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DRS Technologies Receives New Navy Contracts

Posted on August 30, 2006

DRS Technologies, Inc. announced that it was awarded several new contracts with a combined value of approximately US$21 million to design and produce power and control equipment for the United States Navy’s next-generation surface ships, including the new DDG-1000 Zumwalt class, formerly known as the DD(X) – the U.S. Navy’s next-generation destroyer, the Littoral Combat Ship and the CVN-78 aircraft carrier, as well as existing classes of Navy combatant surface ships and submarines.

The contracts were awarded to DRS by the Naval Sea Systems Command (NAVSEA) in Washington, D.C. and various U.S. Navy shipyards and prime defense contractors. For these orders, DRS will design, develop, manufacture and test advanced instrumentation and control, power conversion and distribution equipment, and advanced shipboard propulsion equipment for both low- and medium-voltage shipboard conventional and nuclear-powered electric plants supporting U.S. Navy combatant submarines and surface ships. Equipment provided will include variable- and fixed-speed motor controls, electric drives and permanent magnet motor development. DRS also will perform after-market repair activity for electric plant control and monitoring system components.

Work for these contracts has commenced and will continue through September 2011. The company’s DRS Power & Control Technologies unit in Milwaukee, Wisconsin, U.S.A.; Danbury, Connecticut, U.S.A. and DRS Power Technology unit in Fitchburg and Hudson, Massachusetts, U.S.A. will perform all work associated with these contracts.

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