Leonardo DRS, Inc. has been awarded contracts valued at over $3 billion, when fully funded, to provide integrated electric propulsion system products for the U.S. Navy's Columbia-class submarines. This contract solidifies DRS's position through shipset 12 for the Columbia-class program. This award was previously announced on the DRS 2023 quarter earnings call.

Leonardo DRS was chosen by General Dynamics Electric Boat and the U.S. Navy to design and manufacture the permanent magnet main propulsion electric motor, the propulsion motor drives, switchgear, and the propulsion controls - the heart of the Columbia Electric Drive Propulsion System. These are key components of the primary propulsion system of the next-generation ballistic missile submarine fleet. All prototype components of this system successfully completed full power endurance and other testing at the Navy's land-based test facility.

The Columbia-class submarine is a new class of ballistic missile submarines and is a top priority for the U.S.avy. They are designed to replace the fleet of Ohio-class submarines. At 560 feet long with displacement of nearly 21,000 tons, the Columbia-class submarines will be the largest ever built by the United States.

The integrated electric propulsion components will be manufactured in the DRS facilities in Fitchburg, Massachusetts, Menomonee Falls, Wisconsin, Danbury, Connecticut, and High Ridge, Missouri.