Leonardo DRS Awarded Contract to Deliver Additional Mission Equipment Packages for New SGT Stout Maneuver Short-Range Air Defense Platforms
Leonardo DRS, Inc. (DRS)
Company Research
Source: Business Wire
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide additional mission equipment packages (MEP) for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker capability. The contract is valued at more than $77 million and as part of this contract Leonardo DRS will be responsible for MEP assembly, integration and test.With the integrated MEP, the SGT Stout Stryker allows soldiers to detect, identify, track, and defeat Group 3 unmanned aerial systems, rotary wing, and fixed wing threats. Three Division Air Defense Battalions have already received this urgently needed capability.“The use of manned and unmanned aircraft in current conflicts in the Middle East and Ukraine reinforces the need to field this capability to U.S. Army divisions as quickly as possible,” said Aaron Hankins, senior vice president and general manager of the Leonardo DRS Land Systems business uni
Show less
Read more
Impact Snapshot
Event Time:
DRS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRS alerts
High impacting Leonardo DRS, Inc. news events
Weekly update
A roundup of the hottest topics
DRS
News
- Leonardo DRS, Inc. (DRS) is a Great Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Reasons to Add Leonardo DRS Stock to Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
- Are Aerospace Stocks Lagging Leonardo DRS, Inc. (DRS) This Year? [Yahoo! Finance]Yahoo! Finance
- Zacks.com featured highlights include Snap, GeneDx and Leonardo [Yahoo! Finance]Yahoo! Finance
- 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
DRS
Earnings
- 10/30/24 - Beat
DRS
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- DRS's page on the SEC website