| Business Summary | | DRS
Technologies,
Inc.
is
a
supplier
of
defense
electronics
products
and
systems.
The
Company
provides
high-technology
products
and
services
to
all
branches
of
the
U.S.
military,
major
aerospace
and
defense
prime
contractors,
government
intelligence
agencies,
international
military
forces
and
consumer
markets.
The
Company
operates
in
three
principal
business
segments
on
the
basis
of
products
and
services
offered.
Each
operating
unit
is
comprised
of
separate
and
distinct
businesses:
the
Electronic
Systems
Group,
the
Electro-Optical
Systems
Group,
and
the
Flight
Safety
and
Communications
Group. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DRS
is
a
diversified,
high-technology
company
serving
government
and
commerical
niche
markets
worldwide.
The
Company
develops
and
manufactures
a
variety
of
systems
and
components
used
for
the
processing
and
storage
of
data.
For
the
three
months
ended
6/30/01,
revenues
rose
9%
to
$103.4
million.
Net
income
totalled
$3.9
million,
up
from
$1.9
million.
Results
reflect
the
acquisition
of
DRS
Communications,
along
with
lower
interest
costs
due
to
reduced
borrowings. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Mark Newman, 50 Chairman,
Pres, CEO | $970K | $817K | Richard Schneider, 47 Exec.
VP, CFO and Treasurer | 385K | -- | Paul Casner, Jr., 62 Exec.
VP, COO | 499K | -- | Nina Laserson Dunn, 53 Exec.
VP, Gen. Counsel and Sec. | 443K | -- | Robert Mehmel Exec.
VP, Bus. Operations and Strategy | -- | -- | Dollar
amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|