Leonardo DRS Signs Agreement with Australian Heavy Engineering Company with Intent to Advance Global Maritime Defense Projects

Core Insights - Leonardo DRS, Inc. and Hofmann Engineering Pty. Ltd. are forming a strategic partnership to explore opportunities in advanced allied navy propulsion needs and to enhance U.S. Navy ship and submarine production capacity [1] Company Overview - The collaboration is based on a recently signed Memorandum of Understanding, leveraging Leonardo DRS' extensive experience in design and development [1]