DRS Technologies, Inc. (NYSE: DRS) announced today that it has
designated its United Kingdom (UK) operating unit, DRS Technologies
UK, Ltd. (DRS UK), to serve as the focal point in the company's
efforts to further increase business opportunities in the UK and
Europe.
"With the key personnel, diversified capabilities, and strategic
insight, DRS now has the critical mass to fully commit itself to
securing more contracts in the UK and Europe's defense market," said
Mark S. Newman, chairman, president and chief executive officer of DRS
Technologies, Inc. "As a natural evolution in its continued growth
this official and committed entry will provide European countries with
second-to-none capabilities and experience that DRS can offer."
"As the corporation's UK and European focal point, DRS UK will
provide customers with a regional point of contact and ensure access
to our broad capabilities. DRS is committed to expanding its presence
in the global defense market," said Steven T. Schorer, president of
DRS' Command, Control, Communications, Computers & Intelligence (C4I)
Business Segment.
"DRS has program experience and key relationships established in
Great Britain with prime contractors and the Ministry of Defence,"
said Stuart Bolton, managing director of DRS Tactical Systems, Ltd. in
Farnham, Surrey, United Kingdom. "I am proud to support the
corporation's efforts to expand DRS' international presence and
offerings. We are a fully operational UK business unit supporting
design, development, manufacturing, integration, and whole life
support of indigenous products."
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 please visit the company's web site at
www.drs.com.
DRS is exhibiting today through Friday in booth #2055 and suite
#W27 at the 2007 Defence Systems & Equipment International (DSEI)
Exhibition at the London Exhibition and Conference Centre (ExCeL) in
London, England.
