Leonardo DRS Wins $417M Navy Contract for Hardware Development, Production

A Leonardo DRS business has won a five-year, $417.2 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy for hardware products. DRS Laurel Technologies will develop, integrate and manufacture hardware for the U.S. and Australian navies and the Foreign Military Sales program under the fixed-price-incentive-fee, cost-plus-incentive-fee, cost-plus-fixed-fee and cost reimbursable IDIQ, the Department of Defense said Tuesday.

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