Leonardo DRS and BlueHalo Successfully Demonstrate New Counter-UAS Directed Energy Stryker, Shooting Down Drones in Live-Fire Engagement [Yahoo! Finance]
Leonardo DRS, Inc. (DRS)
Company Research
Source: Yahoo! Finance
During last month's demonstration for U.S. Army officials in Socorro, N.M., the mobile C-UAS capability successfully destroyed numerous drones using BlueHalo's 26kW LOCUST Laser Weapon System. Additionally, the demonstration included near-simultaneous C-UAS and ground engagements with the laser and a 30mm remote weapon station (RWS). The C-UAS DE Stryker successfully destroyed every drone over the two-day demonstration. Leonardo DRS has deep experience in developing, integrating, and fielding mobile air defense and C-UAS solutions for the U.S. Army, The demonstration is the latest step in a process that started with the company identifying the need for a directed energy multi-layered mobile C-UAS system built around best of breed technologies from strong partners. "In just eight months, Leonardo DRS and our outstanding industry partners designed, built, and tested this Stryker-based Directed Energy Counter-UAS prototype. We were able to move quickly by leveraging DRS's proven exp
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- Leonardo DRS, Inc. (NASDAQ: DRS) had its price target raised by analysts at JPMorgan Chase & Co. from $29.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
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- 10/30/24 - Beat
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- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- DRS's page on the SEC website