Hello, Guest!
  • Friday, April 19, 2024

DRS Wins $134M For Thermal Sight Tech, Security Services

DRS Technologies has won two indefinite-delivery/indefinite-quantity contracts worth up to $134 million, according to an announcement from Finmeccanica, DRS’ Italy-based parent company.

DRS received a potential $40 million contract from the U.S. Defense Department to manufacture spot on target long-range day and night thermal sight equipment for the military.

The company also received a potential $94 million contract to provide the Navy‘s Space and Naval Warfare Systems Command command with electronic security services.

DRS is restructuring into three operating groups and plans to enter a proxy agreement with the Defense Security Service, allowing DRS and its subsidiaries to compete for classified contracts.

The agreement would also allow the company to access classified information as a unified entity.

Video of the Day

Related Articles

CEO Mile Corrigan Lands 2nd Wash100 Award for Growth-Oriented Noblis Stewardship News

CEO Mile Corrigan Lands 2nd Wash100 Award for Growth-Oriented Noblis Stewardship

Noblis President and CEO Mile Corrigan has earned a second consecutive Wash100 Award for her ambitious, growth-minded leadership of the science and technology organization. Vote for Corrigan and your other favorite GovCon execs in the Wash100 Award popular vote contest, open now until April 30! It’s been an exciting, neck-and-neck race thus far. The Wash100 is a signature

ACI Payments, Link2Gov Win IRS ePayment Card Service Contracts Contract Awards

ACI Payments, Link2Gov Win IRS ePayment Card Service Contracts

ACI Payments and Link2Gov Corp. have won contracts worth $2.07 billion combined to deploy electronic payment systems for the Internal Revenue Service. The two companies will provide taxpayers with options to make debit or credit card payments for federal taxes and user fees, according to award notices posted Saturday on SAM.gov. An IRS ePayment system

5 Companies Win Spots on $100M Air Force ISR, Cyber Support Contract Contract Awards

5 Companies Win Spots on $100M Air Force ISR, Cyber Support Contract

Five companies will compete for task orders to advise and assist the U.S. Air Force in matters related to intelligence, reconnaissance and surveillance, cyber effects and electromagnetic spectrum operations. USAF allocated $1,000 for each awardee on the indefinite-delivery/indefinite-quantity contract using fiscal 2023 operations and maintenance funds, the Department of Defense said Tuesday. Contractors will primarily