Leonardo DRS, Inc. (DRS) Monday said it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The firm fixed-price IDIQ contract is worth more than $99 million.
Under the contract, Leonardo DRS is responsible for the production and delivery of fire control systems and fielding services to support mortar Weapons and Fire Control programs.
The MFCS modernizes the U.S. Army's current mortar fire control capability, linking mortar fires with the digital battlefield. MFCS combines a highly accurate weapon pointing device, an inertial navigation/position system, and a digital communications capability embedded in a rugged fire control computer to create a highly responsive and accurate fire control system.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.