Leonardo DRS Awarded $99 Million Contract to Modernize U.S. Army’s Mortar Fire Control System
Leonardo DRS, Inc. (
NASDAQDRS) announced today it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The firm fixed-price IDIQ contract is worth more than $99 million.
Leonardo DRS Schedules Fourth Quarter 2024 and Full Year 2024 Earnings Conference Call for February 20, 2025
Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and full year 2024 results. The company plans to issue its quarterly earnings press release prior to the conference call.
Leonardo DRS Recognized as a Subcontract Supplier of the Year by BAE Systems
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has been recognized with two awards from BAE Systems for outstanding supplier performance and a commitment to operational excellence in 2024. Leonardo DRS was recognized with BAE Systems’ Subcontract Supplier of the Year award for creating and delivering best-in-class products that support the warfighter. The company was also recognized as a top-level Gold Medallion for achieving a rating of 100% on both delivery and quality of its products.
U.S. Navy Awards Leonardo DRS $235 Million Production Contract for AN/SPQ-9B Ship Protection Radar
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it was awarded a contract from NAVSEA to produce ship-based air and surface target detection AN/SPQ-9B radars. The contract includes options, if exercised over five years, would bring the cumulative value to more than $235 million.
Leonardo DRS Announces Financial Results for Third Quarter 2024
Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2024, which ended September 30, 2024.
Leonardo DRS Awarded Contract to Deliver Additional Mission Equipment Packages for New SGT Stout Maneuver Short-Range Air Defense Platforms
Leonardo DRS, Inc. (
NASDAQDRS) announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide additional mission equipment packages (MEP) for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker capability. The contract is valued at more than $77 million and as part of this contract Leonardo DRS will be responsible for MEP assembly, integration and test.
Leonardo DRS Celebrates Six Years of Going Pink at AUSA to Raise Money for Military Women and Family Members Suffering From Breast Cancer
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it will celebrate its sixth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUSA) expo in Washington, D.C. to recognize Breast Cancer Awareness Month, and support military members and their families dealing with breast cancer.
Leonardo DRS and BlueHalo Successfully Demonstrate New Counter-UAS Directed Energy Stryker, Shooting Down Drones in Live-Fire Engagement
Leonardo DRS, Inc. (
NASDAQDRS) and BlueHalo announced today the successful live-fire demonstration of a new Counter Unmanned Aircraft System (C-UAS) Directed Energy (DE) Stryker designed to defeat Group 1-3 UAS with multiple kinetic and non-kinetic defeat technologies.
Leonardo DRS Schedules Third Quarter 2024 Earnings Conference Call for October 30, 2024
Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, October 30, 2024 beginning at 10:00 a.m. (ET) to discuss its third quarter 2024 results. The company plans to issue its quarterly earnings press release prior to the conference call.
Leonardo DRS Delivers Critical C5I Capabilities for New Australian Army Combat Vehicles
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has delivered, ahead of schedule, critical C5I capabilities for the Australian Army’s Heavy Armoured Capability Systems. The delivery provides the new vehicles with the latest situational awareness technology allowing the Australian Army to keep ahead of new and emerging threats in the region.
Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army. The production order for $117 million was made under the current Family of Weapon Sights – Individual (FWS-I) IDIQ contract.
Leonardo DRS Awarded $49 Million Contract for Additional Advanced Joint Assault Bridge Systems
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has been awarded a contract to build additional advanced Joint Assault Bridge systems for the U.S. Army and the Romanian military (through a Foreign Military Sales agreement). Under the contract, the award is worth more than $49 million.
Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has received an order for continued production of its advanced Sniper Weapon Sights for U.S. Army snipers. The recently awarded production order for $52 million was made under the current Family of Weapon Sights–Sniper (FWS-S) IDIQ contract.
U.S. Navy Awards Leonardo DRS $417 Million Contract for Submarine Combat System Hardware
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it was awarded a contract by the U.S. Navy to provide critical electronic combat control and sonar systems equipment for installation across the service’s fleet of submarines and allied fleets. The contract ceiling is more than $417 million.
Leonardo DRS Announces Financial Results for Second Quarter 2024
Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2024, which ended June 30, 2024.
BAE Systems honors Leonardo DRS with a ‘Partner 2 Win’ Supplier of the Year award
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it received a BAE Systems ‘Partner 2 Win’ Supplier of the Year award. DRS was chosen from a select pool of suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023.
Leonardo DRS Recognized for Commitment to National Security with 2024 James S. Cogswell Award
Leonardo DRS, Inc. (
NASDAQDRS) announced today that its Naval Power Systems facility in Danbury, CT. has been awarded the 2024 James S. Cogswell Award for Outstanding Industrial Security Achievement by the Defense Counterintelligence and Security Agency (DCSA).
Leonardo DRS Delivers 1,000th Infrared Sensor Key to U.S. Army Helicopter Missile Warning System
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has provided the 1,000th advanced sensor package which is at the core of BAE Systems’ 2-Color Advanced Warning System (2CAWS), a next-generation missile warning and hostile fire detection system. The system is designed to protect U.S. Army pilots and crews from new and emerging missile threats.
Leonardo DRS Schedules Second Quarter 2024 Earnings Conference Call for July 30, 2024
Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, July 30, 2024 beginning at 10:00 a.m. (ET) to discuss its second quarter 2024 results. The company plans to issue its quarterly earnings press release prior to the conference call.
Leonardo DRS Tapped to Provide Additional Advanced Laser Systems to Protect U.S. Military Aircraft from Missile Threats
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has received another full-rate production contract to supply its industry-leading Quantum Cascade Laser (QCL) technology to enable Common Infrared Countermeasure (CIRCM) systems for critical military aircraft protection. The award from Northrop Grumman continues the collaboration between the two companies on this QCL capability that provides advanced protection against current, evolving, and proliferating missile threats to U.S. military aircraft.
U.S. Navy Awards Leonardo DRS Radar Design Agent and Engineering Services for AN/SPQ-9B
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it was awarded a contract from NAVSEA to provide AN/SPQ-9B radar design agent and engineering services. The contract includes options, if exercised, would bring the cumulative value to more than $26 million.
Leonardo DRS Awarded Contract to Build Next-Generation Aerial Refueling Operator Station for KC-46 Pegasus Tanker Fleet
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it was awarded a contract from Boeing Defense to provide the upgraded Aerial Refueling Operator Station (AROS 2.0) for new U.S. Air Force KC-46 Pegasus refueling tanker aircraft.
Leonardo DRS Announces Financial Results for First Quarter 2024
Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2024, which ended March 31, 2024.
Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared Sensor
Leonardo DRS, Inc. (
NASDAQDRS) announced today that it has been recognized with the prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor that unlocks the ability for advanced military and scientific capabilities across multiple domains, including space. The award was presented by the Military Sensing Symposium Materials and Detectors Specialty Group.
Leonardo DRS Schedules First Quarter 2024 Earnings Conference Call for May 1, 2024
Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, May 1, 2024 beginning at 10:00 a.m. (ET) to discuss its first quarter 2024 results. The company plans to issue its quarterly earnings press release prior to the conference call.
