DRS Technologies, Inc. has been awarded a five-year indefinite-delivery/indefinite-quantity contract valued up to $514.3 million byBudget Year the U.S. Army Contracting Command. The company’s reconnaissance, surveillance and target acquisition group will qualify and manufacture up to 32,000 small tactical optical rifle-mounted micro-laser range... 

The U.S. Army has awarded DRS RSTA, Inc., Melbourne, Fla., and L-3 Insight Technology, Inc., Londonderry, N.H.,  firm-fixed-price contracts worth a combined $953,093,229 for small tactical optical rifle mounted micro-laser range finders. Each company will provide between 150 and 32,000 range finders. DRS’ contract is for $514,278,650 and L-3′s...