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Stock impact report

Leonardo DRS and KNDS Sign Strategic Teaming Agreement to Offer High-Performance Self-Propelled Howitzer to U.S. Army [Yahoo! Finance]

Leonardo DRS, Inc. (DRS) 
Company Research Source: Yahoo! Finance
ARLINGTON, Va., October 13, 2025 BUSINESS WIRE )--Leonardo DRS and KNDS announced today that they have entered into a strategic teaming agreement to offer a high-performance, self-propelled howitzer system to the U.S. defense market. The team intends to present the U.S. Army with the CAESAR® Self-Propelled Howitzer, a combat-proven and reliable system that addresses the U.S. Army's needs for greater range and improved mobility. It is a powerful and combat-proven system built for accuracy, adaptability and rapid worldwide deployment. The agreement brings together two leading defense companies with deep experience in developing and delivering mobile tactical capabilities: Leonardo DRS, a global leader in platform integration, which will be the prime contractor, and KNDS, a global leader in developing mobile artillery systems and complete range of ammunition. "The ability for soldiers to rapidly and reliably put artillery on target is a crucial mission the U.S. Army is addressing, a Show less Read more
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