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January 16, 2012
DRS Technologies Receives Option to their Current Contract for Logistic Support of U.S. Navy’s E-6B and Airborne Command Post Aircraft Fleet
PARSIPPANY, N.J., JANUARY 16, 2012 - DRS Technologies, Inc., A Finmeccanica Company, announced that its C3 & Aviation Group received a one-year incrementally funded option to their current Fixed Firm Price (FFP) contract to provide Contractor Logistics Support (CLS) for the U.S. Navy’s E-6B Take Charge and Move Out (TACAMO) and Airborne Command Post (ABNCP) aircraft fleet.
This IDIQ contract option was awarded by Naval Air Systems Command in Patuxent River, Maryland and has a potential value of up to $48.4M.
Under the terms of this contract modification, DRS will manage government-owned inventory and provide additional material support for E-6B aircraft. DRS will also provide residual spares for other Boeing 707 derivative programs, such as the U.S. Air Force’s VC-137 and C-18.
The previously awarded CLS contract includes procurement, storage, warehouse management, and issuing/receiving of all CLS managed inventory.
“We are proud to be part of the Navy team in support of the E-6B platform. We have worked diligently to provide the best ‘round the clock’ support and are honored by the opportunity to support team TACAMO.” said Rear Admiral, USN (Ret) Ed Boyington, VP/GM of Aviation & Logistics at DRS C3 & Aviation Group.
The majority of the work for this option will be performed at Tinker Air Force Base (AFB), Oklahoma. Work will also be executed at Travis AFB, California; Naval Air Station Patuxent River, Maryland; and Offutt AFB, Nebraska.
DRS Technologies, headquartered in Parsippany, NJ, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company is a wholly owned subsidiary of Finmeccanica S.p.A. (FNC.MI) which employs more than 71,000 people worldwide. For more information about DRS Technologies, please visit the company’s website at www.drs.com.
For additional information please contact:
Joseph Militano
Senior Vice President
Public Affairs and Communications
(703) 236-4659
jmilitano@drs.com
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