DRS Awarded 3 Contracts for Naval Vessels Work

DRS logoTYSONS 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 is a five-year IDIQ contract for digital combat display systems and the third for network communication systems, DRS said Monday.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

David Smith
(703) 226-7002
[email protected]

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