Wednesday, January 02, 2008 12:50:43 PM
DRS Technologies, Inc. (NYSE: DRS) announced today that it received an $18 million contract from Raytheon Missile Systems of Raytheon, Inc. (NYSE: RTN) in Tucson, Arizona , to produce infrared detector, Dewar cooler sensor assemblies for the Javelin Antitank Weapon Systems' Command Launch Unit (CLU).
The work will be accomplished by the company's DRS Sensors & Targeting Systems - Infrared Technologies Division in Dallas, Texas . The division will start delivering the infrared detectors this month with completion expected by November 2008 .
The Javelin is a man-portable, shoulder-fired, fire-and-forget, antitank missile employed by dismounted infantry units against armored combat vehicles. The Javelin system started its full rate production phase in 1994 and first deployed with military units in 1996. It is a replacement for the Dragon antitank missile system once used by U.S. Army and U.S. Marine Corps units, and is developed by the Raytheon and Lockheed Martin (NYSE: LMT) Javelin Joint Venture organization. Raytheon Missile Systems is a sub-contractor to the joint venture organization.
In addition to its work producing the CLU's infrared detector, Dewar cooler sensor assemblies, DRS also manufactures its cooled long-wave infrared detectors, its long-life cryogenic coolers, and assembles its vacuum Dewar and supporting command & control electronics.
"Being a prominent manufacturer and supplier of the command launch unit's infrared sensor, a primary supplier of the Standard Advance Dewar Assembly (SADA) I sensor for the Apache's Arrowhead electro-optical system, and one of two sources for the SADA II sensor, DRS has proven itself as a preeminent supplier of 2nd generation infrared sensors for the U.S. military," said James M. Baird, president of DRS' Reconnaissance, Surveillance & Target Acquisition business segment.
The RSTA business segment develops, manufactures and supports electro-optical technologies, including advanced cooled and uncooled thermal-imaging solutions for soldier systems, ground vehicle, airborne, and maritime as well as for industrial, security, public safety and firefighting applications.
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 9,500 people. For more information about DRS Technologies, please visit the company's web site at www.drs.com.
Source: DRS Technologies, Inc.
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