ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Leonardo DRS Announces Successful Delivery of Next-Generation Voice Communication Systems for U.S. Navy Arleigh Burke DDG51-Class Destroyers

Leonardo DRS, Inc. (NASDAQ: DRS) announced today the delivery of its first next-generation Integrated Voice Communication Systems (IVCS) in support of the U.S. Navy’s Arleigh Burke DDG51-class destroyers. The state-of-the-art systems provide mission-critical ship-wide communications vital for ensuring effective operations across all surface navy missions.

IVCS is the latest generation shipboard communications technology that provides reliable, tactical communications for Navy operators. The computer-controlled telephone system connects to a ship’s announcing system, shore telephone lines, radio communications and battle sound-powered telephone circuits.

The advanced IVCS was designed, built, tested, and delivered as an upgrade to its long line of voice communication systems, including the company’s Shipboard Integrated Communications Systems and Secure Voice Switching systems. These systems are in use on destroyers and frigates of the US, Canadian, Australian, New Zealand, Japanese, and South Korean navies underscoring the company's leadership in delivering cutting-edge secure naval communications solutions.

“This delivery marks a significant milestone in the ongoing partnership between Leonardo DRS and the U.S. Navy, reaffirming the company’s commitment to supporting global naval operations with advanced, reliable and secure communication technologies,” said Cari Ossenfort, senior vice president and general manager of the Leonardo DRS Naval Electronics business unit. “We are proud to continue to answer the call by fielding modern network communications supporting our warfighters today and into the future.”

Leonardo DRS has been a key supplier for the U.S. Navy Cruiser and Destroyer Aegis Modernization program providing mission-critical, tactical communications systems supporting command and control operations on the ships. It is another example of the company’s deep experience as a leader in complex design and manufacturing supporting a wide range of missions and capabilities. Leonardo DRS’s abilities extend across all domains to support naval, ground, air, space, and cyber missions in areas of sensing, force protection, computer networking, as well as naval power and propulsion systems.

About Leonardo DRS

Headquartered in Arlington, VA, Leonardo DRS, Inc. is an innovative and agile provider of advanced defense technology to U.S. national security customers and allies around the world. We specialize in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other leading mission-critical technologies. Our innovative people are leading the way in developing disruptive technologies for autonomous, dynamic, interconnected, and multi-domain capabilities to defend against new and emerging threats. For more information and to learn more about our full range of capabilities, visit www.LeonardoDRS.com.

Forward-Looking Statements

This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.

Contacts

Leonardo DRS Investor Relations Contacts

Steve Vather

Senior Vice President, Investor Relations and Corporate Finance

+1 703 409 2906

stephen.vather@drs.com

Leonardo DRS Media Contact

Michael Mount

Vice President, Communications and Public Affairs

+1 571 447 4624

mmount@drs.com

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.40
+3.99 (1.63%)
AAPL  269.43
+0.96 (0.36%)
AMD  243.98
+10.44 (4.47%)
BAC  53.42
+0.22 (0.41%)
GOOG  290.59
+10.89 (3.89%)
META  631.76
+10.05 (1.62%)
MSFT  506.00
+9.18 (1.85%)
NVDA  199.05
+10.90 (5.79%)
ORCL  240.83
+1.57 (0.66%)
TSLA  445.23
+15.71 (3.66%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.