financetom
Business
financetom
/
Business
/
Leonardo DRS Wins US Army Contract to Develop Vehicle Power Kits
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Leonardo DRS Wins US Army Contract to Develop Vehicle Power Kits
Oct 14, 2025 1:44 PM

04:18 PM EDT, 10/14/2025 (MT Newswires) -- Leonardo DRS ( DRS ) said late Tuesday that it has received a US Army contract to develop prototype Vehicle Integrated Power Kits that deliver on-demand, exportable power from tactical vehicles to essential field systems.

The prototypes will utilize Leonardo DRS's ( DRS ) TITAN On-Board Vehicle Power system, capable of producing up to 120 kilowatts of electricity directly from a vehicle's drivetrain, the company said.

The system powers high-demand applications such as communications, radar, electronic warfare, and directed energy weapons without external power sources, it added.

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 >
Ventyx Biosciences Appoints Matthew Moore as Chief Operating Officer; Shares Rise
Ventyx Biosciences Appoints Matthew Moore as Chief Operating Officer; Shares Rise
May 16, 2024
11:23 AM EDT, 05/16/2024 (MT Newswires) -- Ventyx Biosciences ( VTYX ) said Thursday it has named Matthew Moore as chief operating officer. Moore most recently served as chief business officer of Arcutis Biotherapeutics (ARQT). Ventyx shares were up more than 16% in recent trading. Price: 4.88, Change: +0.69, Percent Change: +16.47 ...
IMF: U.S. should keep open trade, work with China to resolve disputes
IMF: U.S. should keep open trade, work with China to resolve disputes
May 16, 2024
WASHINGTON (Reuters) - The U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties on Chinese goods, the International Monetary Fund said on Thursday, adding that Washington and Beijing should work together to resolve their trade tensions. IMF spokesperson Julie Kozack told a regular news briefing that such trade restrictions as those announced...
Unisync Reports Modest Q2 Income Before Tax, Revenue Falls 10%
Unisync Reports Modest Q2 Income Before Tax, Revenue Falls 10%
May 16, 2024
11:15 AM EDT, 05/16/2024 (MT Newswires) -- Unisync Corp. ( USYNF ) said Thursday a it posted a fiscal second-quarter profit before tax, compared with a loss the prior year, even though revenue fell. The apparel company, which operates through two business units -- Unisync Group and 90%-owned Peerless Garments -- reported income before tax of $0.6 million in the...
Ampere Computing pairs with Qualcomm on AI, unveils new chip
Ampere Computing pairs with Qualcomm on AI, unveils new chip
May 16, 2024
(Reuters) - Ampere Computing on Thursday said it was pairing its chips with those from Qualcomm ( QCOM ) in a new offering aimed at lowering the power bills from operating artificial intelligence chips. Founded by Renee James, a former president of Intel ( INTC ), Ampere uses technology from Arm Holdings to make central processing chips that are used...
Copyright 2023-2026 - www.financetom.com All Rights Reserved