DRS Technologies Receives $18.3 Million in New Contracts to Provide Fan Coil Products for U.S. Navy's New DDG-1000 Destroyers

The contracts were awarded to DRS by Bath Iron Works, a GeneralDynamics (NYSE: GD) company, located in Bath, Maine. For these orders,DRS will design, develop, qualify and produce a family of fan coilassemblies in five different sizes and fan coil units in six differentsizes for the air conditioning system on these new surface ships. Workfor these orders will be performed by the company's DRS Marlo Coilunit in High Ridge, Missouri, which has provided similar equipment tovirtually every class of U.S. Navy combatant ship class. The company'swork for these contracts will continue through 2016, with productionexpected to commence in 2008.

"These new contracts extend our position as a premier supplier ofsuperior marine equipment to the U.S. Navy's newest class of surfacecombatant," said Daniel A. Rodrigues, president of DRS's SustainmentSystems & Services Group. "A key supplier of a diversified range ofproducts to the U.S. Navy shipbuilding industry, DRS is a leadingforce in technology and systems that are helping to shape the futureof the Navy's high-performance fleet."

The company's DRS Marlo Coil unit has been a leading manufacturerof custom engineered coils, refrigeration and air handling systemssince 1925. It is the largest supplier of heating and cooling marinecoils, air handling units, product coolers and refrigeration plants tothe U.S. Navy, and it has supplied equipment to the Military SealiftCommand, U.S. Coast Guard and international governments, as well. Itsproducts and engineering design services also are utilized inapplications for the aerospace, food processing, healthcare,semi-conductors and pharmaceutical industries.

DRS Technologies, headquartered in Parsippany, New Jersey, is aleading supplier of integrated products, services and support tomilitary forces, intelligence agencies and prime contractorsworldwide. The company employs approximately 10,000 people.

For more information about DRS Technologies, please visit thecompany's web site at http://www.drs.com.