DRS Technologies Company Description
Methods used to track military activity are complex, but DRS Technologies makes the tasks manageable with electronic systems that process, display, and store complex military and aerospace data. Its offerings include surveillance and radar systems, ruggedized computers, weapons targeting systems, flight recorders, communications systems, thermal imaging systems, air combat training systems, and video recorders for defense and aerospace applications. DRS, which has acquired and integrated Integrated Defense Technologies -- and has acquired Engineered Support Systems -- relies on US government agencies (primarily the DoD) for 90% of sales. In 2008 Finmeccanica bought DRS for $5.2 billion.
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The Company Description provides a historical perspective of DRS Technologies's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of DRS Technologies's evolution in the marketplace.
