Leonardo DRS announced that it has won Department of Defense contracts for Electro-Optical/Infrared programs worth up to $800 million. The significant U.S. military Indefinite Delivery Indefinite Quantity program contracts were awarded in September 2018. The contracts include: a ten-year Indefinite Delivery Indefinite Quantity contract from the U.S. Army to produce the Lightweight Laser Designator Rangefinder 3, a next-generation lightweight precision laser targeting system, enabling forward observers to call for precision-guided munitions onto targets. The firm-fixed-price contract, awarded September 9, 2018, is worth up to $231 million, if all options are exercised over ten years.
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| Lightweight Laser Designator Rangefinder (LLDR) 3 (Picture source: Leonardo DRS) |