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Article: DRS Technologies Receives $44 Million Contract to Design and Produce Environmental Control Equipment for U.S. Army.
- Article from:
- Business Wire
- Article date:
- July 25, 2006
CopyrightCOPYRIGHT 2006 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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PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it has received a new $44 million contract, including options, to design and produce 60,000 BTU/hr Improved Environmental Control Units (60K IECUs) for the U.S. Army.
The contract was awarded to DRS by the U.S. Army's Communications-Electronics Command (CECOM) Acquisition Center - Washington in Alexandria, Virginia. Work for this contract will be performed by the company's DRS Sustainment Systems unit in Florence, Kentucky and includes the design, development and testing of prototype IECUs, followed by Low Rate Initial Production (LRIP) and full-rate production. The company received $1.4 ...
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