DRS drops 150 workers

FORT WALTON BEACH, Fla. -- Defense contractor DRS Technologies laid off 150 workers Thursday as a result of the defense spending downturn. Richard Goldberg, senior vice president of public affairs, said the cut was across the board in every department, including hourly employees and managers. The company still employs about 450 people in its operation at the Fort Walton Beach Commerce and Technology Park. "We hope business will improve and we'll be able to bring some people back," Goldberg said. DRS, headquartered in Parsippany, N.J., is a supplier of integrated products, services and support to military forces. (Source: Northwest Florida Daily News, 04/12/12)