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Tag Archives: DRS Technologies

Raytheon’s David Wajsgras Joins CNAS Board of Advisers

David Wajsgras

TYSONS CORNER, VA, January 19, 2016 — David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from …

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IAP Buys DRS’ Aviation, Tactical Comms Businesses; Doug Kitani Comments

U.S. Navy photo

IAP Worldwide Services has purchased the aviation and logistics, and tactical communications and network solutions business units of DRS Technologies for an undisclosed sum. IAP said Wednesday it will combine the two acquired segments with its aviation and engineering solutions and national security programs units. Doug Kitani, CEO of IAP Worldwide Services, said …

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DRS to Provide Comms System for Canada’s Auxiliary Oiler Replenishment Ship

DRS logo

TYSONS CORNER, VA, November 2, 2015 — DRS Technologies‘ (NYSE: DRS) subsidiary in Canada will provide the SHINCOM 3100 integrated communications system for the Canadian navy’s Auxiliary Oiler Replenishment ship program, ExecutiveBiz reported Friday. The company said Wednesday it will provide the systems under an agreement with partners Chantier Davie Canada and Project Resolve …

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DRS Lands Potential $367M Army Contract for Night-Vision, Thermal Sights Tech

DRS logo

DRS Technologies will provide an integrated night-vision goggle and thermal weapon sight system to the U.S. Army under a potential $367 million indefinite-delivery/indefinite-quantity contract. The company said Friday the Army awarded the contract to support the Enhanced Night Vision Goggle III and Family of Weapon Sights – Individual programs. According to DRS, the integrated technology …

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DRS Awarded 3 Contracts for Naval Vessels Work

DRS logo

TYSONS CORNER, VA August 12, 2015 — DRS Technologies (NYSE: DRS) has been awarded three contracts worth $170 million to provide various services on naval vessels, ExecutiveBiz reported Tuesday. The first is a Lockheed Martin (NYSE: LMT) subcontract to provide missile launch parts for the Navy’s MK41 Vertical Launching System, the second …

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Financial Times: Finmeccanica Halts DRS Sale Plan

DRS logo

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense sector for the rest of this year, Financial Times reported Sunday. Peggy Hollinger writes Finmeccanica also is not searching for a U.S. partner to purchase a stake in DRS but …

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Navy Chooses DRS Secure Voice System for Aegis Ships

DRS logo

TYSONS CORNER, VA April 20, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on DRS Technologies receiving a $55 million contract to install integrated voice communications systems on the U.S. Navy’s fleet of Aegis cruisers and destroyers. DRS said Wednesday the contract provides the company with the opportunity to upgrade …

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General Dynamics Selects DRS Surveillance System for Canadian LAV 6.0

LAV UP 6.0

TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on General Dynamics (NYSE: GD) picking DRS Technologies’ (NYSE: DRS) surveillance system for installation on the Canadian army’s light armored vehicles. DRS said Tuesday the eight-year contract worth $100 million includes mast-mount long-range surveillance suites, operator control stations and program engineering support …

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DRS to Develop, Integrate Electronic Parts into US Navy Submarines; Roger Sexauer Comments

DRS logo

DRS Technologies (NYSE: DRS) has been awarded a more than $384 million contract to develop and integrate electronic equipment into the U.S. Navy’s various submarines in a move to modernize the combat control and sonar systems. The company will produce display, processor and network parts for installation in the SSN 688i, …

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Engility Co-Chair Peter Marino Joins Vistronix Board; John Hassoun Comments

Vistronix

Peter Marino, co-chairman of the board of directors at Engility (NYSE: EGL), has been appointed to the board of directors at Vistronix Intelligence & Technology Solutions. “His insight will help us leverage our cyber and big data analytics capabilities as we expand further in the national intelligence community,” John Hassoun, Vistronix president and …

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