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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Leonardo 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.

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Leonardo 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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A partnership between Leonardo DRS subsidiary DRS Global Enterprise Solution and Intelsat will develop a satellite communications as a managed service business model for the U.S. Army under a potential one-year contract awarded on Sept. 26. The service branch said Friday the team will offer insights for potential business strategies and integration of capabilities in support of the […] More
The U.S. Army has ordered a family of modernized thermal weapon sight devices from Leonardo DRS‘ network and imaging systems business under a five-year, $94.8 million contract. Army Contracting Command received only one bid during the online solicitation for the Weapons Sights-Sniper Improved Night/Day Observation Device Block 3 system, the Department of Defense said Friday. […] More
Leonardo DRS will provide the U.S. Army with additional counter-unmanned aircraft systems and spares under a task order awarded through an existing indefinite- delivery/indefinite-quantity contract. The task order was awarded in support of the Mobile-Low, Slow, Small UAS Integrated Defeat System program of the Army’s Integrated Fires/Rapid Capabilities Office, Leonardo DRS said Thursday. M-LIDS is […] More
Leonardo DRS‘ network and imagining systems business will handle combat network system assessment and other related activities for the U.S. Army under a $26.7 million firm-fixed-price contract. DRS Network & Imaging Systems was tapped for the reconfiguration, installation, integration and testing of a combat network system in support of the service branch, the Department of […] More
Eric Salzman, CEO of venture capital firm Safeguard Scientifics, has joined the board of directors of Leonardo DRS. He will be part of DRS’ audit, nominating and corporate governance committees, where the company can leverage his financial and administrative expertise, the defense technology provider Tuesday. Salzman has been an investor, strategic adviser and board member […] More
Leonardo DRS will manufacture third-generation infrared sensors to replace the U.S. Army’s second-generation horizontal technology integration system under a $39.5 million contract. The award covers low-rate initial production of long-range forward-looking IR sensors equipped with an integrated dewar cooler assembly, the company said Monday. HTI sensing technology is installed on various tactical vehicles including the […] More
Nancy Santos has been promoted to the role of vice president of business development at Leonardo DRS, according to her LinkedIn post published Monday. Prior to her move up, Santos served as senior director of business development at the defense contractor for a little over two years. She was primarily responsible for the U.S. Army’s Aberdeen Proving […] More
Leonardo DRS‘ land systems business and Israel-based unmanned air system builder SpearUAV have partnered to develop and market an aerial munition product to the U.S. defense sector. The partnership intends to adapt SpearUAV’s Viper quadrotor in an effort to help military customers observe and reach targets, Leonardo DRS said Thursday. Viper is equipped with the […] More
Leonardo DRS has shipped the main propulsion motor of the U.S. Navy’s upcoming lead Columbia-class nuclear submarine to General Dynamics‘ electric boat business after completing factory acceptance testing of the prototype motor. The defense product and technology company said Tuesday GD Electric Boat will handle the integration of the first production unit into the vessel. […] More
William Lynn, chairman and CEO of Leonardo DRS, said the company is working to advance directed energy, electronic warfare and other capabilities to counter drone swarms, Defense News reported Tuesday. “With single drones, you can deal with them kinetically [and] shoot them down one at a time. With swarming drones, you could have too many […] More
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