Leonardo DRS awarded $150M Army contract modification

DRS Network & Imaging Systems was awarded a $150M modification to a contract for manufacturing and delivering Third Generation Forward Looking Infrared Low-Rate Initial Production Dewar Cooler Benches to support the XM30 Mechanized Infantry Combat Vehicle, the Future Advanced Long-range Common Optical / Netted-fires Sensor, and the Abrams M1E3 Main Battle Tank. The modification brings the total cumulative face value of the contract to $213.14M. Work will be performed in Melbourne, Florida, with an estimated completion date of Jan. 31, 2029. FY25 other procurement, Army funds in the amount of $20.2M were obligated at the time of the award. Army Contracting Command. Aberdeen Proving Ground is the contracting activity.