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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

Benzinga·10/14/2026 12:01:39
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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 Task Force 401 (JIATF-401). The award positions DRS to support JIATF-401 mission needs through the rapid fielding of operationally relevant capabilities.

The JIATF-401 IDIQ is designed to increase speed and agility in delivering vetted Counter UAS (C-UAS) technologies and systems to operators. Under this contract, DRS will be eligible to compete for task orders that enable the rapid delivery of integrated C-UAS sensing capabilities supporting force protection and low-altitude air defense missions.