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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Products > DRS Technologies, Inc.
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DRS Technologies, Inc. |
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PROFILE |
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Over hill or over dale, DRS Technologies makes electronic systems that keep an eye on military movements by processing, displaying, and storing complex information. The company's primary products include surveillance and radar systems, as well as electronics equipment such as weapons targeting systems, flight recorders, communications systems, and video recorders for defense and aerospace applications. Not surprisingly, US government agencies (primarily the Department of Defense) account for 80% of sales. DRS Technologies has agreed to sell its magnetic tape head units located in Wisconsin and Bulgaria but intends to retain its California-based unit.
COMPETITION |
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Ampex Corporation (AXC)
General Dynamics Corporation (GD)
Lockheed Martin Corporation (LMT)
DEALS |
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Deal: DRS Technologies Buys General Atronics
Date Announced: 06.15.00
Value of transaction (US $Mil): 11
Description: Data storage component maker buys hardware company.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2001 Sales (mil.): 427.60
1-Yr. Sales Growth: 9.2%
Employees: 2,200
Revenue per employee: $194,363.64
KEY PEOPLE |
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Mark S. Newman
CEO
Richard A. Schneider
CFO
CONTACT INFO |
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5 Sylvan Way
Parsippany, NJ 07054
US
Phone: 973-898-1500
Fax: 973-898-4730
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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