The company recorded high order rates in the quarter and a backlog of more than $14bn.

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The company has already signed the contracts for the EDOCC and ENGRT projects in December last year.

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Eaglet has been designed to support larger, more powerful sensors and payloads.

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This multi-million-dollar effort will involve participation from both nations’ companies, including France-based Nexter.

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The company expects 2023 sales to be in the range of $38bn to $38.4bn.

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The MBTs are being provided in response to Ukraine’s continuous requests for more tanks.

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The company-wide backlog was $91.1bn and the total estimated contract value was $127.7bn at the end of the year.

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The company unveiled realignment plans for its business units in 2023.

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The company’s backlog increased by 11% to $150bn, compared to Q4 2021.

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The milestone signifies that DEIMOS can meet the requirements of the US Army’s modernisation strategy.

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