SOURCE: DRS Technologies

DRS Technologies

June 11, 2009 03:01 ET

DRS Technologies Awarded $28 Million to Complete Chassis Upgrades for the M2A3 Bradley

PARSIPPANY, NJ--(Marketwire - June 11, 2009) - DRS Technologies, Inc. announced that it was awarded a $28 million contract modification to complete the Chassis Modernization Embedded Diagnostic System (CMED) for the M2A3 Bradley.

The contract was awarded by BAE Systems, the U.S. subsidiary of BAE Systems plc. The work for this contract will be performed by the company's DRS Test & Energy Management (DRS-TEM) unit in Huntsville, Alabama and installed at BAE Systems' production facility in York, Pennsylvania.

The CMED system is a digital diagnostic system that detects, reports and communicates critical component level information of any faults on the vehicle's electronics and reports them in real-time to the crew displays.

"By delivering real-time diagnostics results, the CMED helps increase the Bradley's reliability, thus lowering the operational and maintenance costs during its life cycle," said Jerry Sinn, president of DRS Tactical Systems Group. "This award confirms (DRS-TEM) as a premier provider of embedded diagnostic systems for the U.S. Army's Bradley Fighting Vehicle."

DRS Technologies, Inc., headquartered in Parsippany, N.J., 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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