EX-12.1 4 a2128515zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


DRS Technologies, Inc.
Computation of Ratio of Earnings to Fixed Charges

 
  Quarter Ended
December 31,

  Nine Months Ended
December 31,

 
 
  2003
  2002
  2003
  2003
 
 
  (in thousands)

 
Earnings before minority interests and income taxes   $ 20,946   $ 14,089   $ 51,626   $ 39,023  
Add:                          
  Fixed charges     9,088     4,117     19,416     11,255  
   
 
 
 
 
Earnings as adjusted   $ 30,034   $ 18,206   $ 71,042   $ 50,278  
   
 
 
 
 
Fixed charges:                          
  Interest on indebtness including amortization of deferred financing costs   $ 7,513   $ 2,653   $ 14,691   $ 7,408  
Portion of rents representative of the interest factor     1,575     1,464     4,725     3,847  
   
 
 
 
 
Fixed charges   $ 9,088   $ 4,117   $ 19,416   $ 11,255  
   
 
 
 
 
Ratio of earnings to fixed charges     3.3 x   4.4 x   3.7 x   4.5 x
   
 
 
 
 



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DRS Technologies, Inc. Computation of Ratio of Earnings to Fixed Charges