Leonardo DRS wins $96M in contracts for Navy missile system electronics

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Leonardo DRS Awarded $96 Million in Contracts to Provide Critical MK 41 Vertical Launching System Electronics Hardware

September 10, 2026 8:30 AM EDT

Delivering trusted electronics for naval combat system readiness

ARLINGTON, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded contracts totaling $96 million to provide critical electronics hardware for the MK 41 Vertical Launching System (VLS). The MK 41 VLS is the U.S. Navys premier shipborne missile launching system and is also fielded by 14 allied navies worldwide. The awards reinforce Leonardo DRSs role in supporting naval combat system readiness with trusted, mission-critical electronics.

Under the awards, Leonardo DRS will provide a range of... More