Speech-aware language models (LMs) have demonstrated capabilities in understanding spoken language while generating text-based responses. However, enabling them to produce speech output efficiently and effectively remains a challenge. In this paper, we present Phi-Omni-ST, a multimodal LM for direct speech-to-speech translation (ST), built on the open-source Phi-4 MM model. Phi-Omni-ST extends its predecessor by generating translated speech using an audio transformer head that predicts audio tokens with a delay relative to text tokens, followed by a streaming vocoder for waveform synthesis. Our experimental results on the CVSS-C dataset demonstrate Phi-Omni-ST's superior performance, significantly surpassing existing baseline models trained on the same dataset. Furthermore, when we scale up the training data and the model size, Phi-Omni-ST reaches on-par performance with the current SOTA model.