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Integrated Defense Technologies Subsidiary, PEI Electronics, Inc. Awarded $6.3 Million Contract by U.S. Army


HUNTSVILLE, Ala., Mar 28, 2002 /PRNewswire-FirstCall via COMTEX/ -- Integrated
Defense Technologies, Inc.`s (NYSE: IDE), subsidiary, PEI Electronics, Inc., has
received a contract award totaling $6.3 million, from the U.S. Army Tank &
Automotive Command (TACOM), Rock Island, IL, for production of 134 embedded
diagnostic systems (Sidecar), for M1A1 AIM Abrams Tank production. Work will be
done at PEI`s Cummings Research Park facility with contract completion by July
31, 2003.

"Our Sidecar technology significantly increases the availability, readiness, and
efficiency of existing weapons systems and subsystems," said Thomas Keenan,
President and CEO. "We believe this technology has many military and commercial
applications."

Sidecar (Patent Pending) provides access to system test signals, without
modifications to the system`s components. Sidecar monitors and digitizes up to
120 analog or discrete signals, and data can be collected and analyzed "real-
time." PEI Electronics markets the Sidecar product as "An embedded Diagnostic
Solution for Government and Commercial applications."

Integrated Defense Technologies, Inc., is a developer and provider of advanced
electronics and technology products to the defense and intelligence industries.
IDT products are installed on or used in support of a wide array of military
platforms, to enhance their operational performance or extend their useful life.
IDT products are incorporated into approximately 250 programs, which, in turn,
are installed on or support over 275 platforms. IDT employs more than 1,600
people throughout the United States and Canada.

Forward-Looking Statements

This press release contains statements that are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on current expectations, estimates and projections
about the Company`s business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed or forecasted
in such forward-looking statements due to numerous factors, including those
described above and the following: changes in demand for the Company`s products,
product mix, the timing of customer orders and deliveries, the impact of
competitive products and pricing, difficulties encountered in the integration of
acquired businesses and other risks discussed from time to time in the Company`s
Securities and Exchange Commission filings and reports. In addition, such
statements could be affected by general industry and market conditions and
growth rates, the availability of government funding, and general domestic and
international business and political conditions. Such forward-looking statements
speak only as of the date on which they are made, and the Company does not
undertake any obligation to update any forward-looking statement to reflect
events or circumstances after the date of this release.

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