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ARLINGTON, VA, SEPTEMBER 4, 2019 ̶ Leonardo DRS, Inc. announced today that it has won a U.S. Navy contract for the development, integration, and production of hardware solutions for various Navy platforms. The indefinite delivery, indefinite quantity contract has a base award of more than $382 million. With options, the cumulative value of the contract is estimated at more than $830 million. Under the contract, Leonardo DRS will provide design, procurement, production, sparing, test, installation, and support of displays, workstations, processors, and network systems; the production of subsequent systems, kits and enclosures; and engineering and technical services. This contract combines purchases for the U.S. Navy, the government of the United Kingdom under the Foreign Military Sales program, as well as under a memorandum of understanding with the Commonwealth of Australia. “We are proud to continue our long history of providing the U.S. Navy with off-the-shelf and custom hardware systems that deliver the mission-critical modernization needs for our sailors. We have already delivered or are under contract for over 250 shipsets of products, going back to 1998.” said Lee Meyer, vice president and general manager of the Leonardo DRS Naval Electronics business. “This is another example that from stem-to-stern, Leonardo DRS provides a wide range of technologies and solutions to enhance readiness and augment shipboard operations and functionality.” he said. The contract was awarded through the Leonardo DRS Laurel Technologies business. Work will be performed in Leonardo DRS facilities in Johnstown, Pennsylvania; Burnsville, Minnesota; Germantown, Maryland; Largo, Florida; and Chesapeake, Virginia. Work is expected to be completed in December 2026. About Leonardo DRS Leonardo DRS is a prime contractor, leading technology innovator and supplier of integrated products, services and support to military forces, intelligence agencies and defense contractors worldwide. Its Naval Electronics business unit provides leading naval computing infrastructure, network and data distribution and middleware enterprise services, as well as world-class manufacturing and support capabilities. Headquartered in Arlington, Virginia, Leonardo DRS is a wholly owned subsidiary of Leonardo S.p.A. See the full range of capabilities at www.LeonardoDRS.com and on Twitter @LeonardoDRSnews. For additional information please contact: Michael Mount Senior Director, Public Affairs +1 571 447 4624 mmount@drs.com Twitter: @LeonardoDRSnews https://www.leonardodrs.com/news-and-events/press-releases/leonardo-drs-wins-382-million-us-navy-hardware-solutions-contract/