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0 0.0135135135135135 0 0.0108108108108109 0.0110360360360361 0.0177927927927929 -0.00900900900900898 0.0175292792792793
Stock impact report

Leonardo DRS Selected to Support Department of War for Rapid Fielding of Emerging Technologies

Leonardo DRS, Inc. (DRS) 
Company Research Source: Business Wire
ATSP5 award enables Leonardo DRS to provide advanced engineering to accelerate next-generation electronic systems for the U.S. military. ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V (ATSP5) to support the U.S. military in rapidly fielding emerging technologies. The indefinite-delivery, indefinite-quantity, multiple award contract has a total potential value of more than $25 billion over ten years.Leonardo DRS is one of thirteen companies awarded this contract, which positions the Company to offer its cutting-edge technologies and advanced engineering expertise to the development of next-generation electronic systems.“As a company built around rapid delivery of trusted advanced technologies, we are excited and proud to be one of the few awardees of this contract. This is an important contract vehicle that will provide another avenue for custom Show less Read more
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