DRS Technologies Awarded Contract to Provide the U.S. Army with Target Location and Designation Systems

    DRS Technologies Awarded Contract to Provide the U.S. Army with Target
                       Location and Designation Systems

PR Newswire

ARLINGTON, Va., April 29, 2013

ARLINGTON, Va., April 29, 2013 /PRNewswire/ --DRS Technologies, Inc., a
Finmeccanica Company, announced today that it has been awarded a $15.5 million
contract by the U.S. Army for an advanced targeting system. The
cost-plus-fixed-fee, incrementally-funded contract by the U.S. Army
Contracting Command, Aberdeen, MD is for the Engineering and Manufacturing
Development phase of the Joint Effects Targeting System (JETS) Target Location
and Designation System (TLDS).

(Logo: http://photos.prnewswire.com/prnh/20121130/PH22008LOGO )

The management, design and manufacture of these prototype systems will be
performed at DRS facilities in Dallas, Texas and Melbourne, Florida with an
estimated completion date in March 2016.

"The DRS JETS solution is the result of several years of innovation and
development. We offer an integrated design that affordably improves soldier
precision targeting capability," said Mike Sarrica, President of DRS Network &
Imaging Systems. "This award is a testament to the hard work and dedication
of DRS team members to understanding our customer's requirements and
developing, qualifying, testing and producing a superior product."

Systems delivered as part of the JETS program will provide the dismounted
Forward Observer and Joint Terminal Attack Controller the ability to acquire,
locate and mark for precision Global Positioning System-guided and
laser-guided munitions. The TLDS component of this system will provide the
dismounted Forward Observer with a common and light-weight handheld precision
targeting capability.

About DRS Technologies
DRS Technologies, Inc. (DRS) 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 SpA (FNC.MI), which employs approximately 70,000 people
worldwide. Within DRS, the Network and Imaging Systems (NIS) Group
manufactures and supports advanced electro-optical sensor systems, and
develops innovative networking capabilities that integrate these sensors in a
broader tactical C4 environment. NIS operates in Dallas, Texas; Melbourne,
Fla.; Cypress, Calif.; Huntsville, Ala.; Columbia, Md.; and the United
Kingdom. For more information about DRS, please visit the company's website
at www.drs.com.

For additional information please contact:
For DRS Technologies
Michael Mount
Director, Public Affairs
(571)447-4624
mmount@drs.com

SOURCE DRS Technologies, Inc.

Website: http://www.drs.com
 
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