Wednesday, April 8, 2015

Finmeccanica: Canada and the US armed forces choose DRS … – AGI – Agenzia Journalistic Italy



Research and Development

18:33 April 8, 2015

(AGI) – Rome, April 8 – The Canadian Armed Forces and the US have chosen systems DRS Technologies. The company ‘owned by Finmeccanica, it said in a note of the company’, ‘and’ fact awarded three new contracts for the supply of equipment to the Canadian Army’s armored vehicles and submarines and ships of the US Navy. A first contract , worth $ 100 million, and ‘was signed with General Dynamics Land Systems – Canada and concerns the production of surveillance systems to equip the tanks LAV 6.0 (produced by General Dynamics) supplied the Canadian Army. The contract , lasting eight years, includes the supply of antennas, surveillance systems at long range and customer support within the project LRSS (Light Armored Vehicle – Reconnaissance Surveillance System) Canadian Army. The other two agreements, signed with the US Navy, are of IDIQ (Indefinite Delivery, Indefinite Quantity), and have a total potential value of up to a maximum of about $ 440 million. A first agreement, up to a maximum of $ 384 million, covers the development, production and integration of electronic equipment of last generation, for the modernization of systems already ‘installed on different classes of submarines of the US Navy.
Through the award of this contract, DRS Technologies becomes prime contractor of the US Navy, expanding so ‘the company’s role as the main supplier of combat systems for submarines. The second agreement signed with the US Navy, up to a maximum of $ 55 million, covers modernization of voice communication systems integrated (IVCS) AEGIS cruisers and destroyers of the Navy of the United States “. (AGI).

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