2010-02-10 12:19:28 -

PARSIPPANY, NJ -- (Marketwire) -- 02/10/10 --


Highlights / Key Facts:

• DRS Technologies, Inc. announced that U.S. military orders for its infrared Driver's Vision Enhancers (DVEs) have reached $100 million against a June 2009 contract.
• Contract was awarded by the U.S. Army Communications and Electronics Command (CECOM) at Fort Monmouth, N.J.
• Contract covers orders from the U.S. Army, Navy, Marine Corps, Air Force and Special Operations Command for the DVE Family of Systems (FOS).
  

About the Technology:

• DRS DVEs use advanced infrared-imaging technology to help operators maneuver in severely degraded visual conditions -- at night, through smoke, fog, sand and other battlefield obscurants. In addition, the units provide advanced situational awareness capabilities helping users detect, avoid and neutralize possible threats.
• 40,000 units already purchased for deployment on vehicles such as Abrams tanks, Bradley Fighting Vehicles, Strykers, MRAPs, Amphibious Assault Vehicles, and HMMWVs.

About the Contract:

• Among the products ordered by these groups are complete DVE systems for combat and tactical-wheeled vehicles, as well as spare integration kits, sensor modules, displays, and other system components. Deliveries began in November and extend through September 2010.
• Under the terms of this contract, DRS is offering four versions of this technology within the DVE FOS:
• DVE Lite for line-haul trucks and tactical vehicles
• DVE CV for combat vehicles
• DVE TWV with Electronic Pan and Tilt Module for tactical wheeled vehicles
• DVE TWV with Forward Activity Detection System (FADS) for detection and surveillance of suspicious activities at unprecedented distances

Executive Quote:


Terry Murphy, president of DRS Technologies' Reconnaissance, Surveillance & Target Acquisition (RSTA) business group:

• "We're proud to help our troops undertake their missions with confidence while under very challenging circumstances."
• "It's our goal to continue to drive down the cost of this technology so the DVE is as common on the battlefield as headlights are here at home."
  

About DRS Technologies: DRS Technologies, headquartered in Parsippany, NJ, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company is a wholly owned subsidiary of Finmeccanica S.p.A. (FNC.MI) which employs more than 73,000 people worldwide. For more information about DRS Technologies, please visit the company's website at www.drs.com :


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