DRS Technologies, Inc. (NYSE: DRS) announced today that it received a $23 million order from Northrop Grumman Corporation’s (NYSE: NOC) Space and Mission Systems business in Clearfield, Utah, to provide replacement environment control systems (ECS) for electronic equipment and personnel of the Minuteman III Intercontinental Ballistic Missile (ICBM) launch and missile alert facilities.
The order is part of a current five-year $101 million contract with the ECS Replacement Program team, comprised of the U.S. Air Force and Northrop Grumman. The government contracting agency is Ogden Air Logistics Center at Hill Air Force Base in Utah.
This is the third order DRS has received as part of the five-year contract initially awarded in 2006. Work is being executed by the company’s DRS Sustainment Systems units in St. Louis, Missouri, and Florence, Kentucky, with completion expected in September 2009.
The ECS replacement program was established to extend the life of the systems through 2020 by replacing with modern components the existing brine chillers, air handlers, pneumatic control systems, fans, dampers, controllers and alarms at launch facility and missile alert facilities. As part of the order and overall contract, DRS also will provide trainers, training, support equipment, and parts and engineering services for both Deployment and Interim Contract Support.
“The Minuteman III ICBM is very important to America’s strategic deterrence initiatives, as it is the country’s only ICBM currently on call,” said Thomas G. Cornwell, president of DRS’ Sustainment Systems Segment. “In light of this, it is no surprise that DRS, as a preeminent supplier of dozens of environmental control systems for multiple applications across the military product spectrum, once again was chosen to assist in this national security endeavor.”
The Environmental Control Systems will provide filtered, circulating and temperature- and humidity-controlled air to 450 Minuteman III launch facilities, 45 missile alert facilities, 19 ICBM Type I trainer facilities, two test sites at the Hill Air Force Base Strategic Missile Integration Complex and four sites at Vandenberg Air Force Base in California.
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.
Contacts:
Richard M. Goldberg, 973-451-3584
Vice
President, Public Affairs
goldberg@drs.com
or
Patricia
M. Williamson, 973-898-6025
Vice President, Investor Relations
p.williamson@drs.com
