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How New Naval and Tactical Contracts Will Impact Leonardo DRS (DRS) Investors

In recent weeks, Leonardo DRS, Inc. announced a series of defense wins, including a contract with Doosan Enerbility to supply integrated electric propulsion systems for the Republic of Korea Navy's KDDX destroyer program, alongside US$96.00 million in MK 41 Vertical Launching System electronics awards and a US$39.60 million Joint Tactical Terminal Transceiver contract for the EA-18G Growler. Together, …

Leonardo DRS (DRS) Wins Korean Warship Contract. Can More Orders Follow?

Leonardo DRS, Inc. (NASDAQ:DRS) announced September 17 that it had signed a contract with Doosan Enerbility to supply electric propulsion for South Korea's KDDX destroyer program. The award covers propulsion motors and the electronic drives that control them. The broader program is expected to …

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