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Leonardo DRS Awarded Contract to Deliver Additional Mission Equipment Packages for New SGT Stout Maneuver Short-Range Air Defense Platforms

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Leonardo DRS, Inc. (NASDAQ: DRS) has been awarded a $77 million contract by General Dynamics Land Systems to provide additional mission equipment packages (MEP) for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker platforms. The company will be responsible for MEP assembly, integration, and testing.

The integrated MEP enables the SGT Stout Stryker to detect, identify, track, and defeat Group 3 unmanned aerial systems, rotary wing, and fixed wing threats. Three Division Air Defense Battalions have already received this capability.

Aaron Hankins, senior vice president and general manager of Leonardo DRS Land Systems, emphasized the urgent need to field this capability to U.S. Army divisions due to the increasing use of manned and unmanned aircraft in current conflicts. The company's integration capability extends across all domains to support force protection, computer networking, C5I, and naval power and propulsion systems.

Leonardo DRS, Inc. (NASDAQ: DRS) ha ricevuto un contratto di 77 milioni di dollari da General Dynamics Land Systems per fornire pacchetti di equipaggiamento di missione (MEP) aggiuntivi per le nuove piattaforme Stryker SGT Stout Maneuver Short Range Air Defense (M-SHORAD). L'azienda sarà responsabile dell'assemblaggio, integrazione e test dei MEP.

Il MEP integrato consente al SGT Stout Stryker di rilevare, identificare, tracciare e neutralizzare sistemi aerei senza pilota di Gruppo 3, minacce a rotore e a ala fissa. Tre battaglioni di difesa aerea della Divisione hanno già ricevuto questa capacità.

Aaron Hankins, vicepresidente senior e direttore generale di Leonardo DRS Land Systems, ha sottolineato l'urgenza di dotare le divisioni dell'esercito statunitense di questa capacità a causa dell'uso crescente di aerei con e senza pilota nei conflitti attuali. La capacità di integrazione dell'azienda si estende su tutti i domini per supportare la protezione delle forze, le reti informatiche, C5I e i sistemi di potenza e propulsione navale.

Leonardo DRS, Inc. (NASDAQ: DRS) ha sido galardonada con un contrato de 77 millones de dólares por General Dynamics Land Systems para proporcionar paquetes de equipo de misión (MEP) adicionales para las nuevas plataformas Stryker SGT Stout Maneuver Short Range Air Defense (M-SHORAD). La empresa será responsable del ensamblaje, integración y pruebas de los MEP.

El MEP integrado permite al SGT Stout Stryker detectar, identificar, rastrear y neutralizar sistemas aéreos no tripulados de Grupo 3, así como amenazas de ala rotativa y de ala fija. Tres batallones de defensa aérea de la División ya han recibido esta capacidad.

Aaron Hankins, vicepresidente senior y gerente general de Leonardo DRS Land Systems, enfatizó la urgente necesidad de implementar esta capacidad en las divisiones del Ejército de EE.UU. debido al creciente uso de aeronaves tripuladas y no tripuladas en los conflictos actuales. La capacidad de integración de la empresa se extiende a todos los dominios para apoyar la protección de fuerzas, redes informáticas, C5I y sistemas de energía y propulsión naval.

레오나르도 DRS, Inc. (NASDAQ: DRS)는 제너럴 다이내믹스 랜드 시스템으로부터 새 SGT 스타우트 기동 단거리 공중 방어 (M-SHORAD) 스트라이커 플랫폼을 위한 추가 미션 장비 패키지 (MEP)를 제공하는 7700만 달러 계약을 체결했습니다. 이 회사는 MEP 조립, 통합 및 테스트를 책임질 것입니다.

통합된 MEP는 SGT 스타우트 스트라이커가 탐지하고, 식별하고, 추적하고, 저지하는 기능을 제공합니다. 이 시스템은 그룹 3 무인 항공기, 회전익 항공기 및 고정익 항공기에 대한 위협을 다룹니다. 이미 세 개의 공중 방어 연대가 이 능력을 확보했습니다.

레오나르도 DRS 육상 시스템의 수석 부사장 겸 총책임자인 아론 행킨스는 현재 갈등에서 유인 및 무인 항공기 사용이 증가하고 있는 만큼, 미국 육군 부대에 이 능력을 갖출 필요성이 시급하다고 강조했습니다. 이 회사의 통합 능력은 모든 영역에 걸쳐 힘 보호, 컴퓨터 네트워킹, C5I 및 해군 동력 및 추진 시스템을 지원합니다.

Leonardo DRS, Inc. (NASDAQ: DRS) a obtenu un contrat de 77 millions de dollars de General Dynamics Land Systems pour fournir des paquets d'équipement de mission (MEP) supplémentaires pour les nouvelles plateformes Stryker SGT Stout Maneuver Short Range Air Defense (M-SHORAD). L'entreprise sera responsable de l'assemblage, de l'intégration et des tests des MEP.

Le MEP intégré permet au SGT Stout Stryker de détecter, identifier, suivre et neutraliser des systèmes aériens sans pilote de Groupe 3, ainsi que des menaces à voilure tournante et fixe. Trois bataillons de défense aérienne de la division ont déjà reçu cette capacité.

Aaron Hankins, vice-président senior et directeur général des systèmes terrestres de Leonardo DRS, a souligné la nécessité urgente de déployer cette capacité dans les divisions de l'armée américaine en raison de l'utilisation croissante des aéronefs habités et non habités dans les conflits actuels. La capacité d'intégration de l'entreprise s'étend à tous les domaines pour soutenir la protection des forces, le réseautage informatique, C5I, ainsi que les systèmes de propulsion et de puissance navales.

