-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F/CrLldcEcrthRd60EoFVy/wa8oh7fYzKcfCGQ8nnWsN1KWUJn96czLySGw5VAh7 ap5d4riMP+6AHuum0xEImA== 0001104659-06-035754.txt : 20060517 0001104659-06-035754.hdr.sgml : 20060517 20060517170240 ACCESSION NUMBER: 0001104659-06-035754 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060517 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060517 DATE AS OF CHANGE: 20060517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DRS TECHNOLOGIES INC CENTRAL INDEX KEY: 0000028630 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 132632319 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08533 FILM NUMBER: 06849723 BUSINESS ADDRESS: STREET 1: 3RD FLOOR STREET 2: 5 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 9738981500 MAIL ADDRESS: STREET 1: 3RD FLOOR STREET 2: 5 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 FORMER COMPANY: FORMER CONFORMED NAME: DIAGNOSTIC RETRIEVAL SYSTEMS INC DATE OF NAME CHANGE: 19920703 8-K 1 a06-12044_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported):  May 17, 2006 (May 11, 2006)

 

DRS TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-08533

 

13-2632319

(State or other jurisdiction of

 

(Commission

 

(IRS Employer

incorporation or organization)

 

File Number)

 

Identification Number)

 

5 Sylvan Way, Parsippany, New Jersey 07054

(Address of principal executive offices)

(973) 898-1500

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




Item 5.02                                             Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On May 16, 2006 a press release was issued announcing that Robert F. Mehmel, age 43, has been promoted to executive vice president and chief operating officer of DRS Technologies, Inc. (DRS or the Company), effective May 11, 2006. In this position, Mr. Mehmel will provide oversight of all of DRS’s domestic and international operations.

Mr. Mehmel joined the Company in January 2001 as executive vice president, business operations and strategy, and has over 20 years of experience in corporate development, finance and strategic planning in the aerospace, defense and high-technology industries. At DRS, he has been responsible for the review and analysis of corporate-wide operational activities, as well as the development and implementation of strategic planning initiatives to ensure the achievement of long-term business objectives. He also has led the efforts for identification, analysis and qualification of acquisition candidates and the management of post-acquisition integration efforts.

Before joining DRS, Mr. Mehmel was director, corporate development, at Jabil Circuit, Inc. Prior to that, he was vice president, planning, at L-3 Communications Holdings, Inc. Earlier, Mr. Mehmel held various positions in divisional and corporate management with Lockheed Martin Corporation, Loral Corporation and Lear-Siegler, Inc.

A brief description of the material terms of Mr. Mehmel’s employment agreement is provided in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on June 30, 2005. A copy of such agreement is included as Exhibit 10.4 to the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2004. No family relationship exists between Mr. Mehmel and any other officer, director or principal shareholder of the Company.

Item 9.01               Financial Statements and Exhibits

(c) Exhibits

The following press release is included as an exhibit to this report:

Exhibit No.

 

Description

 

 

99.1

 

DRS Technologies, Inc. Press Release dated May 16, 2006.

 




 

DRS TECHNOLOGIES, INC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

DRS TECHNOLOGIES, INC.

 

 

(Registrant)

 

 

 

Date: May 17, 2006

 

 

 

By:

/s/ RICHARD A. SCHNEIDER

 

 

 

 

 

Richard A. Schneider

 

 

Executive Vice President,

 

 

Chief Financial Officer

 




 

INDEX TO EXHIBITS

Exhibit No.

 

Description

 

 

99.1

 

DRS Technologies, Inc. Press Release dated May 16, 2006.

 

 



EX-99.1 2 a06-12044_1ex99d1.htm EX-99

 

Exhibit  99.1

DRS TECHNOLOGIES PROMOTES ROBERT F.

MEHMEL TO CHIEF OPERATING OFFICER

 

PARSIPPANY, N.J., May 16 — DRS Technologies, Inc. (NYSE: DRS) announced today that Robert F. Mehmel has been promoted to executive vice president and chief operating officer of the corporation. In this position, Mr. Mehmel will provide oversight of all of the company’s domestic and international operations.

“Through effective leadership in the development and implementation of strategic planning goals, oversight of the company’s operational review process, and merger and acquisition activities, Bob has demonstrated an unwavering commitment to our corporate initiatives for revenue growth and increased profitability,” said Mark S. Newman, DRS’s chairman, president and chief executive officer. “Bob has played a critical role in the company’s standing in the defense and aerospace business over the past several years. I am confident in his ability to direct DRS’s operations and to continue to significantly contribute to our company’s success.”

Over the past several years, DRS has grown to become a highly diversified defense technology provider and one of the fastest growing defense technology companies in the world, with fiscal 2007 revenues expected to approach $3 billion.

Mr. Mehmel joined the company in January 2001 as executive vice president, business operations and strategy and has over 20 years of experience in corporate development, finance and strategic planning in the aerospace, defense and high-technology industries. At DRS, he has been responsible for the review and analysis of corporate-wide operational activities, as well as the development and implementation of strategic planning initiatives to ensure the achievement of long-term business objectives. He also has led the efforts for identification, analysis and qualification of acquisition candidates and the management of post-acquisition integration efforts. His position has placed emphasis on the evaluation of internal and external growth strategies, and the operational oversight of bids and proposals, research and development, capital investments and facilities planning.

Before joining DRS, Mr. Mehmel was director, corporate development, at Jabil Circuit, Inc. (NYSE: JBL). Prior to that, he was vice president, planning, at L-3 Communications Holdings, Inc. (NYSE: LLL). Earlier, Mr. Mehmel held various positions in divisional and corporate management with Lockheed Martin Corporation (NYSE: LMT), Loral Corporation and Lear-Siegler, Inc.

Mr. Mehmel earned a bachelor of business administration degree in accounting from Iona College and is a member of the board of directors of United Industrial Corporation (NYSE: UIC).

DRS Technologies, headquartered in Parsippany, New Jersey, is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The company employs approximately 10,000 people.

For more information about DRS Technologies, please visit the company’s web site at http://www.drs.com.

#  #  #

For information, contact:
DRS Technologies, Inc.
Corporate Communications and Investor Relations
Patricia M. Williamson
(973) 898-6025
p.williamson@drs.com
or
Media Relations
Richard M. Goldberg
(973) 451-3584
goldberg@drs.com

 



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