Leonardo DRS, Inc. (DRS)
| Market Cap | 10.69B |
| Revenue (ttm) | 3.65B |
| Net Income (ttm) | 278.00M |
| Shares Out | 265.97M |
| EPS (ttm) | 1.03 |
| PE Ratio | 39.01 |
| Forward PE | 32.02 |
| Dividend | $0.36 (0.90%) |
| Ex-Dividend Date | Mar 10, 2026 |
| Volume | 1,125,167 |
| Open | 40.92 |
| Previous Close | 40.72 |
| Day's Range | 39.66 - 40.92 |
| 52-Week Range | 32.43 - 49.31 |
| Beta | 0.26 |
| Analysts | Strong Buy |
| Price Target | 49.33 (+22.77%) |
| Earnings Date | May 5, 2026 |
About DRS
Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services worldwide. It operates through Advanced Sensing and Computing and Integrated Mission Systems segments. The Advanced Sensing and Computing segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced... [Read more]
Financial Performance
In 2025, Leonardo DRS's revenue was $3.65 billion, an increase of 12.80% compared to the previous year's $3.23 billion. Earnings were $278.00 million, an increase of 30.52%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price target is $49.33, which is an increase of 22.77% from the latest price.
News
U.S. Air Force To Fly B-1B Lancer And B-2 Spirit Well Into Late 2030s
The United States Air Force has no plans to retire its remaining fleet of Boeing B-52 Stratofortress bombers for at least a couple more decades, and the old "BUFFs" as they are known, will be in servi...
Leonardo DRS Introduces Rugged 2kVA UPS for Mission-Critical Power Protection in Harsh Shipboard Environments
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it is introducing a new 2 kVA AC Uninterruptible Power Supply (UPS) in the company's uninterruptible power supply fami...
Leonardo DRS Launches New Maritime Counter-UAS Capability to Defeat Aerial Unmanned Threats at Sea
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it has successfully integrated its Maritime Mission Equipment Package (M-MEP) on an autonomous unmanned surface vessel...
Leonardo DRS Schedules First Quarter 2026 Earnings Conference Call for May 5, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, May 5, 2026 beginning at 10:00 a.m. (ET) to discuss its first quarter 2026 results. The c...
Leonardo DRS Introduces THOR, Delivering Decisive Edge Computing Power to the Modern Battlefield
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the introduction of THOR - Tactical, High-Performance Embedded Computing, Open Architecture, Rugged - a rugged, open-a...
Leonardo DRS Selected to Support Department of War for Rapid Fielding of Emerging Technologies
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V (ATSP5) to su...
Element U.S. Space & Defense and Leonardo DRS Strike Strategic Agreement to Expand Critical EMI Testing Capabilities for U.S. Navy Systems
BELCAMP, Md. & MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- #EUSSD--Element U.S. Space & Defense (EUSSD), a trusted leader in advanced defense testing and engineering services, is proud to announce an exc...
Leonardo DRS Announces Appointment of Reuben Jeffery III to Board of Directors
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 20...
Leonardo DRS Earnings Call Transcript: Q4 2025
Delivered record bookings, 13% organic revenue growth, and 19% free cash flow growth in 2025, with strong demand across tactical radars, infrared sensing, and naval power. 2026 guidance calls for 6–8% revenue growth and margin expansion, supported by robust backlog and increased investment in capacity and innovation.
Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the fourth quarter and full year ended Dece...
Leonardo DRS Awarded Contracts for the Missile Defense Agency SHIELD IDIQ
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it was awarded multiple contracts for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered...
Leonardo DRS to Provide Advanced Space-Based Infrared Sensor Payload for Missile Defense Program
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it was awarded a subcontract to provide Infrared Mission Payloads in support of the Space Development Agency's (S...
Leonardo DRS Opens Advanced Naval Power and Propulsion Facility in Charleston, South Carolina
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) today announced the official opening of its new, state-of-the-art naval power and propulsion manufacturing and testing facility in the...
Axon Vision Receives Order from Leonardo DRS for AI-Driven C-UAS systems
TEL AVIV, Israel, Jan. 12, 2026 /PRNewswire/ -- Axon Vision (TASE: AXN), a leading provider of AI-powered solutions for defense applications, announced today that it has received an order from Leonard...
Leonardo DRS Schedules Fourth Quarter 2025 and Full Year 2025 Earnings Conference Call for February 24, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, February 24, 2026 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2025 and ful...
Leonardo DRS Names Sally Wallace as Chief Operating Officer
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been wit...
John Baylouny Takes Reins as CEO of Leonardo DRS
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that John Baylouny has officially assumed the role of President and Chief Executive Officer, effective January 1, 2026...
Leonardo DRS Achieves Major Milestone with First Space-Based Test of Next-Generation Secure Data Transport Capability
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful first on-orbit test of its revolutionary multi-channel software-defined radio (SDR) with integrated adv...
Axon Vision Announce Strategic Cooperation Agreement with Leonardo DRS to Deliver AI-Enhanced Counter-UAS Solutions for U.S. Market
TEL AVIV, Israel , Dec. 3, 2025 /PRNewswire/ -- Axon Vision (TASE: AXN) announced today a strategic cooperation agreement with Leonardo DRS to pursue opportunities in advanced situational awareness, l...
Leonardo DRS and Chaiseri Defense Strengthen Partnership with New Battle Management System Contract to Support Royal Thai Army
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a contract from Chaiseri Defense Systems to provide its advanced Battle Management System (BMS) and...
Leonardo DRS Signs Agreement with Australian Heavy Engineering Company with Intent to Advance Global Maritime Defense Projects
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) and Hofmann Engineering Pty. Ltd. today announced their intent to form a strategic partnership to examine opportunities for the joint ...
Leonardo DRS Earnings Call Transcript: Q3 2025
Q3 delivered robust revenue and profit growth, record backlog, and strong bookings, especially in Counter-UAS and electric power/propulsion. Guidance was raised for 2025, with continued investment in R&D and strategic M&A. CEO transition and supply chain actions were also highlighted.
Leonardo DRS Announces Board and CEO Transition
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the co...
Leonardo DRS Announces Financial Results for Third Quarter 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended Septemb...
Leonardo DRS Awarded Contract to Develop Advanced Vehicle-Based Power Generation Capability for U.S. Army
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract by the U.S. Army to develop prototype Vehicle Integrated Power Kits (VIPKs) to support ...