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Article: DRS Technologies Awarded Contracts to Produce Radar Systems for U.S. Navy Surface Ships.
- Article from:
- Business Wire
- Article date:
- April 8, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
PARSIPPANY, N.J.--(BUSINESS WIRE)--April 8, 2004
DRS Technologies, Inc. (NYSE: DRS) announced today that it has received contracts from the U.S. Navy to provide AN/SPS-67 Surface Search Radar Systems for installation on DDG-51 Aegis class combatants.
The contracts, valued at $5.2 million, were received by DRS from the Naval Sea Systems Command (NAVSEA) in Washington, D.C. For these contracts, DRS will provide AN/SPS-67(V)3 Radar Systems and develop and produce new AN/SPS-67(V)5 Radar Systems. The new AN/SPS-67(V)5 configuration initially will be installed on the DDG-103 Guided Missile Destroyer. Work for this order will be ...