PARSIPPANY, NJ -- (Marketwire) -- 08/16/10 --

Highlights / Key Facts:

• DRS Technologies, Inc. announces the award of a Phase II contract for On-Board Vehicle Power for fifteen Hybrid Electric High Mobility Multi-Purpose Wheeled Vehicles (HMMWVs).

• This award is the result of a down-select by the United States Marine Corps (USMC) from two competing designs.

• DRS provided a preliminary product sample and a first article test vehicle for a side-by-side technology assessment by the Marine Corps at Aberdeen Proving Grounds, Aberdeen Maryland.

• Delivery of Phase II initial production units is scheduled for February 2011.

About the Technology:

• Each HMMWV will now have the capability of producing more than 30kW of electrical power through an advanced generator system that is embedded within the HMMWV's existing transmission.

• The OBVP will provide the USMC an enhanced mobile electric power generation capability with minimal impact to vehicle mobility or payload.

• It will also increase the Marines' flexibility during deployment in the field by providing an efficient source of clean power anywhere the vehicle can travel.

Executive Quote:

• Gary Smith, vice president and general manager of DRS Test and Energy Management: "DRS listened to the evolving requirements of the Marine Corps and military customers and responded with an integrated solution that uses power products from DRS companies in Huntsville, AL, Fitchburg, MA, and Bridgeport, CT to develop DRS' On-Board Vehicle Power system.

• LTG Jerry Sinn, U.S. Army, (Ret.) president of DRS Tactical Systems Group: "This solution demonstrates the potential for radical improvements in power generation for today's modern warfighter. This is truly a milestone for DRS' power team."

About DRS Technologies:

• DRS Technologies, headquartered in Parsippany, NJ, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company is a wholly owned subsidiary of Finmeccanica S.p.A. (FNC.MI) which employs more than 73,000 people worldwide. For more information about DRS Technologies, please visit the company's website at www.drs.com.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1333908

Add to Digg Bookmark with del.icio.us Add to Newsvine