DRS Technologies yesterday said it will move its corporate headquarters from New Jersey to Northern Virginia and that it has also realigned its operating structure to better serve its customers.
The move and reorganization follow the appointment earlier this year of William Lynn to be chairman and CEO of DRS, which is an operating division of Italy’s Finmeccanica (Defense Daily, Jan. 27). The relocation also includes corporate functions currently based in Rockville, Md., that will also move to Virginia.
DRS expects to complete the headquarters move to Crystal City, Va., just outside of Washington, D.C., in the fourth quarter of this year. The relocation will move its corporate staff closer to their government customers and provide some efficiencies.
DRS currently maintains an office in Crystal City for its government relations and some group operating personnel.
As for the reorganization, DRS has created three new operating groups, down from the previous five groups. The new groups are Network and Imaging Systems (NIS), DRS Power, Environmental and Sustainment Systems (PESS), and Integrated Defense Systems and Services (IDSS).
The NIS Group includes the electro-optic and integrated sensor systems businesses, and the development of networks that integrate such sensors into a tactical C4 environment. NIS will be led by Terry Murphy as president.
The PESS Group includes environmental, sustainment and power systems lines of business and will be led by Roger Sexauer.
Intelligence gathering, training systems, telecommunications services and the legacy businesses of the former Defense Solutions Group and C3 & Aviation Group are now part of IDSS. Richard Danforth leads IDSS.
“I am confident that these actions will make our organization much stronger, leaner, and more competitive,” Lynn said in a statement.
As part of the reorganization, DRS will enter a new Proxy Agreement with the Defense Department’s Defense Security Service to allow the company and its subsidiaries to operate as a unified organization without restrictions on the company’s eligibility to access classified information or compete for classified contracts.