DRS Wins Army Sighting Systems Contract
PARSIPPANY, N.J., Mar. 6 -- DRS Technologies Inc. said that its DRS Optronics unit in Palm Bay, Fla., has received a $7.2-million contract from Lexington, Mass.-based Raytheon Co. to manufacture components and assemblies for the US Army's Improved Target Acquisition Subsystem (ITAS). ITAS is used with the Army's ground-launched TOW -- tube-launched, optically tracked and wire-guided -- missile system.
Under this contract, DRS will produce laser transmitter assemblies, ITAS traversing units and xenon tracker assemblies. DRS expects to receive future awards for a total of approximately 600 ITAS units over the next five years. The company plans to begin deliveries on this initial contract in April 2000 and to continue through 2002.
MORE FROM PHOTONICS MEDIA