DRS Technologies gains $140 million in follow-on orders for thermal sights for U.S. Army, U.S. Marine Corps

Posted by Courtney E. Howard

PARSIPPANY, N.J., 9 June 2010. DRS Technologies Inc. won $140 million in orders for Thermal Sights from the U.S. Army PEO Soldier, Project Manager Soldier Sensors and Lasers (PM SSL). The orders, which are part of a $387-million contract, include $68 million in Light, Medium, and Heavy Weapon Thermal Sights for the U.S. Army and $72 million in Medium and Heavy Weapon Thermal Sights for the U.S. Marine Corps.

Deliveries for the U.S. Army will occur January to December 2011. Deliveries for the U.S. Marine Corps will start in October 2010 and will continue through July 2011. The units will be manufactured by the Melbourne, Florida and Dallas, Texas operations of the DRS Reconnaissance, Surveillance & Target Acquisition (RSTA) business group.