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 provisioning.
“We are proud to have this opportunity to expand on our already strong relationship with General Dynamics Land Systems – Canada and to bring this world-class capability to the Canadian Army, ” said Joseph Matteoni, vice president/general manager of DRS Sustainment Systems Inc.
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