SOURCE: DRS Technologies

DRS Technologies

June 04, 2009 03:01 ET

U.S. Army Awards DRS Technologies $120 Million in Contract Awards for Tactical Quiet Generators

PARSIPPANY, NJ--(Marketwire - June 4, 2009) - DRS Technologies, Inc. announced today that it received approximately $120 million in multiple follow-on delivery orders under pre-existing contracts from the U.S. Army's Communications-Electronics Command (CECOM) at Fort Monmouth, New Jersey to manufacture more than 7,200 Tactical Quiet Generators (TQG) in various sizes.

The generators are in 3-, 5-, 10-, 15- and 100-kilowatt power output sizes, and will be manufactured by DRS Fermont in Bridgeport, Connecticut. Delivery of the generator sets started in the early part of 2009 and will run through January 2011. DRS TQGs provide military forces with a reliable power source that is lightweight, quiet and can be used in remote field locations wherever electrical power is needed. DRS next-generation 100-kilowatt TQG features an advanced electronic diagnostics and prognostics package, and a state-of-the-art digital control panel. A 200-kilowatt TQG is also offered with this feature, but not part of this contract award.

These awards continue a long-term production program for the Army, which began as a development program in 1997. Since then, DRS has been the premier provider of these generators for the military. These delivery orders are part of Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with CECOM, including a $369 million award established in April 2008. The orders are on behalf of various Army, Navy and Air Force units through the Army's Program Executive Office for Command, Control and Communications Tactical, and its subordinate office of Project Manager for Mobile Electric Power at Fort Belvoir, Virginia.

"Whether for training missions or real-world peacekeeping and combat operations, reliable tactical power is a critical need for U.S. military operations," said Roger N. Sexauer, president of DRS Power and Environmental Systems group. "DRS's suite of Tactical Quiet Generators is engineered and manufactured to meet stringent military requirements and to provide efficient, rugged and portable sources of electrical power."

DRS Fermont continues to be a leading designer and manufacturer of rugged, reliable military generators since World War II, and is the largest supplier of generators to the U.S. military.

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 www.drs.com.

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