Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights
Leonardo DRS (NASDAQ: DRS) has received a $52 million follow-on production order for its advanced Sniper Weapon Sights under the Family of Weapon Sights–Sniper (FWS-S) IDIQ contract for the U.S. Army. The FWS-S is a clip-on thermal weapon sight that works with existing daytime sniper optics, providing rapid target acquisition capabilities in various environmental conditions, including smoke and fog.
The system incorporates DRS's cooled infrared imaging technology, offering strategic and tactical advantages to snipers. This order reinforces Leonardo DRS's position as a trusted provider of advanced sensing capabilities to the U.S. military, aligning with the company's key strategic focus on electro-optical and infrared technologies.
Leonardo DRS (NASDAQ: DRS) ha ricevuto un ordine di produzione aggiuntivo di 52 milioni di dollari per i suoi avanzati mirini per cecchino nell'ambito del contratto IDIQ per il Family of Weapon Sights–Sniper (FWS-S) per l'Esercito degli Stati Uniti. Il FWS-S è un mirino termico installabile che si integra con gli ottici per cecchini esistenti, offrendo capacità di acquisizione rapida degli obiettivi in diverse condizioni ambientali, anche in presenza di fumi e nebbia.
Il sistema incorpora la tecnologia di imaging a infrarossi raffreddati di DRS, offrendo vantaggi strategici e tattici ai cecchini. Questo ordine rafforza la posizione di Leonardo DRS come fornitore affidabile di capacità di rilevamento avanzate per le forze armate statunitensi, in linea con il focus strategico chiave dell'azienda sulle tecnologie elettro-ottiche e a infrarossi.
Leonardo DRS (NASDAQ: DRS) ha recibido una orden de producción adicional de 52 millones de dólares para sus avanzadas miras de francotirador bajo el contrato IDIQ Family of Weapon Sights–Sniper (FWS-S) para el Ejército de los EE. UU. El FWS-S es una mira térmica acoplable que funciona con las ópticas diurnas de francotirador existentes, proporcionando capacidades de adquisición rápida de objetivos en diversas condiciones ambientales, incluyendo humo y niebla.
El sistema incorpora la tecnología de imagen infrarroja enfriada de DRS, ofreciendo ventajas estratégicas y tácticas a los francotiradores. Este pedido refuerza la posición de Leonardo DRS como un proveedor de confianza de capacidades avanzadas de detección para el ejército de EE. UU., alineándose con el enfoque estratégico clave de la empresa en tecnologías electro-ópticas e infrarrojas.
레오나르도 DRS (NASDAQ: DRS)는 미국 육군을 위한 FWS-S(IDIQ) 계약 하에 있는 고급 저격수 조준기들에 대해 5200만 달러의 추가 생산 주문을 받았습니다. FWS-S는 기존의 주간 저격수 광학 장비와 함께 작동하는 클립 온 열 화기 조준기로, 연기와 안개를 포함한 다양한 환경 조건에서 신속한 목표 획득 능력을 제공합니다.
이 시스템은 DRS의 냉각된 적외선 이미지 기술을 통합하여 저격수들에게 전략적이고 전술적인 이점을 제공합니다. 이번 주문은 레오나르도 DRS의 미국 군대에 대한 고급 센싱 기술 제공자로서의 입지를 강화하며, 회사의 전기-광학 및 적외선 기술에 대한 주요 전략적 초점과 일치합니다.
Leonardo DRS (NASDAQ: DRS) a reçu une commande de production supplémentaire de 52 millions de dollars pour ses avancées en systèmes de visée pour tireurs d'élite dans le cadre du contrat IDIQ Family of Weapon Sights–Sniper (FWS-S) pour l'armée américaine. Le FWS-S est un visée thermique à clipser qui fonctionne avec les optiques de jour pour tireurs d'élite existantes, offrant des capabilités d'acquisition rapide des cibles dans diverses conditions environnementales, y compris la fumée et le brouillard.
