DRS TECHNOLOGIES

'DRS Technologies, Inc.' (commonly known as 'DRS'; formerly known as ''Diagnostic/Retrieval Systems, Inc.'') is a supplier of defense electronic products and systems to the United States Air Force, Army, Coast Guard, Marine Corps, Navy, aerospace and defense prime contractors, government intelligence agencies, international military forces, and industrial markets. The company is headquartered in Parsippany, New Jersey.

Contents

History

Portfolio

External links

History

DRS was founded in 1968 by Leonard Newman (whose son, Mark Newman, is the current CEO) and David Gross, two engineers working for Loral Corporation. The two were working on signal processing techniques for anti-submarine warfare. When Loral chose to pursue other technology, Newman and Gross founded DRS to continue their research, which ultimately led to development of the AN/SQR-17 passive submarine detection system, a product still used today.
DRS went public in 1981 and acquired its first company in 1984. By 1994, DRS set a goal to become a mid-tier defense contractor, defined by $500M in sales – notwithstanding that DRS at the time had only $58M in sales. A mere six years later, at the turn of the century, DRS reached the $391M sales level, and in 2004 surpassed the $1B sales mark.
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Portfolio

DRS Signal Solutions Inc. [1] 'Digital Tuners and Receivers' - DRS Signal Solutions provides a wide array of Receivers, Tuners, Block Up Converters, Digital Down Converters and Demodulators for signal intelligence (SIGINT) and other applications. Frequencies covered include HF (high frequency), VHF (very high frequency), UHF (ultra high frequency) and microwave. Form factors include VMEbus, VXS, VXI, cPCI boards and standalone products. [2]
DRS Signal Solutions Inc. [3] 'Octopus Embedded Computing System' - Octopus is an embedded scalable parallel computing system, based on the VITA/ANSI 41 ("VXS") standard backplane. It was designed for embedded applications where performance, size, weight and power are important considerations, including signal intelligence, radar, network-centric warfare, sensor fusion and image processing. [4]

External links

★ Corporate History (DRS Technologies, Inc.)

★ 2004 DRS Technologies, Inc., Annual Report (SEC)