Article: DRS Technologies Receives $44 Million Contract to Design and Produce Environmental Control Equipment for U.S. Army.

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!