Industry & Services >> CEO Interviews >> March 28, 2005
MARK S. NEWMAN is Chairman of the Board, President and Chief Executive
Officer of DRS Technologies, Inc. He joined the company in 1973, four
years after its founding, and became President and CEO in 1994, after
serving many years as the company's Chief Financial Officer. He was
named a Director in 1988, and in 1995, was elected Chairman of the
Board. Under Mr. Newman's leadership, DRS has become an established
market leader on several of the most important 21st Century military
platforms and holds a key position in the markets it serves. The company
has grown from a small specialty electronics supplier to a highly
diversified defense technology provider with annual revenues exceeding
$1 billion. DRS is well positioned as one of the fastest growing defense
technology companies in the world. Mr. Newman is active with many
important professional organizations. He is a member of the Board of
Governors of the Aerospace Industries Association, a Director of
Business Executives for National Security, the Commerce and Industry
Association of New Jersey and the New Jersey Technology Council, and is
past Chairman of the Board of Directors of the American Electronics
Association for 2004. He also serves as a member of the Navy League of
the United States, the National Defense Industrial Association, the
Association of the U.S. Army, and the Surface Navy Association, among
other professional affiliations. Mr. Newman is a Director on the Board
of Directors of Congoleum Corporation, Opticare Health Systems, REFAC
Technology, Inc., and SSG Precision Optronics, Inc. He also serves as
Chair of the Audit Committees of the Boards of Congoleum Corporation and
Opticare Health Systems. Mr. Newman earned a Bachelor's degree in
Economics from the State University of New York at Binghamton and a
Master of Business Administration degree in Financial Management from
Pace University. He is also a Certified Public Accountant. Profile
Mr. Newman: We look at DRS Technologies today as a leading supplier of
defense technology systems. We sell primarily to the US
