DRS Technologies Receives Signed Letter of Intent from Royal Malaysian Air Force for Air Combat Maneuvering Instrumentation System

Business Wire,  July 15, 2008  

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FARNBOROUGH, U.K. -- DRS Technologies, Inc. (NYSE: DRS) announced today that Aerotree Defence and Services Sdn. Bhd. Executive Director Dato' Norida Hamzah signed a letter of intent for DRS to furnish a complete Air Combat Maneuvering Instrumentation (ACMI) system to the Royal Malaysian Air Force (RMAF) in a meeting at the Farnborough Air Show, attended by the Malaysian Ministry of Defense Secretary General and the Royal Malaysian Air Force Chief of the Air Force.

Aerotree is the prime contractor to the RMAF. The letter of intent reflects the parties' mutual desire to enter into a definitive contract under which Aerotree would purchase the ACMI system for lease to the government of Malaysia. The contract would be managed by DRS Command, Control and Communication (C3) Systems in Fort Walton Beach, Florida

Twenty two ACMI pods with associated spares, ground equipment, Air Combat Training Integrated Visualization Environment (ACTiVE) debriefing systems, training, maintenance and logistics support will be delivered within 18 to 24 moths after contract award. Options are expected to provide for six internal ACMI systems and follow-on logistics support.

The system will be used on various aircraft including the SU-30MKM, F-18D, MiG-29N, F-5E, Hawk, and MB-339CM.

"This letter of intent signals a new solution that will deliver a true state-of-the-art training system using the latest in computer processing technology," said Richard S. Danforth, president of DRS' C3 business segment, said "DRS has delivered more pods to customers around the globe than all other competitors combined and this award further solidifies our position as the recognized leader in ACMI pod technology."

Aerotree is a Malaysian incorporated company principally engaged in providing defense and aerospace related services to the Royal Malaysian Air Force, Royal Malaysian Army, and Royal Malaysian Navy.

DRS Technologies, headquartered in Parsippany, New Jersey, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company employs approximately 10,000 people. For more information about DRS Technologies, please visit the company's web site at www.drs.com.

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