. Al Zimmerman, Head of Sales at DRS Tactical Systems segment at Palm Bay, Florida told BATTLESPACE Editor, Julian Nettlefold at Eurosatory that the company has now been selected for 2000+ FBCB2 units won in competition against L-3 of California. The contract, worth $21m approximately for units and test equipment will start delivery in September. This order comes on top of the Urgent Needs Requirement of 1675 units for Iraq which will be completed by the end of June. The company has now delivered over 10,000 units. “We are looking forward to a long term relationship with the U.S. Army to supply these FBCB2 units which when used operationally are saving lives,” Zimmerman said.
“In addition we continue to win work on the UK Bowman project and will shortly be transferring work to Farnham and we intend to start delivery of the Installation kits from there in due course. In addition the Commander’s Display unit and the PPDU will be transferred to Farnham. Farnham will be a centre of excellence for European and International expansion. We are already recruiting more staff and the company has booked a record year with contracts from Greece and other European countries giving a record turnover which matches the whole of 2003.”
On June 9th, DRS Technologies (NYSE: DRS – News) announced that it will provide next-generation airborne instrumentation subsystems for air combat training to Cubic Defense Applications, a segment of Cubic Corp. in San Diego, California, for the U.S. Air Force’s P5 Combat Training System/Tactical Combat Training System (P5CTS/TCTS) program. The P5 Combat Training System is an indefinite delivery/indefinite quantity (IDIQ) contract potentially valued at $525m over ten years.
The P5CTS/TCTS program will provide the U.S. Air Force with state-of-the-art air combat training equipment. For an initial $12m production contract, DRS will manufacture more than 100 airborne instrumentation subsystems designed to provide fighter pilots with tethered and rangeless real-time, air-to-air and air-to-ground training. Work for this contract will be accomplished by the company’s DRS Training & Control Systems unit in Fort Walton Beach, Florida. Product deliveries for the initial contract are expected to begin in April 2005 and continue through August of the same year.
On June 16 DRS Technologies Inc. received $31m in orders over the past few months from Lockheed Martin Corp. to provide production, spares and engineering services for the U.S. Navy. DRS Technologies also will provide computer peripheral equipment for the Navy’s new Aegis destroyers, cruisers and other surface ships, as well as E-2C Hawkeye aircraft and USS Los Angeles class SSN 688 attack submarines. The company will manufacture COTS-based systems at its DRS Laurel Technologies unit in Johnstown, Pennsylvania, and engineering services will be provided by the company’s DRS Electronic Systems unit in Gaithersburg, Maryland.
On June 1, DRS Technologies, Inc. received $33m in U.S. Army contracts to provide new embedded diagnostics systems for installation on the M2A3 Bradley Fighting Vehicles. For these awards, DRS will design, develop and manufacture chassis modification and embedded diagnostics sets. The sets will provide a redesign, function upgrade and embedded diagnostic integrated capability for the vehicles, while delivering increased reliability, a reduced logistics footprint, and lower operating and support costs. These embedded diagnostics systems are applicable to the entire fleet of Bradley Fighting Vehicles.
The contracts were awarded to DRS by TACOM in Rock Island, Illinois. Work for this order will be accomplished by the company’s DRS Test & Energy Management unit in Huntsville, Alabama. Product deliveries are expected to begin in March 2005 and continue through November 2005. Additional contracts for production and installation of these diagnostic k