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Leonardo DRS Introduces New Mounted Form Factor Mission System to Address the U.S. Army’s CMOSS Modernization Initiative

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Leonardo DRS, Inc. (NASDAQ: DRS) unveils a cutting-edge combat computing product, fully compliant with U.S. Army standards, aimed at enhancing Army network modernization. The new CMFF system offers advanced capabilities for mission command, maneuver, and fires, providing improved situational awareness and networking on the battlefield.
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The announcement by Leonardo DRS, Inc. about its new combat computing product aligns with the broader defense industry's trend towards modular open systems architecture (MOSA). The compliance with the U.S. Army's C4ISR/Electronic Warfare Modular Open Suite of Standards (CMOSS) indicates a strategic move to meet military requirements for interoperability and future-proofing technology.

From a business perspective, this development is significant as it demonstrates Leonardo DRS's commitment to the U.S. Army's modernization efforts, which could lead to enhanced market positioning and potential contract advantages. The emphasis on MOSA platforms like the CMFF system aligns with the Department of Defense's push for cost-effective and rapidly upgradable systems, which can reduce long-term expenses and accelerate the integration of new technologies.

Investors should note the potential for increased revenue streams from such advanced systems, especially given the company's established track record in tactical computing. However, the defense industry is subject to rigorous testing and certification processes, which could impact the speed of adoption and delivery of the new systems.

The integration of assured positioning navigation and timing (APNT), mission command applications and multi-band software defined radios into a single platform is a technological leap. This move towards a unified platform reflects a strategic shift in military operations where situational awareness and networked communications are paramount.

For the U.S. Army, the adoption of such technology could lead to enhanced operational capabilities, especially in multi-domain operations. The ability to continuously field future technology capabilities without vendor lock or proprietary IP constraints is a significant advantage, as it allows for more agile responses to evolving threats and technological advancements.

Understanding the technical aspects, such as 3U-VPX capability cards, is important for stakeholders. These are a form of rugged electronic module standards for computing systems, which are designed to withstand harsh military environments. Their plug-and-play nature enhances the system's flexibility and upgradability, which is a strong selling point for the technology.

Leonardo DRS's involvement in the Modular Open Systems Approach and its role as a principal member of the SOSA consortium may provide it with a competitive edge in securing future contracts. As defense budgets are scrutinized, the U.S. military's emphasis on cost-saving and upgradeable systems could lead to a favorable market for companies like Leonardo DRS that are investing in aligned technologies.

While the immediate financial impact of this announcement may not be substantial, the long-term implications for Leonardo DRS's revenue and market share could be positive. The company's investment in next-generation C5 technologies and AI processing solutions positions it well for future Department of Defense requirements. However, investors should consider the cyclical nature of defense spending and the possibility of shifts in government priorities, which could affect the demand for such technologies.

Demonstrates the company’s focus on developing and fielding cutting-edge open systems architecture convergence platform for mounted platforms in support of U.S Army network modernization

ARLINGTON, Va.--(BUSINESS WIRE)-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today its newest combat computing product as its latest addition to the company’s proven tactical computing portfolio of products used across U.S. and allied militaries. This new offering is fully compliant with the U.S. Army’s C4ISR/Electronic Warfare Modular Open Suite of Standards (CMOSS).

This modular open systems architecture (MOSA) platform will enable flexibility and advanced capabilities intended to converge select Army warfighting capabilities – such as mission command, movement and maneuver and fires. The company’s new platform is well positioned to address the U.S. Army’s requirements under the CMOSS Mounted Form factor (CMFF) Program.

This new DRS-designed CMFF system is an innovative, next-generation combat vehicle computing hub that is a ruggedized, lightweight, open architecture hardware system designed to deliver state-of-the-art capability to future Army combat computer networking needs. It enables users to insert plug-and-play networked 3U-VPX capability cards including assured positioning navigation and timing (APNT), mission command applications, and multi-band software defined radios.

This next generation, open architecture capability will enable the U.S. Army to field future technology capabilities continuously, while avoiding the delays and costs due to proprietary IP and “vendor lock.” Additionally, this advanced CMFF platform will provide soldiers with improved situational awareness and networking on the battlefield.

“We are excited to unveil this advanced system in support of an important Army network modernization initiative,” said Bill Guyan, senior vice president and general manager of the Leonardo DRS Land Electronics business. “DRS has a proven 25-year track record of providing mission critical tactical computers, and CMFF is the latest demonstration of our full commitment to that partnership and support of the Army modernization goals. We are focused on continuing to deliver the quality products that allow soldiers to execute their missions on the modern battlefield.”

DRS’s current mission critical computing platforms are used throughout the U.S. Army and U.S. Marine Corps ground combat and tactical wheeled vehicle fleets, enabling the execution of mission command, logistics tracking and fire control on today’s multi-domain battlefield.

The new DRS CMFF computing system is a natural product evolution that fully aligns the Army’s Network modernization vision. It represents the company’s commitment to open architecture standards and employs our deep engineering understanding of combat vehicle environmental requirements. This combination ensures the delivery of a low-risk solution for the U.S. Army. Additionally, it is designed as a dependable mission critical CMOSS capability that warfighters can use in the conduct of large-scale combat operations without hesitation.

DRS proudly supports Modular Open Systems Approach and is a leading participant of the CMOSS efforts and architectures; it is also a principal member of the SOSA consortium. This critical involvement ensures DRS products are interoperable for warfighters across all military branches.

Network computing is a key strategic focus for the company as it continues to be the leading provider of advanced C5 technologies, delivering increased data and communications needed for situational awareness in multi-domain battlefield operations. The company is investing in the future of C5 for the DoD through the development of the next generation of MFOCS Systems, AI processing solutions and advanced CMOSS/SOSA aligned mounted systems – all aimed at enabling future network and platform processing to improve sensor fusion, situational awareness and reduce the cognitive burden for commanders and crews.

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 Contacts

Steve Vather

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 latest combat computing product announced by Leonardo DRS, Inc.?

The latest combat computing product announced by Leonardo DRS, Inc. is a CMFF system, fully compliant with U.S. Army standards.

What are the key features of the new CMFF system introduced by Leonardo DRS, Inc.?

The new CMFF system is a ruggedized, lightweight, open architecture hardware system designed to deliver state-of-the-art capability to future Army combat computer networking needs. It enables users to insert plug-and-play networked 3U-VPX capability cards.

How does the new CMFF system benefit the U.S. Army?

The new CMFF system will enable the U.S. Army to field future technology capabilities continuously, providing soldiers with improved situational awareness and networking on the battlefield.

What is Leonardo DRS, Inc.'s focus in terms of network computing?

Leonardo DRS, Inc. is focused on being the leading provider of advanced C5 technologies, delivering increased data and communications needed for situational awareness in multi-domain battlefield operations.

What is DRS's involvement in the CMOSS efforts and architectures?

DRS is a leading participant of the CMOSS efforts and architectures, ensuring its products are interoperable for warfighters across all military branches.

Leonardo DRS, Inc.

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