Leonardo DRS awarded a 10‑year NASA SEWP VI contract worth $110 million
Leonardo DRS announced that NASA has selected the company for a new ten‑year prime contract under the SEWP VI government‑wide acquisition vehicle. The award, valued at $110 million, will let federal agencies purchase DRS’s 368 listed products and services from November 1 2026 through October 31 2036. The company has been a SEWP prime contractor since 2015 and the contract continues its role supporting defense and national‑security missions.
Why it matters
The contract provides a guaranteed procurement channel for DRS, potentially stabilising future revenue streams through indefinite‑delivery/indefinite‑quantity task orders. Investors can expect the company to retain its federal customer base and benefit from any upcoming task orders issued under the SEWP VI vehicle.
Key facts
- 1NASA awarded Leonardo DRS a ten‑year prime contract under the SEWP VI program. stocktitan.net
- 2The contract value is $110 million. stocktitan.net
- 3The ordering period runs from November 1 2026 to October 31 2036. stocktitan.net
- 4Leonardo DRS lists 368 contract line items in its SEWP V catalog that will transition to SEWP VI. stocktitan.net
- 5Federal agencies have already purchased more than $110 million of DRS products and services through SEWP V. investing.com
- 6The company has held a SEWP prime contractor position since 2015. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.