Leonardo DRS SHIELD Program Contract: Leonardo DRS, Inc. has received several new contracts under a very large program from the Missile Defense Agency. The program is called the Scalable Homeland Innovative Enterprise Layered Defense contract, also known as SHIELD. This is an indefinite-delivery and indefinite-quantity contract, which means work will be given over time as needed. The total ceiling value of this SHIELD IDIQ contract is $151 billion.
The contracts cover many types of work. The main goal is to quickly give new and advanced technology to US soldiers. The focus is on speed and flexibility so that the military can respond faster to changing threats.
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Strong Manufacturing Power
Leonardo DRS works across the United States and is known for building advanced defense systems. The company designs, manufactures, and delivers integrated technologies. These systems help improve next generation air and missile defense across different areas of warfare.
The company says it has strong mission knowledge and factories across the country. This allows it to move fast from early idea stage to full production and long term support. The aim is to help customers deal with new and growing threats in a reliable and timely way.
John Baylouny, President and CEO of Leonardo DRS, spoke about the award. He said, “Leonardo DRS has a proven track record of moving quickly to develop, integrate, and successfully deliver leading edge technologies and real-world mission capabilities that support some of the most critical needs of the U.S. military. We stand ready today to answer the call with our next-generation air and missile defense capabilities and deliver proven performance at speed to help the Missile Defense Agency and the warfighter outpace rapidly evolving threats.”
This contract also allows the company to compete for more task orders in the future during the life of the agreement.
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About Leonardo DRS
Leonardo DRS, Inc., which is listed on Nasdaq under the symbol DRS, focuses on building modern defense technology. The company works on advanced sensing systems, network computing, force protection, and electric power and propulsion. It supports U.S. national security customers and also works with allies around the world.
