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...

Steven Cortese Named DRS Washington Operations EVP; William Lynn Comments

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Steven Cortese Steven Cortese, a senior vice president at ATK (NYSE: ATK), has joined DRS Technologies as executive vice president for Washington operations. Cortese will serve as senior manager of the company’s relationships with U.S. Defense Department and federal agency customers, international customers and with defense industry business leaders, DRS said Friday. ATK announced last week Cortese...

Lockheed, DRS to Engineer Laser Tech Systems for DARPA

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Lockheed Martin (NYSE: LMT) and DRS Technologies have won contracts to engineer laser systems aimed at detecting light and illuminating targets for the Defense Advanced Research Projects Agency. DARPA intends for the Laser Radar Technology program to create new imaging systems that find targets and help unmanned ground vehicles and aircraft avoid targets, Military & Aerospace Electronics reported...

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...

DRS to Restructure, Relocate Corporate Functions; William Lynn Comments

DRS Technologies announced it is restructuring into three operations groups and will enter a proxy agreement with the Defense Security Service. DRS, a Finmeccanica subsidiary, said the agreement will allow DRS and its subsidiaries to compete for classified contracts and access classified information as a unified entity. DRS will also consolidate its corporate functions from Parsippany, N.J. and Rockville,...

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