Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights
Leonardo DRS (NASDAQ: DRS) has received a $117 million production order for its next-generation thermal weapon sights under the Family of Weapon Sights – Individual (FWS-I) IDIQ contract for the U.S. Army. The FWS-I is a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems, providing rapid target acquisition capabilities in various conditions. This technology offers strategic and tactical advantages on the battlefield.
Jerry Hathaway, senior vice president at DRS, emphasized the importance of providing advanced weapon sight systems to soldiers. Leonardo DRS has an extensive installed base of electro-optical and infrared technology across the U.S. military, focusing on advanced sensing capabilities for various applications supporting the armed forces.
Leonardo DRS (NASDAQ: DRS) ha ricevuto un ordine di produzione di 117 milioni di dollari per i suoi dispositivi di puntamento termico di prossima generazione nell'ambito del contratto IDIQ Family of Weapon Sights – Individual (FWS-I) per l'Esercito degli Stati Uniti. Il FWS-I è un dispositivo di puntamento stand-alone da applicare che si collega in modalità wireless ai sistemi visivi montati sul casco, fornendo capacità di acquisizione rapida dei bersagli in diverse condizioni. Questa tecnologia offre vantaggi strategici e tattici sul campo di battaglia.
Jerry Hathaway, vicepresidente senior di DRS, ha sottolineato l'importanza di fornire sistemi avanzati di puntamento per le armi ai soldati. Leonardo DRS possiede un'ampia base installata di tecnologia elettro-ottica e infrarossa all'interno delle forze armate degli Stati Uniti, con un focus sulle capacità di rilevamento avanzate per varie applicazioni a sostegno delle forze armate.
Leonardo DRS (NASDAQ: DRS) ha recibido un pedido de producción de 117 millones de dólares para sus miras térmicas de próxima generación en virtud del contrato IDIQ Family of Weapon Sights – Individual (FWS-I) para el Ejército de EE. UU. El FWS-I es una mirilla independiente que se puede acoplar y se conecta de forma inalámbrica a los sistemas de visión montados en el casco, proporcionando capacidades de adquisición rápida de objetivos en diversas condiciones. Esta tecnología ofrece ventajas estratégicas y tácticas en el campo de batalla.
Jerry Hathaway, vicepresidente senior de DRS, enfatizó la importancia de proporcionar sistemas avanzados de miras a los soldados. Leonardo DRS cuenta con una amplia base instalada de tecnología electroóptica e infrarroja en el Ejército de EE. UU., centrándose en capacidades de detección avanzada para diversas aplicaciones que apoyan a las fuerzas armadas.
레오나르도 DRS (NASDAQ: DRS)는 미국 육군에 대한 Family of Weapon Sights – Individual (FWS-I) IDIQ 계약에 따라 차세대 열화상 조준경에 대해 1억 1700만 달러의 생산 주문을 수령했습니다. FWS-I는 독립형 클립온 조준경으로, 헬멧 장착형 비전 시스템과 무선으로 연결되어 다양한 조건에서 신속한 목표 획득 능력을 제공합니다. 이 기술은 전투에서 전략적 및 전술적 장점을 제공합니다.
DRS의 수석 부사장인 제리 하태웨이는 군인들에게 고급 조준 경 시스템을 제공하는 것의 중요성을 강조했습니다. 레오나르도 DRS는 미국 군대 전반에 걸쳐 전자 광학 및 적외선 기술의 광범위한 설치 기반을 보유하고 있으며, 다양한 응용 분야에서 군대를 지원하기 위한 고급 감지 기능에 중점을 두고 있습니다.
Leonardo DRS (NASDAQ: DRS) a reçu un ordre de production de 117 millions de dollars pour ses systèmes de visée thermique de nouvelle génération dans le cadre du contrat IDIQ Family of Weapon Sights – Individual (FWS-I) pour l'Armée des États-Unis. Le FWS-I est un système de visée autonome à clipser qui se connecte sans fil aux systèmes de vision montés sur casque, offrant des capacités d'acquisition rapide de cibles dans diverses conditions. Cette technologie offre des avantages stratégiques et tactiques sur le champ de bataille.
Jerry Hathaway, vice-président senior de DRS, a souligné l'importance de fournir des systèmes de visée avancés aux soldats. Leonardo DRS possède une vaste base installée de technologie électro-optique et infrarouge au sein de l'armée américaine, se concentrant sur des capacités de détection avancées pour diverses applications soutenant les forces armées.
