Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a new contract to produce its next-generation infrared weapon sights for U.S. Army infantry snipers. The firm-fixed-price contract from the Army’s Contracting Command is valued at more than $94 million over five years.
Under the contract, Leonardo DRS will produce the advanced system known as the Family of Weapon Sights – Sniper, Improved Night / Day Observation Device Block III. The advanced infrared weapon sight is designed for sniper or reconnaissance operators that require extended range target detection and identification, observation of environmental indicators, and a capability to track bullet trajectory.
We are proud to provide this technology to ensure soldiers have the most advanced systems available. We have a long history of supplying the Army with advanced electro-optic and infrared technologies, and this award highlights our customer trust in our market-leading Family of Weapon Sights.
Jerry Hathaway, senior vice president and general manager of the Leonardo DRS Electro-Optical Infrared Systems business
Source: Leonardo DRS news release
