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March 13, 2012
DRS Technologies Awarded a Position with U.S. Air Force Design & Engineering Support Program (DESP III)

PARSIPPANY, NJ, MARCH 13, 2012 - DRS Technologies, Inc., a Finmeccanica Company, announced that the U.S. Air Force has selected DRS C3 & Aviation Company as one of its awardees for the Design & Engineering Support Program III (DESP III).

DRS is among 26 other prime contractors that was selected for this indefinite delivery / indefinite quantity (IDIQ) contract vehicle which expires in January 2019. The DESP III program has a ceiling value of $1.9 billion, which funds all contractors on this program based on the services provided.

Managed by the Air Logistics Center at Hill AFB, Ogden, Utah, DESP III provides a broad range of engineering services and high-level technical services for weapons systems, components and support equipment for the US Air Force and other Department of Defense agencies.

The DESP III program focuses on improving system life cycle cost, operational life, performance and sustainment of Air Force systems and subsystems. The contract includes engineering services in the areas of new design, technical documentation, diminishing material & manufacturing sources, environmental improvement issues, reliability, productivity, efficiency, and cost saving.

The DESP III contract was specifically established for use within the Air Force Materiel Command (AFMC), but can also be used by other Air Force Commands as well as U.S. Department of Defense and other government entities. Government entities which utilize this dynamic contract vehicle must have similar systems and/or needs and must receive sponsorship from an Air Logistics Center.

"We are very pleased to have been given an opportunity to access this important contract vehicle and the flexible acquisition approach it offers our many valued customers", remarks Rear Admiral, USN (Ret) Ed Boyington, VP/GM of Aviation and Logistics at DRS C3 & Aviation Company.

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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