DRS Technologies cuts workforce

FORT WALTON BEACH, Fla. - New Jersey-based DRS Technologies has laid off about 65 workers from its Fort Walton Beach office. The layoffs were the second time this year that workers were let go. DRS cut 38 employees in February. Officials blame it on the ebb and flow of contracts. The office in Commerce and Technology Park specializes in communications, unmanned aircraft and boarder security products. It now has about 790 people. (Source: Northwest Florida Daily News, 05/11/11)