Leonardo DRS, Inc. has been awarded contracts valued at over $3 billion, when fully funded, to provide integrated electric propulsion system products for the U.S. Navy’s Columbia-class submarines. This contract solidifies DRS’s position through shipset 12 for the Columbia-class program. This award was previously announced on the DRS 2023 Q3 …
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Leonardo DRS, Inc. announced today that it has received a new contract to produce its next-generation infrared weapon sights for U.S. Army infantry snipers. The firm-fixed-price contract from the Army’s Contracting Command is valued at more than $94 million over five years. Under the contract, Leonardo DRS will produce the advanced system known as the …
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Leonardo DRS, Inc. announced yesterday it was awarded a contract to provide additional counter unmanned aircraft system (C-UAS) platforms in support of U.S. Army’s Integrated Fires/Rapid Capabilities Office’s on-going Mobile-Low, Slow, Small Unmanned Aircraft System Integrated Defeat System (M-LIDS) program. On October 7, 2022, DRS received approximately $40,000,000, and on …
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Leonardo DRS, Inc. (“DRS”) announced today that it has received a contract to produce its next-generation thermal weapon sights for the U.S. Army. The firm-fixed-price contract from the U.S. Army Contracting Command is valued at $579 million over five years. The Leonardo DRS Electro-Optical Infrared Systems (EOIS) business will produce …
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Leonardo DRS, Inc. (“DRS”) announced today that it has received a contract from the United States Army to provide thermal Integrated Vision Systems for Assault Breacher Vehicles (ABV) for the Australian Land Forces. The $9.6 million contract supports Australian Foreign Military Sales (FMS). The DRS Integrated Vision Systems (IVS) combines …
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Leonardo announced today that its US subsidiary Leonardo DRS and RADA Electronic Industries Ltd. have entered into a definitive agreement to create a newly combined public company. RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) (“RADA”) is a leading provider of advanced software-defined military tactical radars. The company is a …
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Leonardo DRS Inc., announced today that it has again been awarded a contract by Eastern Shipbuilding Group to provide the Auxiliary Propulsion System for the fourth shipset in the U.S. Coast Guard’s new fleet of Offshore Patrol Cutters. This platform is the first combined diesel electric or diesel propulsion system …
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Leonardo, leading a cross-UK team of science and technology experts, has successfully trialled a high-tech new protection system approach for Army vehicles such as tanks and armoured personnel carriers. Called MIPS (Modular Integration Protection System), the new approach brings together layers of electronic and physical protection technologies to equip vehicle …
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Italy has joined the UK’s development of the new European Common Radar System Mark 2 (ECRS Mk2) radar for the Eurofighter Typhoon. The first stage of collaboration, to take place this Autumn, will see a team of engineers from Leonardo’s Nerviano, Milan-based radar site join the Mk2 development team at …
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Leonardo DRS, Inc. announced today that it has been awarded a contract by General Dynamics to provide additional mission equipment packages (MEP) for Maneuver Short Range Air Defense (M-SHORAD) Increment 1 (M-SHORAD Inc. 1) systems. The contract is valued at $204 million. Under the indefinite delivery/indefinite quantity contract, the company …
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