DRS Technologies Awarded $13.2 Million Contract to Provide Low-Voltage Distribution and Load Center Switchboards on the U.S. Nav
January 23 2007 - 9:30AM
Business Wire
DRS Technologies, Inc. (NYSE: DRS) announced today that it received
a $13.2 million award on a contract value of $61.2 million,
including options, from Northrop Grumman (NYSE: NOC) to deliver a
full shipset of low-voltage (450-volt) distribution and load center
switchboards for the U.S. Navy�s newest amphibious assault ship �
the LHA-6. The work will be performed by the company�s DRS Training
& Control Systems unit in Ft. Walton Beach, Florida. DRS will
be responsible for both the design and production of the
switchboards. Product deliveries are expected to begin immediately
and continue through September 2009. �This award continues our
position as a premier supplier of low-voltage load centers and
distribution switchboards for the U.S. Navy�s LHD/LHA amphibious
assault ships,� said Richard S. Danforth, president of the
company�s Command, Control & Communications Strategic Business
Unit. �This contract strengthens the company�s competitive position
to supply similar switchboards for the U.S. Navy�s future ships.�
The company�s DRS Training & Control Systems unit has been
working with Northrop Grumman for more than 20 years, providing
development and manufacturing of various types of shipboard control
system hardware, such as solid-state power controllers, interior
communication panels and weapon control electronics for other
various classes of U.S. Navy ships. The U.S. Navy�s amphibious
assault ships resemble small aircraft carriers and are designed to
embark, land and support U.S. Marine Corps expeditionary forces.
The LHA-6 ship is being designed to replace the current LHA-1
Tarawa class ships, as they near the end of their service life, and
to ensure the �flagship� of a U.S. Marine Corps expeditionary unit
is optimized for future aircraft, such as the MV-22 Osprey and the
Joint Strike Fighter. DRS Technologies, headquartered in
Parsippany, New Jersey, is a leading supplier of integrated
products, services and support to military forces, intelligence
agencies and prime contractors worldwide. The company employs
approximately 10,000 people. For more information about DRS
Technologies, please visit the company�s web site at www.drs.com.
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