DRS Technologies UK Ltd. Will Serve as the Focal Point for Business
Development in the UK and Europe
PARSIPPANY, N.J., September 10 /CNW/ - 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
"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.
For further information:
For further information: DRS Technologies, Inc. Vice President, Public
Affairs Richard M. Goldberg, 973-451-3584 email@example.com or Vice President,
Investor Relations Patricia M. Williamson, 973-898-6025 firstname.lastname@example.org