Home / Contract Awards / Leonardo DRS Lands $90M Navy Contract Modification for Submarine Tech Insertion Hardware Devt

Leonardo DRS Lands $90M Navy Contract Modification for Submarine Tech Insertion Hardware Devt

Leonardo DRS has been awarded a five-year, $90.2 million contract modification to develop, integrate and produce submarine technology insertion hardware for the U.S. Navy as well as the governments of Australia and the U.K.

The Defense Department said Thursday TIH will consist of display, processor and network equipment designed to support for combat control and sonar systems on naval submarines.

The modification increases the cumulative value of Leonardo DRS’ indefinite-delivery/indefinite-quantity contract to $474.5 million.

Ninety-two percent of purchases under the modification will come from the Navy, another 5 percent from Australia and the remaining 3 percent from U.K.

Leonardo DRS will perform work in Pennsylvania, Minnesota and Virginia through September 2021.

Check Also

Booz Allen Issues 2020 Cyber Threat Trends Report

Booz Allen Hamilton (NYSE: BAH) has released a report that describes nine trends the company anticipates in 2020's cybersecurity landscape.

Leonardo Invests in Skydweller to Drive Unmanned Aircraft Tech Dev’t; Alessandro Profumo Quoted

Leonardo has made an investment in unmanned aircraft technology startup Skydweller Aero in a move to accelerate the deployment of the latter’s solar-powered drone platform.