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In recent weeks, Leonardo DRS, Inc. announced a series of defense wins, including a contract with Doosan Enerbility to supply integrated electric propulsion systems for the Republic of Korea Navy’s KDDX destroyer program, alongside US$96.00 million in MK 41 Vertical Launching System electronics awards and a US$39.60 million Joint Tactical Terminal Transceiver contract for the EA-18G Growler. Together, these naval propulsion, missile-launch electronics, and resilient communications contracts...
Leonardo DRS, Inc. (NASDAQ:DRS) announced September 17 that it had signed a contract with Doosan Enerbility to supply electric propulsion for South Korea’s KDDX destroyer program. The award covers propulsion motors and the electronic drives that control them. The broader program is expected to include at least six destroyers. That creates a potential market for […]
NuScale Power (NYSE:SMR) said it is preparing for commercial deployment of its small modular reactor technology, citing regulatory approvals, supplier agreements, fuel readiness and a strengthened liquidity position as demand rises for carbon-free power from data centers, industrial users and utilit
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