DRS Technologies Awarded $100 Million Contract for Additional M1000 Heavy Equipment Transporter Trailers for the U.S. Army
PARSIPPANY, NJ -- (Marketwire) -- 07/20/09 -- DRS Technologies, Inc. announced today that
it received an order valued over $100 million to manufacture 270 M1000
Heavy Equipment Transporter (HET) trailers for the U.S. Army.
This recent order from the Army's office of Program Manager, Heavy Tactical
Vehicles at the TACOM Lifecycle Management Command, is the follow-on
production contract associated with the low-rate initial production of six
trailers delivered in June for government test and evaluation.
The M1000 HET trailer is designed and manufactured by the company's DRS
Sustainment Systems division, and the work for this contract will be
performed at its heavy manufacturing facility in West Plains, Missouri.
Trailer deliveries will take place later this year. At the completion of
this order, DRS Technologies will have manufactured more than 2,600 HET
trailers for the U.S. Army.
The M1000 HET is engineered to transport the M1 Abrams Main Battle Tanks
over primary and secondary roads, or cross-country over rough terrain. Due
to its extraordinary flexibility, it can carry all types of tracked and
wheeled vehicles, containers and large bulk cargo weighing as much as 80
tons, either on- or off-road.
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 73,000
people worldwide. For more information about DRS Technologies, please
visit the company's website at www.drs.com.
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