Le système intègre la technologie d'imagerie infrarouge refroidie de DRS, offrant des avantages stratégiques et tactiques aux tireurs d'élite. Cette commande renforce la position de Leonardo DRS en tant que fournisseur de confiance de capacités de détection avancées pour l'armée américaine, s'alignant sur l'objectif stratégique clé de l'entreprise en matière de technologies électro-optiques et infrarouges.
Leonardo DRS (NASDAQ: DRS) hat einen Nachfolgeauftrag über 52 Millionen Dollar für seine fortschrittlichen Scharfschützen-Zielfernrohre im Rahmen des IDIQ-Vertrags Family of Weapon Sights–Sniper (FWS-S) für das US-Militär erhalten. Das FWS-S ist ein aufschraubbares Wärmezielfernrohr, das mit vorhandenen Tagesscharfschützen-Optiken funktioniert und schnelle Zielerfassungsfähigkeiten unter verschiedenen Umweltbedingungen, einschließlich Rauch und Nebel, bietet.
Das System integriert die gekühlte Infrarotbildgebungstechnologie von DRS und bietet Scharfschützen strategische und taktische Vorteile. Dieser Auftrag festigt die Position von Leonardo DRS als vertrauenswürdigen Anbieter fortschrittlicher Sensorfähigkeiten für das US-Militär und steht im Einklang mit dem strategischen Schwerpunkt des Unternehmens auf elektro-optische und infrarote Technologien.
- Secured a $52 million follow-on production order for Sniper Weapon Sights
- Reinforces position as a trusted technology provider to the U.S. Army
- Demonstrates continued demand for DRS's advanced sensing capabilities
- None.
Insights
This $52 million follow-on order for Leonardo DRS's Sniper Weapon Sights underscores the U.S. Army's continued confidence in the company's advanced thermal imaging technology. The FWS-S system's ability to enhance target acquisition in challenging environments like smoke or fog provides a significant tactical advantage for military snipers.
The contract reinforces Leonardo DRS's strong market position in military electro-optical and infrared systems. With an extensive installed base across the U.S. military, this order likely indicates potential for future growth in both domestic and international defense markets. Investors should note that such long-term contracts can provide stable revenue streams and enhance the company's competitive edge in the defense technology sector.
The $52 million order is a positive development for Leonardo DRS (NASDAQ: DRS), representing a significant contract win. While the exact impact on overall revenue depends on the company's total size, such orders contribute to a strong order backlog and provide revenue visibility.
Investors should consider the potential for margin expansion as production continues, possibly benefiting from economies of scale. The follow-on nature of the order suggests customer satisfaction and could lead to additional orders or contract extensions. However, it's important to analyze this in the context of Leonardo DRS's full financial picture, including its revenue growth rate, profit margins and market share in the defense technology sector.
This contract reinforces Leonardo DRS's strategic focus on advanced sensing capabilities, a critical area in modern warfare. The company's success in securing this follow-on order demonstrates its ability to meet evolving military needs and maintain a competitive edge in a high-tech, high-stakes market.
The broader implication is the increasing importance of advanced optics and sensing technologies in military operations. This trend could drive further investment and innovation in the sector, potentially benefiting companies with strong R&D capabilities. For Leonardo DRS, this contract could serve as a springboard for expansion into related technologies or international markets, provided they can maintain their technological lead and navigate complex defense procurement processes.
Incorporating DRS’s proven cooled infrared imaging technology, FWS-S is a clip-on thermal weapon sight used in conjunction with existing daytime sniper optics to provide rapid target acquisition capabilities to the sniper during day and night. The sighting system gives users the ability to acquire targets in a range of difficult environmental conditions, including smoke or fog, providing strategic and tactical advantages to the sniper.
“Ensuring soldiers have the most advanced technology on the battlefield today is critical, and the Family of Weapon Sights - Sniper answers that call,” said Jerry Hathaway, senior vice president and general manager of DRS’s Electro-Optical Infrared Systems business. “We are proud to provide this innovative technology, and proud the
In addition to FWS-S, 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/20240820326193/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
What is the value of the new order received by Leonardo DRS for Sniper Weapon Sights?
What is the Family of Weapon Sights–Sniper (FWS-S) system?
How does the FWS-S technology benefit snipers?
What is Leonardo DRS's stock symbol?
