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Saturday, April 22, 2006

DRS Technologies lands multi-million dollar defence deal

Kanata's DRS Technologies has won a $148.5 million military contract to supply a new radar system to the Department of National Defence and the Royal Netherlands Navy.

The SIRIUS Long Range Infrared Search and Track System will be deployed aboard the Canadian Navy's Halifax class frigates and the Netherlands Navy's LCF class ships. Canada's portion of the contract is $111.5 million.

Under the contract, Canada will buy 13 systems to equip all 12 Halifax class frigates, plus a land-based combat trainer. The Netherlands is ordering four systems. DRS Technologies will be the prime contractor, and its industrial partner, Thales Nederlands, will be the main subcontractor. System deliveries are expected to begin in early 2008 and continue through August 2011.

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