Leonardo DRS, Inc. (NASDAQ: DRS) hat einen Vertrag über 77 Millionen Dollar von General Dynamics Land Systems erhalten, um zusätzliche Einsatzgerätepakete (MEP) für die neuen SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker-Plattformen bereitzustellen. Das Unternehmen ist für die Montage, Integration und Test der MEP verantwortlich.

Das integrierte MEP ermöglicht es dem SGT Stout Stryker, zu entdecken, zu identifizieren, zu verfolgen und zu bekämpfen Bedrohungen durch unbemannte Luftfahrzeuge der Gruppe 3, Rotorkopter und Starrflügler. Drei Luftverteidigungsbataillone haben bereits diese Fähigkeit erhalten.

Aaron Hankins, Senior Vice President und Geschäftsführer von Leonardo DRS Land Systems, betonte die dringende Notwendigkeit, diese Fähigkeit in die US-Armee-Divisionen zu bringen, angesichts des zunehmenden Einsatzes von bemannten und unbemannten Flugzeugen in aktuellen Konflikten. Die Integrationsfähigkeit des Unternehmens erstreckt sich über alle Bereiche zur Unterstützung von Truppenschutz, Computer-Netzwerken, C5I sowie Marinestrom- und Antriebssystemen.

Positive
  • Secured a $77 million contract for mission equipment packages
  • Demonstrates capability in integrating complex technologies for accelerated acquisition programs
  • Addresses urgent need for air defense systems against evolving aerial threats
Negative
  • None.

Insights

The $77 million contract awarded to Leonardo DRS for additional Mission Equipment Packages (MEPs) for the SGT Stout M-SHORAD platforms is a significant development in the defense sector. This contract underscores the growing demand for advanced air defense systems in response to evolving threats from unmanned aerial systems and aircraft.

The urgency to field this capability to U.S. Army divisions reflects the changing landscape of modern warfare, particularly in light of conflicts in the Middle East and Ukraine. The SGT Stout Stryker's ability to counter Group 3 UAS, rotary wing and fixed-wing threats addresses a critical capability gap in short-range air defense.

For investors, this contract signals strong growth potential in Leonardo DRS's Land Systems business unit. The company's expertise in integrating complex technologies for accelerated acquisition programs positions it well for future defense contracts. This aligns with the broader trend of increased defense spending on modernization efforts, particularly in the realm of air defense and counter-UAS capabilities.

The SGT Stout M-SHORAD system represents a significant technological advancement in mobile air defense. Its integration of detection, identification, tracking and defeat capabilities into a Stryker platform provides a versatile and rapidly deployable solution for ground forces.

The system's ability to counter diverse aerial threats, including the increasingly prevalent Group 3 UAS, addresses a critical vulnerability in modern military operations. The urgency of fielding this capability to three Division Air Defense Battalions underscores its strategic importance.

Leonardo DRS's role in MEP assembly, integration and testing highlights the complex nature of modern defense systems. The company's proven experience in integrating multiple technologies across various domains positions it as a key player in the defense industry's push towards more integrated and networked capabilities.

This contract not only bolsters Leonardo DRS's position in the air defense market but also demonstrates the ongoing evolution of military technology towards more adaptable, multi-threat platforms.

ARLINGTON, Va.--(BUSINESS WIRE)-- Leonardo DRS, Inc. (NASDAQ: DRS) 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.

With the integrated MEP, the SGT Stout Stryker allows soldiers to detect, identify, track, and defeat Group 3 unmanned aerial systems, rotary wing, and fixed wing threats. Three Division Air Defense Battalions have already received this urgently needed capability.

“The use of manned and unmanned aircraft in current conflicts in the Middle East and Ukraine reinforces the need to field this capability to U.S. Army divisions as quickly as possible,” said Aaron Hankins, senior vice president and general manager of the Leonardo DRS Land Systems business unit. “We are proud to continue to answer the call with our partner General Dynamics Land Systems. Fielding air defense systems is very important as air threats become increasingly more capable,” he said.

Integrating the MEP for the SGT Stout Stryker highlights DRS’s proven experience integrating multiple complex technologies as part of a range of accelerated acquisition programs. The company’s integration capability extends across all domains to support force protection, computer networking and C5I, as well as naval power and propulsion systems.

About Leonardo DRS

Headquartered in Arlington, VA, Leonardo DRS, Inc. is an innovative and agile provider of advanced defense technology to U.S. national security customers and allies around the world. We specialize in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other leading mission-critical technologies. Our innovative people are leading the way in developing disruptive technologies for autonomous, dynamic, interconnected, and multi-domain capabilities to defend against new and emerging threats. For more information and to learn more about our full range of capabilities, visit www.LeonardoDRS.com.

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 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.

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 contract awarded to Leonardo DRS for M-SHORAD Stryker platforms?

Leonardo DRS was awarded a contract valued at more than $77 million to provide additional mission equipment packages for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker platforms.

What capabilities does the SGT Stout Stryker with integrated MEP provide?

The SGT Stout Stryker with integrated mission equipment packages allows soldiers to detect, identify, track, and defeat Group 3 unmanned aerial systems, rotary wing, and fixed wing threats.

How many Division Air Defense Battalions have received the M-SHORAD capability?

Three Division Air Defense Battalions have already received the urgently needed M-SHORAD capability.

What is Leonardo DRS's role in the M-SHORAD contract?

Leonardo DRS will be responsible for mission equipment package (MEP) assembly, integration, and testing for the SGT Stout M-SHORAD Stryker platforms.

Leonardo DRS, Inc.

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