It's ok ... for low ranks but not good for mid to high ranks. But the stats need a LOT of work. Mainly your modules. With all due respect, I would do this, if it was me (and it might be in about a week due to drops)
If you really want, you can substitute an iron plate for a heat engine, but I wouldn't. I don't think iron plates are enough hit points to be worth it for the arena or the campaign. But feel free to disagree with me.
I had no clue what your drone is, so I guessed with Nemo.
But if you get a platinum plate, I would substitute one of those for one of your heat engines.