ARLINGTON, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has been awarded a 10-year prime contract under NASA’s Solutions for Enterprise-Wide Procurement (SEWP) VI Program. The government-wide acquisition contract (GWAC) vehicle gives federal agencies a proven and streamlined path to rapidly procure approved Leonardo DRS products and services through 2036.

NASA administers the government-wide SEWP acquisition contract. The award extends DRS's role as a SEWP prime contractor, a position the company has held since 2015. The DRS award covers a broad range of the company’s products and services. DRS currently lists 368 contract line items representing vetted approved products, parts and services from multiple business units in its SEWP V catalog. These offerings are expected to transition to the SEWP VI contract, subject to final program requirements.

Recent task orders have supported the U.S. Army, Navy, Air Force, Army Communications-Electronics Command, the Defense Logistics Agency (DLA) and Foreign Military Sales (FMS). Government agencies have already procured more than $110 million in DRS products and services through SEWP V. NASA documented an “Excellent” performance rating for DRS in January 2026.

DRS is not a traditional reseller. DRS focuses on providing its own products directly to US Government customers via SEWP, complemented by commercial off-the-shelf offerings available through teaming relationships with stocking distributors. The ten-year SEWP VI ordering period opens Nov. 1, 2026, through October 31, 2036. All SEWP VI awards are indefinite-delivery/indefinite-quantity contracts with the ability to issue firm-fixed-price, labor-hour, time-and-materials and other pricing-arrangement task orders. The current SEWP V contract will continue to be administered through April 30, 2027.

"This award recognizes a decade of proven performance, and directly benefits to our current and future customers," said Denny Crumley, senior vice president and general manager of the DRS Land Electronics business unit. "In today's dynamic environment, our customers need more contracting options and faster paths to buy and field trusted capability. This award preserves a rapid, low-cost procurement path for the next decade. We are proud of the team that earned it and DRS is committed to delivering for every customer who uses it."

The SEWP contract provides streamlined access to commercial products and services, including hardware, software, cloud services, cybersecurity tools, engineering and consulting services, and data-intensive mission support. SEWP VI areas of focus include: information technology, computing, software, navigation, communications and power technologies. The program also introduces stand-alone services, giving agencies greater flexibility to acquire solutions that address mission and program requirements.

About Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing transformative defense technologies using its proven agility and delivering innovative solutions for U.S. national security customers and allies worldwide. We specialize in rapidly providing high-performance, multi-domain capabilities across next-generation advanced sensing, network computing, force protection, and electric power and propulsion. Our reputation as a trusted provider is built on a continuous focus on practical innovation, delivering quality, and meeting our customers’ most demanding mission requirements. For further information on our complete range of capabilities, visit www.LeonardoDRS.com.

Forward-Looking Statements

This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.

DRS Investor Relations Contact
Camilla Yanushevsky
Director, Investor Relations
+1 571 309 8216
investorrelations@drs.com

DRS Media Contact
Charles Jones
Director, Marketing and Corporate Communications
+1 571-737-8800
charles.jones@drs.com