- Contract Awards
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Leonardo DRS is investing $120 million in the construction of a new manufacturing facility in Charleston, South Carolina, for the production of electric propulsion components for the U.S. Navy. The new facility will include over 140,000 square feet of space to manufacture, integrate and test large components.
MoreLeonardo DRS has landed contracts potentially worth over $3 billion from the U.S. Navy and General Dynamics' electric boat subsidiary for integrated electric propulsion components for the Columbia-class ballistic missile submarine. The awarded contracts will involve the design and manufacturing of products for the Columbia Electric Drive Propulsion System, DRS said Wednesday.
MoreLeonardo DRS and Elbit Systems of America will develop prototypes of a multisensor laser targeting system for forward observers under separate contracts with the U.S. Army. The two companies will work on the Army's Joint Effects Targeting System II program, which seeks to build a handheld system designed to enable warfighters to locate and engage targets and call in precision munitions across all combat scenarios.
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