Would the coating be lead? To shield from the radiation?
No.
Depleted Uranium is actually slightly less radioactive than naturally occurring Uranium.
Naturally occurring Uranium composition is approximately:
U-238: 99.28% (Half life: approx. 4.5 billion years)
U-235: 0.72% (Half life: approx. 0.7 billion years)
U-234: 0.0057% (Half life: approx. 250,000 years)
For a basic review, "half life" is the amount of time it takes for 1/2 of a radioactive substance to decay away. This means the longer the half life, the less radioactive it is. A 4.5 billion year half life, while not indicative of a "stable" isotope, is pretty darn close for relative comparison purposes.
U-235, with a half life of about 700 million years, is therefore more radioactive than U-238.
Depleted Uranium used by the DoD is about 0.3% or less U-235. With about half, or less, U-235 than naturally occurring Uranium, DU is therefore less radioactive than naturally occurring Uranium.
Also...
U-235 and U-238 decay by Alpha emission, the least penetrating of the ionizing radiation forms.
What this means is their decay process releases an Alpha particle, which is nothing more than a Helium nucleus (2 protons and 2 neutrons). This is a highly charged (+2), large mass emission particle.
This decay process is very important in understanding the relative penetration characteristics of a given form of radiation emission. For the purpose of this discussion, those types of radiation are:
Alpha (a Helium nucleus: 2He4)
Beta (an electron: e-)
Neutron (a neutron: 0n1)
Gamma (a photon with no electric charge or mass)
The most penetrating radiations are gamma and neutron. Gamma, because it is a high energy penetrating photon with no mass; Neutron because it is a penetrating particle with no charge.
The least penetrating are Alpha, because it is a large, highly charged particle; Beta because it is a low mass, charged particle.
It is extremely easy to shield Alpha and Beta radiation. Your clothing and dead layers of skin will stop these forms of radiation.
Neutrons, with no electrical charge, require a lot of shielding with substances high in hydrogen, like water or poly (a form of plastic).
Gammas, with no mass, require a lot of shielding with high density materials, such as the classic example of Lead.
Of interest, Alphas are CAPABLE of causing far more biological damage than gamma radiation...but the fact that they are incapable of penetrating even the dead layer of skin on the body means they have no capacity to actually do so UNLESS you breathe or ingest it.
The danger of Alpha radiation, therefore, is not in its penetration abilities, but in internal contamination. In other words, it has no ability to penetrate even the dead layers of skin on your body, therefore it cannot reach your internal organs. However, if you ingest or breathe it, then it may now expose your internal organs, such as lungs or GI tract, to ionizing radiation damage.
So the coatings are primarily for ballistic performance characteristics and maybe to assist in minimizing the possibility of spread of contamination (which would be minimal for solid metal anyway), not for shielding.
OK, the geeky nuclear engineer lesson is over!
Any questions?