Leonardo DRS (NASDAQ: DRS) hat einen Produktionsauftrag über 117 Millionen Dollar für seine nächste Generation von Wärmebildvisieren im Rahmen des IDIQ-Vertrags Family of Weapon Sights – Individual (FWS-I) für die US-Armee erhalten. Das FWS-I ist ein eigenständiges, ansteckbares Visier, das drahtlos mit helmgetragenen Sichtsystemen verbunden ist und in verschiedenen Bedingungen eine schnelle Zielerfassung ermöglicht. Diese Technologie bietet strategische und taktische Vorteile auf dem Schlachtfeld.
Jerry Hathaway, Senior Vice President bei DRS, betonte die Bedeutung der Bereitstellung fortschrittlicher Zielsysteme für Soldaten. Leonardo DRS verfügt über eine umfangreiche installierte Basis von elektro-optischen und Infrarot-Technologien im gesamten US-Militär, mit einem Fokus auf fortschrittliche Sensorfähigkeiten für verschiedene Anwendungen zur Unterstützung der Streitkräfte.
- Secured a $117 million production order for thermal weapon sights
- Continued partnership with the U.S. Army for advanced military technology
- FWS-I provides strategic and tactical advantages on the battlefield
- Extensive installed base of electro-optical and infrared technology across U.S. military
- None.
Insights
The $117 million production order for Leonardo DRS's thermal weapon sights is a positive development for the company. This order, under the existing IDIQ contract, demonstrates continued demand for their advanced military technology. The contract's size is significant, likely to boost revenue and potentially improve profit margins in the coming quarters. However, investors should consider that military contracts can be lumpy and subject to political factors. It's important to assess this order in the context of Leonardo DRS's overall financial health and diversification strategy. The company's focus on advanced sensing capabilities aligns with current military modernization trends, potentially positioning them for future growth opportunities in the defense sector.
Leonardo DRS's Family of Weapon Sights - Individual (FWS-I) represents a significant technological advancement in soldier equipment. The system's ability to wirelessly connect to helmet-mounted vision systems and provide rapid target acquisition in various conditions is a game-changer for infantry operations. This technology enhances situational awareness and combat effectiveness, potentially reducing friendly fire incidents and improving mission success rates. The U.S. Army's continued investment in this technology suggests its high strategic value. For Leonardo DRS, this order not only provides immediate revenue but also strengthens their position in the competitive defense technology market, potentially leading to future contracts and innovations in related fields.
This contract reinforces Leonardo DRS's strong market position in military electro-optical and infrared technologies. The company's ability to secure follow-on orders indicates customer satisfaction and product reliability. The defense sector's increasing focus on advanced sensing capabilities aligns well with Leonardo DRS's strategic direction, potentially opening up new market opportunities. However, investors should note the cyclical nature of defense spending and potential budget constraints. The company's diverse portfolio across various military platforms provides some risk mitigation. Looking ahead, the growing emphasis on soldier modernization programs globally could create additional demand for similar technologies, potentially benefiting Leonardo DRS if they can leverage this success to expand their international presence.
Leveraging DRS’s uncooled thermal imaging technology, FWS-I is a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems including the enhanced night vision goggle binoculars and the next-gen integrated visual augmentation system and provides rapid target acquisition capabilities to the soldier. It gives users the ability to acquire targets day or night and in a range of degraded environmental conditions, providing strategic and tactical advantages on the battlefield.
“This cutting-edge technology ensures soldiers will have the most advanced weapon sight systems on the battlefield today,” said Jerry Hathaway, senior vice president and general manager of DRS’s Electro-Optical Infrared Systems business. “We are proud the
In addition to FWS-I, Leonardo DRS has an extensive installed base of electro-optical and infrared technology across the
About Leonardo DRS
Headquartered in
Forward-Looking Statements
This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240827912524/en/
Leonardo DRS Investor Relations Contact
Steve Vather
Senior Vice President, Investor Relations and Corporate Finance
+1 703 409 2906
stephen.vather@drs.com
Leonardo DRS Media Contact
Michael Mount
Vice President, Communications and Public Affairs
+1 571 447 4624
mmount@drs.com
Source: Leonardo DRS, Inc.
FAQ
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