Leonardo DRS Triumphs with New $235 Million Navy Contract
Leonardo DRS, Inc. (NASDAQ: DRS) has achieved a remarkable milestone by securing a substantial contract aimed at producing the AN/SPQ-9B ship protection radar system. This significant contract was awarded by NAVSEA and aims to enhance the Navy's capabilities against various maritime threats. The deal, encompassing numerous options over a term of five years, could potentially escalate to a total value exceeding $235 million.
Commitment to Advanced Ship Protection Technology
This contract entails the complete manufacturing, inspection, and testing of the AN/SPQ-9B radars, alongside essential spare kits. The radar system itself is a sophisticated X-band, pulse Doppler radar tailored for operation in littoral environments, demonstrating a low false track rate even amidst heavy clutter conditions. It is meticulously designed to track low-flying anti-ship cruise missiles, surface threats, and drones.
The Significance of the SPQ-9B Radar
The SPQ-9B radar system represents a crucial element in modern naval warfare, functioning effectively within dense, complicated maritime scenarios. Its abilities not only include detecting and tracking low-flying aircraft but also extending its scope to monitor periscopes and helicopters, underlining its multifunctional capacity in the defense sector.
A Strong Strategic Partnership
Cari Ossenfort, the senior vice president and general manager of the Leonardo DRS Naval Electronics business unit, emphasized their pride in continuing to provide such vital technology to the Navy. "Our ability to implement complex manufacturing processes and proven engineering techniques solidifies our position as a reliable partner for NAVSEA and PEO Integrated Warfare Systems." This statement reflects the long-standing trust established through years of dedicated service and innovation in defense technologies.
Leveraging Expertise in Advanced Technologies
Leonardo DRS has built an impressive reputation over the past six years, significantly contributing to the capabilities of the AN/SPQ-9B system. This recent contract is a testament to their deep experience as a leader in complex design and manufacturing. The company is recognized for supporting a myriad of missions across multiple domains, including naval, ground, air, space, and cyber operations.
Particularly noteworthy is their extensive expertise in sensing technologies, force protection, and computer networking. They are at the forefront of developing advanced electric power and propulsion systems essential for national security operations.
About Leonardo DRS
Leonardo DRS, Inc. is proudly headquartered in Arlington, VA, and dedicates itself to providing cutting-edge defense technology for U.S. national security clients as well as allied nations. Their proficiency spans a spectrum of areas, including advanced sensing, network computing, and mission-critical technologies. As a company, they are devoted to fostering innovation and are continuously exploring disruptive technologies that can deliver interconnectivity and multi-domain capabilities — crucial factors in facing new and emerging threats in global security.
To discover more about their comprehensive range of advanced solutions, interested parties can visit www.LeonardoDRS.com.
Frequently Asked Questions
What is the purpose of the AN/SPQ-9B radar system?
The AN/SPQ-9B radar system is designed for air and surface target detection, primarily serving as a ship protection system within the Navy.
How much is the contract awarded to Leonardo DRS worth?
The contract awarded to Leonardo DRS is valued at $235 million, which may increase based on exercised options over the next five years.
Where is Leonardo DRS headquartered?
Leonardo DRS, Inc. is headquartered in Arlington, Virginia.
What types of threats can the AN/SPQ-9B radar detect?
The AN/SPQ-9B radar can identify low-flying anti-ship cruise missiles, surface threats, drones, and low/slow flying aircraft.
Who is overseeing the contract awarded to Leonardo DRS?
The contract is overseen by NAVSEA, which is responsible for naval warfare system developments and acquisitions.
