U.S. Army awards DRS Technologies $120 million in contract awards for Tactical Quiet Generators

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DRS Technologies, Inc., a Finmeccanica [FNC IM; SIFI.MI] Company, announced today that it received approximately $120 million in multiple follow-on delivery orders under pre-existing contracts from the U.S. Army's Communications-Electronics Command (CECOM) at Fort Monmouth, New Jersey to manufacture more than 7200 Tactical Quiet Generators (TQG) in various sizes.

The generators are in 3-, 5-, 10-, 15- and 100-kilowatt power output sizes, and will be manufactured by DRS Fermont in Bridgeport, Connecticut. Delivery of the generator sets started in the early part of 2009 and will run through January 2011. DRS TQGs provide military forces with a reliable power source that is lightweight, quiet and can be used in remote field locations wherever electrical power is needed. These awards continue a long-term production program for the Army, which began as a development program in 1997. Since then, DRS has been the premier provider of these generators for the military. These delivery orders are part of Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with CECOM, including a $369 million award established in April 2008. DRS Fermont continues to be a leading designer and manufacturer of rugged, reliable military generators since World War II, and is the largest supplier of generators to the U.S. military.

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