SOURCE: DRS Technologies

DRS Technologies

July 07, 2010 07:01 ET

DRS Technologies Raises Over $1 Million Dollars for Operation Mend Primarily Through Employee Donations

PARSIPPANY, NJ--(Marketwire - July 7, 2010) -  DRS Technologies, Inc. announced its charitable foundation has raised over $1,000,000 primarily through employee donations to support Operation Mend, a program that provides advanced reconstructive surgery at Ronald Reagan UCLA Medical Center for U.S. service members who have been severely injured in Iraq and Afghanistan.

"All-employee" meetings were held throughout DRS facilities around the U.S., to inform and educate the DRS workforce on how they can help Operation Mend to serve more of America's wounded heroes. During the first week of the launch, DRS' Foundation received commitments from DRS employees for well over $450,000. To date, donations exceed $1,080,000 including a $200,000 corporate contribution from the DRS Foundation.

Mark S. Newman, chairman and chief executive officer for DRS Technologies, stated, "I am extremely proud of the generosity displayed by our workforce to raise this much money for such a remarkable program. Our wounded servicemen and women who receive this specialized care deserve nothing less."

Operation Mend is a collaboration with Brooke Army Medical Center that was launched with the help of philanthropist Ronald A. Katz, a member of the Ronald Reagan UCLA Medical Center advisory board, who recognized that providing excellent care to severely injured and disfigured soldiers need not be limited to the U.S. Department of Veterans Affairs and the Armed Services. The program is supported by the Intrepid Relief Fund that assists the military and veterans community. DRS has collaborated with them for several years.

Donations are being accepted via the Foundation's website at http://www.drsfoundation.net, and contributions are open to the public.

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 http://www.drs.com/

Contact Information

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    Richard M. Goldberg
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    Brian T. Gallagher
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