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DRS Technologies Inc. (DRS) is in the Technology Industry

Revenue
Mar 31 2008
$3.2B
Profit
Mar 31 2008
$165.7M
Market Cap
Sep 04 2008
$3.2B

Latest News and Analysis

Additional Resources

  • Eugene F. Moran, Jr. Joins DRS Technologies as VP Government Relations for Maritime Programs

    DRS Technologies, Inc. (NYSE: DRS) ispleased to announce that Eugene F. Moran, Jr. has joined its WashingtonOperations as VP Government Relations for Maritime Programs. Mr. Moran's position entails developing and implementing legislativestrategies to Congress and other federal agencies in support of DRSMaritime programs. Prior to coming to DRS, Mr. Moran...

    Articles 2008-08-07

  • Anchors Away! Intellitactics SIEM Protects Naval Combat System and Packages Software On a Ship-Stable Compact Flash Drive

    Intellitactics and DRS Technologies Team on Naval Project for Security Management and Incident Response RESTON, Va. -- Intellitactics announced that its Intellitactics Security Manager ISM has been selected by DRS Technologies, Inc. (NYSE: DRS) to serve as the centerpiece of a security information and event management system designed...

    Articles 2008-07-30

  • Joint Presentation by DRS Technologies and Finmeccanica to be Broadcast on the Internet

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that the company's joint presentation with Finmeccanica S.p.A. (FNC.MI) at the ANdAZ Hotel, formerly the Great Eastern Hotel, in London, U.K., will be broadcast live over the Internet. The joint presentation will follow the presentation by Finmeccanica's management of their...

    Articles 2008-07-29

  • DRS Technologies Successfully Completes Testing of Permanent Magnet Motor System At US Navy Land-Based Test Site

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it has successfully completed full-power testing, as required by the U.S. Navy, of its power-dense Permanent Magnet Motor PMM and drive at the U.S. Navy's Integrated Power System IPS Land-Based Test Site LBTS in Philadelphia, Pennsylvania....

    Articles 2008-07-09

  • Pet projects still abound in D.C.

    WASHINGTON -- So much for trimming the pork. The practice of decorating legislation with billions of dollars in pet projects and federal contracts is still thriving on Capitol Hill -- despite public outrage that helped flip control of Congress two years ago. ...

    Articles 2008-06-08

  • DRS Awarded $16 Million US Army Contract for Multi-Temperature Refrigeration Container Systems

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE:DRS) announced today that it received a $16.2 million order to provide Multi-Temperature Refrigeration Container System MTRCS units to the U.S. Army's Natick Soldier Systems Center at Natick, Massachusetts. The full-rate production order is part of a previously awarded fixed price five-year...

    Articles 2008-06-02

  • DRS Technologies Inc

    DRS Technologies Inc., Parsippany, N.J., said it has received three contract awards worth approximately $55 million from the U.S. Army's Communications-Electronics Command CECOM at Fort Monmouth, N.J., to manufacture more than 2300 Tactical Quiet Generators TQG. The first delivery order is worth $37 million, the...

    Articles 2008-06-01

  • DRS Technologies Reports Record Fourth Quarter and Fiscal 2008

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the fiscal 2008 fourth quarter and year, which ended March 31, 2008. Results for both periods included higher revenues, operating income, net earnings and earnings per share than the same periods a year earlier. For fiscal...

    Articles 2008-05-30

  • DRS Technologies Inc. of N.J. and Smiths Detection of Edgewood get

    DRS Technologies Inc., of Parsippany, N.J., and Smiths Detection, of Edgewood, announced they have signed an agreement to jointly develop and produce the model 4A Chemical/Biological Protective Shelter, a contamination free, environmentally controlled working area that enables medical combat and combat service support personnel to work freely without continuously wearing...

    Articles 2008-05-23

  • DRS Technologies-Smiths Detection Team to Produce Chemical/Biological Protective Shelters

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) and Smiths Detection (LSE: SMIN) recently formalized a teaming agreement for the joint development and production of the model 4A Chemical/Biological Protective Shelter (CBPS-M4A). The agreement stems from a request by the customer, the Joint Program Executive Office for Chemical...

    Articles 2008-05-22

  • DRS Technologies Declares Quarterly Dividend

    PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable on June 30, 2008 to stockholders of record as of the close of business...

    Articles 2008-05-14

  • Finmeccanica to Acquire DRS for US$5.2 billion

    Creates a New Leading Player in Defense Electronics with Balanced Global Presence ROME and PARSIPPANY, N.J., May 12 /PRNewswire/ -- Finmeccanica, S.p.A. (Milan: FNC), a world leader in the supply of electronics equipment and defense and security systems and services, and DRS Technologies, Inc. , a leading...

    Articles 2008-05-13

  • Fitch Places DRS Technologies' Ratings on Rating Watch Positive

    NEW YORK -- As disclosed in a press release earlier today, Fitch Ratings has placed the ratings for DRS Technologies, Inc. (NYSE:DRS) on Rating Watch Positive following the announcement that Finmeccanica SpA Finmeccanica has agreed to purchase DRS for approximately US$5.2 billion. For more details on Finmeccanica, please...

    Articles 2008-05-13

  • Finmeccanica and DRS Technologies to Provide Internet Broadcast of Conference Call

    ROME & PARSIPPANY, N.J. -- Finmeccanica SpA (Milan: FNC) and DRS Technologies, Inc. (NYSE: DRS) today announced that they will hold a joint conference call with analysts and the investment community on the signing of a definitive merger agreement for Finmeccanica to acquire DRS. The call will be broadcast live...

    Articles 2008-05-13

  • Investor Alert from Cauley Bowman Carney & Williams, PLLC: Update on Proposed Acquisition of DRS Technologies Inc. - DRS

    LITTLE ROCK, Ark., May 13 /PRNewswire/ -- Cauley Bowman Carney & Williams, PLLC announces an investigation into the proposed acquisition of DRS Technologies Inc. ("DRS"). On May 13, 2008, DRS announced that it has entered into a definitive merger agreement with Italian aerospace and defense company Finmeccanica SpA....

    Articles 2008-05-13

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  • Incorporated: 1968
  • CEO: Mr. Mark S. Newman

DRS Technologies is a supplier of defense electronic products, systems and military support services. Co. provides products and services to branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies, international military forces and industrial markets, focusing on areas such as command and control, intelligence, surveillance, reconnaissance, power management, battlefield digitization, communications and networks, military vehicle diagnostics, troop sustainment and technical support. Co. also provides support services to the military, including telecommunication and information technology services, and training and logistics support services.

Key Competitors

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DRS Technologies Inc. Company Info

Board of Directors

Mr. Mark S. Newman

Chairman

General Dennis J. Reimer

General Charles G. Boyd

Mr. William F. Heitmann

Mr. C. Shelton James

Admiral Stuart F. Platt

Mr. Eric J. Rosen

Dr. Donald C. Fraser

Mr. Steven S. Honigman

Mr. Ira Albom

Mr. Mark N. Kaplan

Contact Information

5 Sylvan Way

Parsippany, NJ

http://www.drs.com

973 898-1500

NAICS Code

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing: 334511
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