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Leonardo DRS Awarded $500M Ceiling Indefinite-Delivery/Indefinite-Quantity Contract With 3-Yr Period Of Performance From Joint Interagency Task Force 401

Oct 14, 2026 · 08:01 AM ET· updated 1h ago

Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it has been awarded a $500 million ceiling indefinite-delivery/indefinite-quantity (IDIQ) contract with three-year period of performance from the Joint Interagency

Why It Matters

Leonardo DRS won a big government contract worth up to 500 million dollars. This means the company has steady work lined up for the next three years.

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DRS35.31

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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