financetom
Business
financetom
/
Business
/
Leonardo DRS Gets $16.9 Million Project From US Army
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Leonardo DRS Gets $16.9 Million Project From US Army
Mar 26, 2025 2:23 PM

05:10 PM EDT, 03/26/2025 (MT Newswires) -- Leonardo DRS ( DRS ) said Wednesday it secured a $16.9 million prototype project award from the US Army to upgrade the Paladin Electric Servo Amplifier electric weapon control system for the M109A7 Paladin self-propelled howitzer.

Leonardo said it will design a prototype with current electrical technology to enhance the producibility and maintainability of the line-replaceable units, allowing continued operation of the vehicle with no degradation to current capabilities.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Youxin Technology Prices Initial Public Offering
Youxin Technology Prices Initial Public Offering
Dec 20, 2024
04:25 AM EST, 12/20/2024 (MT Newswires) -- Youxin Technology ( YAAS ) said late Thursday it priced its initial public offering of 2.3 million class A ordinary shares at $4.50 per share for expected gross proceeds of about $10.4 million. The company said its shares have been approved for listing on the Nasdaq Capital Market and are set to begin...
Euronet Worldwide Launches YouChoose Gaming Gift Card in the UK
Euronet Worldwide Launches YouChoose Gaming Gift Card in the UK
Dec 20, 2024
04:20 AM EST, 12/20/2024 (MT Newswires) -- Euronet Worldwide ( EEFT ) said Friday that its digital payments division, epay, has launched its first multi-brand gaming gift card in the UK, called the YouChoose Gaming Card. The company said the card is now available in physical and digital formats at major retailers, including Currys, The Original Factory Shop, WHSmith, and...
Rezolve AI Signs Agreement to Sell $15 Million of Shares, Warrants
Rezolve AI Signs Agreement to Sell $15 Million of Shares, Warrants
Dec 20, 2024
04:15 AM EST, 12/20/2024 (MT Newswires) -- Rezolve AI ( RZLV ) said late Thursday it agreed to sell 5 million shares and warrants in a registered offering, targeting gross proceeds of about $15 million. The exercise price of warrants to purchase up to 5 million shares is $3 per share. The offering will likely close on or about Dec....
VW and union getting closer to deal, sources say
VW and union getting closer to deal, sources say
Dec 20, 2024
BERLIN (Reuters) -Volkswagen is getting closer to a deal with labour leaders in the company's longest negotiations over pay and jobs, sources told Reuters on Friday, as Europe's largest carmaker tries to push through cost cuts and avert mass strikes. Volkswagen has been in talks with labour representatives since September over measures it says are necessary for it to compete...
Copyright 2023-2026 - www.financetom.com All Rights Reserved