DRS strengthens rugged computer business with WalkAbout acquisition

PARSIPPANY, N.J., 27 June. DRS Technologies Inc. in Parsippany, N.J., is strengthening its offerings in military and aerospace rugged mobile and portable computers with its acquisition of rugged tablet computer designer WalkAbout Computers Inc. in West Palm Beach, Fla.

Jun 27th, 2005

PARSIPPANY, N.J., 27 June. DRS Technologies Inc. in Parsippany, N.J., is strengthening its offerings in military and aerospace rugged mobile and portable computers with its acquisition of rugged tablet computer designer WalkAbout Computers Inc. in West Palm Beach, Fla.

DRS announced its acquisition of WalkAbout Computers from Scorpion Holdings in a stock purchase transaction, DRS announced June 27. The terms were not disclosed.

WalkAbout designs and builds rugged tablet computers and docking stations for mobile workers in demanding environments. The company nearly doubled its West Palm Beach, Fla., manufacturing facility in January 2002. In 1997 the company was named Florida's fastest growing small business.

For rugged military computer applications, the acquisition of WalkAbout will complement DRS Tactical Systems Inc. in Palm Bay, Fla., which specializes in ultra-rugged computers, servers, flat panel displays and other products for military force modernization and battle management for land, sea and air operations across a variety of platforms.

"WalkAbout participates in one of the fastest growing segments of the rugged computer marketplace," said Mark Newman, chairman, president, and chief executive officer of DRS Technologies.

"A leader with strong brand recognition in the rugged tablet PC market, WalkAbout enhances our tactical computer systems business, adding an established industrial customer base, and accelerates our strategy to meet the growing demand for tablet PCs in the military marketplace," Newman says.

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