DRS Technologies Declares Quarterly Dividend

Business Wire, May 14, 2008

PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company's common stock.

The dividend is payable on June 30, 2008 to stockholders of record as of the close of business on June 13, 2008.

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.