DRS TECHNOLOGIES AWARDED CONTRACTS FOR NAVAL VESSELS WITH POTENTIAL VALUE OVER $170 MILLION

ARLINGTON, VA, August 10, 2015 ̶ DRS Technologies Inc., a Finmeccanica Company, announced today that it has been awarded three contracts potentially worth more than $170 million for programs serving a range of U.S. and Royal Australian Navy ships. The contract work includes network communications, missile launching and combat display systems.

FOR IMMEDIATE RELEASE:

 

ARLINGTON, VA, August 10, 2015 ̶ DRS Technologies Inc., a Finmeccanica Company, announced today that it has been awarded three contracts potentially worth more than $170 million for programs serving a range of U.S. and Royal Australian Navy ships. The contract work includes network communications, missile launching and combat display systems.

“These contracts represent the broad stem-to-stern, high-quality and mission-critical capabilities that DRS brings to our U.S. Navy and international customers,” said Roger Sexauer, president of DRS’ Maritime and Combat Support Systems business. “Our commitment to our customers is to provide the best experience and technology at the most affordable price.”

The awards include:

- A U.S. Navy indefinite-delivery/indefinite-quantity contract for the production of DRS’ family of digital combat display systems for surface ships extending through 2020. The initial award total is more than $15 million with a cumulative value of up to $96 million if all options are exercised.

 DRS will provide hardware production,   assembly, configuration, integration, testing and shipping of the Common Display System (CDS) Technology Insertion -12. The CDS is a family of unique display systems for the service’s surface ships with potential future use by the U.S. Marine Corps and allied forces.

The CDS program was initially developed to support DDG 1000 and Aegis modernization, but has been expanded to all Aegis guided missile cruisers, destroyers and aircraft carriers; as well as amphibious ships including amphibious assault ships and dock landing ships.

- The second contract, also from the U.S. Navy, is for DRS to provide network communications systems for U.S. Navy and Australian ships, among other customers. Under the firm-fixed-price time and materials contract, the company will provide hardware, installation and checkout repair. Options for this contract, if fully exercised, could bring the potential value to more than $28.5 million. The initial contract value is worth more than $11 million. DRS will provide the Navy with its AN/USQ-82(V) Gigabit Ethernet Data Multiplex System (GEDMS), a high-speed network designed to meet expanding shipboard communications requirements, handling data critical to ship operation, maintainability, and survivability.

DRS’ GEDMS ensures interoperability between legacy and the latest commercial or militarized systems and transfers information between machinery control, steering, alarms, indicators, navigation systems, damage control and combat systems. The network is scalable to any size ship and various systems can be added, removed or changed without major software or hardware redesigns.

- The third is a sub-contract with Lockheed Martin to provide production hardware and various parts for the Navy’s MK41 Vertical Launching System (VLS). The VLS is the missile launching system for the U.S. Navy’s guided missile cruisers and destroyers (CG 47 and DDG 51-class), allied navy surface combatants, and Aegis Ashore systems of the Missile Defense Agency’s Ground-Based Missile Defense Program.

Under the contract, DRS will supply launch control units and programmable power supply systems for the VLS. The award is a firm-fixed-price order which could be worth up to $48 million on an as-needed basis.

The VLS is an advanced and versatile system that allows for minimal staffing and training compared to other ship-based missile launch systems, and is deployed on over 20 classes of ships and installed on more than 180 vessels around the world.

All of the DRS work for these contracts will be conducted in the company’s Laurel Technologies facility in Johnstown, Pennsylvania.

 

About DRS Technologies

DRS Technologies is a leading technology innovator and supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company specializes in naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, aviation logistics and avionics systems, and intelligence and security solutions. DRS is a two-time recipient of the Defense Security Service Award for Excellence in Counterintelligence and multiple James S. Cogswell Awards for Outstanding Industrial Security Achievement. Headquartered in Arlington, Virginia, DRS is a wholly owned subsidiary of Finmeccanica SpA, which employs more than 50,000 people worldwide. See the full range of capabilities at www.drs.com and on Twitter @drstechnologies.

 

For additional information please contact:

 

Michael Mount

Senior Director, Public Affairs

571-447-4624

mmount@drs.com

Twitter: @drstechnologies

 

 

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