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DRS Technologies Inc. (DRS)

Tear Sheet



DRS Technologies, Inc. provides defense electronic products, systems, and military support services. The company’s Command, Control, Communications, Computers, and Intelligence segment offers naval display systems, ship communications systems, radar systems, technical support, electronic manufacturing and system integration services, voice and data communications, air combat training, electronic warfare, and ship network systems; and power generation, conversion, propulsion, distribution, and control systems. This segment also provides technologies, including signals intelligence, communications intelligence, data collection, processing and dissemination equipment, digital data and imaging systems, unmanned vehicles, and mission and flight recorders; tactical systems consisting of battle management tactical systems, peripherals, electronic test, and diagnostics and vehicle electronics; and integration of security infrastructures into a single border security suite. Its Reconnaissance, Surveillance, and Target Acquisition segment offers electro-optical sighting, targeting, and weapon sensor systems; image intensification night vision, combat identification, and laser aimers/illuminator products; and electronic manufacturing services. The company’s Sustainment Systems segment provides military electronics and support equipment, as well as related heat transfer and air handling equipment, and power generation and distribution equipment. Its Technical Services segment offers engineering services, logistics and training services, technology services, security and asset protection systems and services, telecommunication systems, integration and information technology services, and power generation and vehicle armor kits. DRS Technologies serves the U.S. military, aerospace and defense contractors, government intelligence agencies, international military forces, and industrial markets. The company was founded in 1968 and is headquartered in Parsippany, New Jersey.


Web Address

http://www.drs.com

Email

patw@drs.com

Phone

973-898-1500

FAX

973-898-4730

Contact


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For the six months ended 30 September 2006, DRS Technologies, Inc.'s revenues increased 92% to $1.34B. Net income increased 41% to $46.5M. Revenues reflect the acquisition of Engineered Support Systems, Inc. and as well as strong organic growth especially in the companys ground vehicle sighting & targeting systems. Net income was partially offset by rise in interest & related expenses, lower interest income and higher income tax provision.




DRS Technologies Inc.


One Year Chart

One Year chart for DRS Technologies Inc.




















04/06/09 19:12