Hello, Guest!
  • Thursday, April 18, 2024

William Lynn: Navy to Buy DRS C2 Hardware for Carriers, Amphibious Ships


William Lynn
William Lynn

DRS Technologies has received a $31.8 million contract from the U.S. Navy to provide command-and-control hardware for Ship Self-Defense System Mark 2 systems installed on amphibious assault ships and aircraft carriers.

The company said Wednesday the indefinite-delivery/indefinite-quantity contract covers production, testing and shipping of hardware products such as interface devices and peripheral systems.

William Lynn, chief executive of DRS and parent company Finmeccanica‘s North American business,  said the company will offer its technology for use on naval carriers and amphibious ships.

He added that this contract award comes as the Navy hones its focus on the Pacific region.

DRS will help integrate the products into the U.S. Navy vessels’ radar and sensor systems to help detect and engage identified surface or airborne threats and foster tactical situational awareness for secondary missions like fleet support and search-and-rescue operations.

Laurel Technologies, a division of DRS, will perform the contract work in Virginia and Pennsylvania through 2017.

Video of the Day

Related Articles

Leonardo DRS Books $1B in Navy Submarine Component Supply Contracts; William Lynn Quoted Contract Awards

Leonardo DRS Books $1B in Navy Submarine Component Supply Contracts; William Lynn Quoted

Leonardo DRS (Nasdaq: DRS) has reported more than $1 billion in contract awards to manufacture electric propulsion hardware for the U.S. Navy’s Columbia-class ballistic missile submarines. The defense technology supplier said Monday production efforts will occur at various facilities in Massachusetts, Wisconsin, Connecticut and Missouri. William Lynn, CEO of Leonardo DRS, said the company supports the submarine

Leonardo DRS Posts $2.7B in Full-Year FY22 Revenue, $4.3B Record Backlog; William Lynn Quoted Financial Reports

Leonardo DRS Posts $2.7B in Full-Year FY22 Revenue, $4.3B Record Backlog; William Lynn Quoted

Leonardo’s U.S. defense subsidiary reported revenues of $820 million during the fourth quarter and $2.7 billion for the full fiscal year of 2022. Leonardo DRS (Nasdaq: DRS) said Tuesday its Q4 FY22 bookings reached $852 million and full-year awards hit $3.2 billion driven by the rise in demand for its platforms across four key technology

Leonardo DRS Becomes Public Defense Tech Company After RADA Merger; William Lynn Quoted M&A Activity

Leonardo DRS Becomes Public Defense Tech Company After RADA Merger; William Lynn Quoted

Leonardo’s U.S. subsidiary is set to start trading Tuesday on Nasdaq under the ticker symbol “DRS” after the completion of its all-stock merger with Israel-based RADA Electronic Industries that was first announced in June. The closing of the transaction creates a public company that will offer sensing, network computing, force protection and electric power and