It is a dully-colored helmet with a pair of goggles located on the brim of the helmet, along with a card on the right side. It has a very rough "mass produced" look to it, as it is issued to all NCR soldiers and MPs.
The DT even at max condition is quite low. This is due to the fact that steel helmets were not meant to be bullet proof, rather to protect from flying shrapnel and debris. The helmets would be quite useful while inside old buildings, as they would protect from falling chunks of building material, and the brim would be useful outside, to protect from the sun.
The helmet appears to be made of metal, judging by the sound it makes when dropped. They are most likely made en masse out of melted down scrap metal, and pressed into shape.
The following is based on unverified behind the scenes information and has not been confirmed by canon sources.
The helmet appears to be influenced by both the Brodie helmet, as used by most Americans and British commonwealths in World War 1, and wide-brimmed pith helmets, used before, during, and after the same time period.
End of information based on unverified behind the scenes information.