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DRS Wins Army Contract for IR Sighting Systems

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PARSIPPANY, N.J., Mar. 29 -- DRS Technologies Inc. has won a multi-year contract to provide the US Army with Second-Generation Forward-Looking Infrared sighting systems in support of the Army's Horizontal Technology Integration initiative for the Abrams M1A2 Main Battle Tank System Enhancement Package, the Bradley M2A3 Infantry Fighting Vehicles and the M1025 High-Mobility Multipurpose Wheeled Vehicles. The contract, which has a base value of $67 million, contains options that, if exercised, could raise its total value to $118 million. DRS was awarded the three-year contract by the...Read full article

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    Published: March 2000
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