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Industry Center - Aerospace/Defense Products & Services
Industry Center > Aerospace/Defense Products & Services > DRS Technologies, Inc. Company Profile
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DRS Technologies, Inc. Company Profile
Methods used to track military activity are complex, but DRS Technologies makes the tasks manageable with electronic systems that process, display, and store complex military and aerospace data. Its offerings include surveillance and radar systems, ruggedized computers, weapons targeting systems, flight recorders, communications systems, thermal imaging systems, air combat training systems, and video recorders for defense and aerospace applications. DRS has grown though several strategic acquisitions made throughout the decade. It relies on US government agencies (primarily the DoD) for over 90% of sales. In 2008 Finmeccanica bought DRS for $5.2 billion.
Contact Information
Address: 5 Sylvan Way
Parsippany, NJ 07054
Phone:973-898-1500
Fax:973-898-4730
Financial Highlights
Fiscal Year End:December
Key People
Chairman and CEO: Mark S. Newman
President and COO: Robert F. (Bob) Mehmel
EVP and CFO: Richard A. Schneider
Industry Information
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services
Top Competitors
BAE SYSTEMS plc (baesy.pk)
L-3 Communications Holdings, Inc. (lll)
Raytheon Company (rtn)
 


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