Leonardo DRS Inc

Leonardo DRS, Inc. engages in the provision of defense products and technologies. It develops and manufactures defense products for the U.S. military, intelligence agencies and allies around the world. Its broad technology portfolio focuses on advanced sensing, network computing, force protection, and electrical power and propulsion, as well as a range of key defense priorities. The company operates through two segments: Advanced Sensors & Computing, and Integrated Mission Systems. The Advanced Sensors & Computing segment has been aligned to push towards a more autonomous future. It consists of six business units, which include Airborne & Intelligence Systems, Daylight Solutions, DRS RADA Technologies, Electro-Optical & Infrared Systems, Land Electronics, and Naval Electronics. The Integrated Mission Systems segment consists of both a ground vehicle integrator and naval power and propulsion system provider. Leonardo DRS was founded by Leonard Newman and David E. Gross in 1969 and is headquartered in Arlington, VA.

Earnings data Q4 2022

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Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Leonardo DRS Inc (DRS) reports robust Q4 performance and outlines growth strategies for 2023

Leonardo DRS Inc (DRS) showcases resilience and growth potential amidst operational achievements and financial strength.
Strategic initiatives, solid financial results, and a clear guidance for 2023 position DRS for sustained success in the defense industry.
Despite challenges and uncertainties, DRS's focus on innovation, customer diversification, and operational excellence bode well for its future growth.

Leonardo DRS Inc (DRS) beats Q1 expectations, eyes future growth

Leonardo DRS Inc (DRS) delivered strong Q1 results, surpassing expectations and demonstrating resilience in a challenging environment. While facing financial declines, the company remains optimistic about future growth prospects, emphasizing confidence in meeting full-year guidance and strategic positioning for success.

Leonardo DRS Inc (DRS) reports robust Q2 performance and optimistic outlook

Leonardo DRS Inc (DRS) delivered strong Q2 results, showcasing growth in revenues, bookings, and backlog. Despite challenges like supply chain issues and inflation, the company remains optimistic about future performance. With a focus on defense budget increases and program successes, DRS is poised for continued growth and success.

Leonardo DRS Inc reports robust Q3 performance and anticipates growth

Leonardo DRS Inc's Q3 performance showed strong revenue growth and backlog increase, with a focus on operational efficiency and cash generation. Challenges in the supply chain persist, but opportunities for growth and margin expansion are anticipated.

Leonardo DRS Inc (DRS) posts strong Q4 results, eyes international growth

Leonardo DRS Inc (DRS) delivered a solid performance in Q4 2023, showcasing revenue growth, strong EBITDA, and a healthy backlog. The company's focus on innovation and international markets positions it well for future growth, despite potential challenges in program margins and M&A.

Leonardo DRS Inc posts stellar Q1 results, eyes growth opportunities

Leonardo DRS Inc delivered strong financial results, showcasing robust revenue growth, margin expansion, and increased profitability.
The company's strategic focus on force protection and customer-driven outcomes positions them well for sustained growth and market leadership.
While facing challenges in working capital management and market dynamics, Leonardo DRS Inc remains optimistic about their future prospects and growth trajectory.

Leonardo DRS Inc (DRS) posts stellar Q2 results and eyes future growth opportunities

Leonardo DRS Inc (DRS) reported strong Q2 2024 results, showcasing robust financial performance and strategic achievements.
The company's focus on operational efficiency, revenue growth, and margin expansion positions it well for future success.
DRS's ability to secure significant contracts, expand facilities, and drive cash flow generation underscores its resilience and growth potential.

Leonardo DRS Inc (DRS) posts robust Q3 results and eyes growth opportunities

Leonardo DRS Inc (DRS) reported strong Q3 2024 performance with notable revenue and earnings growth, driven by key technology demand.
The company's strategic acquisitions, innovation showcases, and financial strength position it well for future growth and market leadership.
While challenges like market competition and operational complexities exist, DRS has opportunities to leverage its strengths for sustained success.

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ARLINGTON, Va.--( BUSINESS WIRE )--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it was awarded a contract to provide additional counter unmanned aircraft system (C-UAS) platforms in support of U.S. Army's Integrated Fires/Rapid Capabilities Office's on-going Mobile-Low, Slow, Small Unmanned Aircraft System Integrated Defeat System (M-LIDS) program.

U.S. Army Taps Leonardo DRS to Provide Additional M-LIDS Counter-UAS Platforms

Leonardo DRS, Inc. (DRS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Leonardo DRS, Inc. (DRS) Soars 5.4%: Is Further Upside Left in the Stock?

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ARLINGTON, Va.--( BUSINESS WIRE )--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the appointment of Dr. Louis Reginald “Reggie” Brothers to the company's Board of Directors. His appointment will be effective on January 1, 2023.

Leonardo DRS Announces Appointment of Dr. Reginald Brothers to Board of Directors

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Why Leonardo DRS Stock Climbed This Week

ARLINGTON, Va.--( BUSINESS WIRE )--Leonardo DRS, Inc. (“DRS”) announced today the appointment of Eric C. Salzman to the company's Board of Directors. His appointment was effective on November 28, 2022.

Leonardo DRS Announces Appointment of Eric C. Salzman to Board of Directors

News for Leonardo DRS Inc Stock (DRS)