DRS Technologies Awarded Coast Guard Contract to Continue C-130 Maintenance, Repair and Overhaul in Elizabeth City, NC

 DRS Technologies Awarded Coast Guard Contract to Continue C-130 Maintenance,
                  Repair and Overhaul in Elizabeth City, NC

PR Newswire

ARLINGTON, Va., May 15, 2013

ARLINGTON, Va., May 15, 2013 /PRNewswire/ --DRS Technologies, Inc., a
Finmeccanica Company, announced today it has been awarded a contract by the
U.S. Coast Guard (USCG) to continue its maintenance, repair and overhaul work
at the U.S. Coast Guard Aviation Logistics Center in Elizabeth City, North

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

Under the contract, DRS's Technical Services group will continue to provide
maintenance, repair and overhaul (MRO) services to Coast Guard C-130 aircraft
for one year with yearly options to extend up to an additional four years. If
all of the options are exercised by the Coast Guard, the contract could be
worth up to $200 million.

For more than three years, DRS's top-of-the-line MRO facility in Elizabeth
City, North Carolina has been servicing the Coast Guard's C-130 fleet and
ensuring the aircraft are kept mission-ready. The DRS North Carolina site
includes two modern aircraft modification, repair and overhaul facilities,
each over 100,000 square feet.

"We look forward to renewing our commitment to provide safe, on schedule,
mission-ready aircraft for our valued Coast Guard customers with the highest
quality workmanship to meet all mission requirements," said Don Davis, vice
president of operations for DRS's Technical Services group. "It is a privilege
to support the men and women of the USCG and we take great pride in our
service and delivery of aircraft ready to fly the mission. Over 240 DRS
employees contributed to this award by performing with excellence over the
past 41 months."

"DRS continuously strives to exceed expectations in its Technical Services
Group with the facilities, tools and skilled workforce required to perform at
the top of the industry for its aircraft customers, and the company looks
forward to enhancing that level of service for the USCG in support of its
vital mission," said Mitchell Rambler, president of DRS's Technical Services


DRS Technologies 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.

For additional information please contact:
Michael Mount
Director, Public Affairs and Communications
(703) 571-447-4624

SOURCE DRS Technologies

Website: http://www.drs.com
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