DRS Wins $175M for Air Force Halvorsen Aircraft Logistics Work; Joseph Matteoni Comments

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DRS Technologies has won a 10-year, $175 million contract to perform depot-level overhaul, parts management and program engineering services for the U.S. Air Force‘s Halvorsen 25K Aircraft Cargo Loaders. Joseph Matteoni, vice president of the DRS Sustainment Systems business, said Wednesday that the company also provides logistics support for the Air Force’s Tunner program. Work under...

Byron Callan: 5 Defense Firms Collectively Spent $4B on R&D Projects in 2013

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Data compiled by Capital Alpha Partners analyst Byron Callan shows that five U.S. defense firms collectively spent 0 million more on research and development last year than they did in 2012, C4ISR & Networks reported Wednesday. The publication reports that Boeing (NYSE: BA), L-3 Communications (NYSE: LLL), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) invested...

BAE Systems, DRS Technologies Win Army Contracts for Night-Vision Technology

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BAE Systems and DRS Technologies have been selected by the U.S. Army to develop new night-vision weapon sight technology and head-worn goggles, Military & Aerosapce reported Thursday. The Family of Weapon Sights-Individual and Enhanced Night Vision Goggle III contracts were awarded by the Army Contracting Command as a follow-on to previous ENVG contracts, John Keller writes. The FWS-I...

Sally Wallace Named DRS C4ISR Group President; William Lynn Comments

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Sally Wallace Sally Wallace, formerly vice president of operations for the maritime and combat systems business of DRS Technologies, has been named president of the Finmeccanica subsidiary’s C4ISR business group. She will oversee DRS’ intelligence, computing, networking and sensor fusion businesses, DRS said Wednesday. William Lynn, CEO of DRS and Finmeccanica North America, said Wallace...

DRS to Build Naval Destroyer Power Supply Tech; Roger Sexauer Comments

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A DRS Technologies business unit will design and develop energy storage models to supply power for the U.S. Navy‘s DDG 51-class destroyers under a potential $88 million contract awarded by Naval Sea Systems Command. The company said Monday that DRS Power and Control Technologies will manufacture a storage system that intends to help a ship’s electric plant use only one gas turbine generator. Roger...

Joseph Matteoni: DRS Extends Payload Logistics Work for Air Force Cargo Aircraft

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A DRS Technologies business unit will continue payload logistics support work for the 60K Tunner Aircraft Cargo Loader under a new 10-year, $390 million contract with the U.S. Air Force. DRS said Thursday that its sustainment systems unit will also provide overhaul, program engineering and parts management support under the performance-based contract. Joseph Matteoni, the unit’s vice president...

DRS to Build South Korean Frigate Electric Drive System; Roger Sexauer Comments

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DRS Technologies Inc. has been awarded a more than $9 million contract with Hyosung Corp. to develop a hybrid electric drive propulsion system for the Republic of Korea Navy’s Incheon-class frigate. DRS’s maritime and combat support systems group will work to design, build and test hybrid electric drive magnet motors for the FFX Batch II warship, DRS said Wednesday. The ships are intended for coast...

DRS to Refresh Navy Vessel Repair Equipment; Patrick Marion Comments

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A DRS Technologies business unit has won a five-year contract worth up to $22 million to update repair station consoles on U.S. Navy guided missile destroyers. Laurel Technologies offer engineering services and support, spare components and RSC-related training to the Navy for the DDG 51-class vessels under an indefinite-delivery/indefinite-quantity contract, DRS said Tuesday. Patrick Marion, DRS...

DRS Wins $391M for Air Force Cargo Logistics

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A DRS Technologies business unit has won a $391 million contract to help manage aircraft cargo loaders for the U.S. Air Force at more than 80 locations worldwide. DRS Sustainment Systems Inc. won the contract through a competitive acquisition, through which the Air Force received two offers, the Defense Department said Wednesday. Performance-based logistics work for the 318 Tunner aircraft cargo loaders...

DRS Wins $200M to Service Coast Guard C-130s; Don Davis Comments

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DRS Technologies has won a potential $200 million contract to continue refurbishing and maintaining the U.S. Coast Guard‘s C-130 planes for at least one year. The contract includes four option years for maintenance, repair and overhaul services, DRS said Wednesday. DRS’ team has provided MRO services for the Coast Guard’s C-130 planes over the past three years. Don Davis, vice president...