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CTS
CORPORATION Elkhart, Indiana 46514 (574) 293-7511
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August 4, 2005
FOR RELEASE: Immediately
DRS Technologies Awards CTS Electronics Manufacturing Solutions
Long-Term Manufacturing Contract
Elkhart, IN…CTS Corporation (NYSE: CTS) a leading supplier of electronics
manufacturing services, has been awarded a long-term manufacturing contract for
assemblies to support U.S. military equipment applications.
CTS EMS will provide printed circuit board assemblies to DRS in the production
of systems for the U.S. Marine Corps’ military combat vehicle Enhancement
Program, which contributes to the safety of Marine Corps forces. CTS EMS has
been awarded the long-term volume contract as a result of the support
demonstrated to DRS Technologies during the critical ‘Low Rate Initial
Production’ (LRIP) phase in Q2 2005 where CTS delivered high-quality products
on-time. The long-term manufacturing agreement will commence in Q3 2005 at the
Moorpark, California facility.
Don Schroeder, president of the EMS business said, “CTS focuses on providing the
highest levels of product and service quality to customers. The defense sector
is a very important market for CTS and our experience positions us well to
support our defense customers. We look forward to providing continued service
excellence to DRS as the program begins.”
About CTS Electronics Manufacturing Solutions
CTS’ EMS business offers key capabilities including design services,
high-reliability surface mount assembly for high complexity electronics, fully
integrated boxbuild systems and global support for cleanroom manufacturing.
Manufacturing operations are located in North America, Europe and Asia. For more
information on CTS, please contact Bob Miller at (805) 532-2800 (North America)
or Sarah Hughes at 011-44-1698-505003 (Europe).
About DRS Technologies
DRS Technologies, headquartered in Parsippany, New Jersey, provides leading edge
products and services to defense, government intelligence and commercial
customers. Focused on defense technology, DRS develops and manufactures a broad
range of mission critical systems. The company employs over 5,700 people
worldwide. For more information about DRS Technologies, please visit the
company’s Web site at www.drs.com.
About CTS
| Contact: | Vinod M. Khilnani, Sr. Vice President and Chief Financial
Officer, or Mitchell J. Walorski, Director of Investor Relations |
| CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514 | |
| Telephone: (574) 293-7511, Fax: (574) 293-6146 | |
| www.ctscorp.com |