Leonardo DRS, Inc. (DRS)
| Market Cap | 9.11B |
| Revenue (ttm) | 3.23B |
| Net Income (ttm) | 213.00M |
| Shares Out | 265.16M |
| EPS (ttm) | 0.80 |
| PE Ratio | 42.93 |
| Forward PE | 32.30 |
| Dividend | $0.09 (0.26%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 527,734 |
| Open | 34.21 |
| Previous Close | 33.95 |
| Day's Range | 33.68 - 34.43 |
| 52-Week Range | 19.88 - 37.99 |
| Beta | 0.28 |
| Analysts | Buy |
| Price Target | 34.83 (+1.43%) |
| Earnings Date | Apr 30, 2025 |
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 ASC 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 detection, precision targe... [Read more]
Financial Performance
In 2024, Leonardo DRS's revenue was $3.23 billion, an increase of 14.44% compared to the previous year's $2.83 billion. Earnings were $213.00 million, an increase of 26.79%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for DRS stock is "Buy." The 12-month stock price forecast is $34.83, which is an increase of 1.43% from the latest price.
News
Leonardo DRS Launches Next-Generation A.I. Processor to Give Warfighters Greater Tactical Edge
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) today introduced its high-performance Artificial Intelligence Processor (AIP) latest computing system, designed to quickly deliver rea...
Leonardo DRS Celebrates Delivery of 100,000th Mission Critical Combat Computing System to the U.S. Army
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered its 100,000th mission command computing system, known as the Mounted Family of Computer Systems ...
Leonardo DRS Announces Successful Delivery of Next-Generation Voice Communication Systems for U.S. Navy Arleigh Burke DDG51-Class Destroyers
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the delivery of its first next-generation Integrated Voice Communication Systems (IVCS) in support of the U.S. Navy's ...
Leonardo DRS Quantum-Focused Laser Technology Receives Prestigious Award for Groundbreaking Innovation
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its cutting-edge Stretto® semiconductor laser technology has been honored with the prestigious SPIE Prism Award f...
Leonardo DRS Receives $45 Million U.S. Navy Investment Commitment to Bolster US Submarine Industrial Base
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a $45 million U.S. Navy Submarine Industrial Base (SIB) investment commitment through contracts w...
Leonardo DRS Is A Buy After Sell Off
Leonardo DRS Is A Buy After Sell Off
Leonardo DRS, Inc. (DRS) Q4 2024 Earnings Call Transcript
Leonardo DRS, Inc. (NASDAQ:DRS) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Steve Vather - Senior Vice President, Investor Relations and Corporate Finance Bill...
Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2024
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 Contract to Integrate Critical C4I Capabilities into New Royal Thailand Army Stryker Vehicles
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract to provide and integrate the latest Battle Management Systems (BMS) C4I hardware and so...
Leonardo DRS Awarded $99 Million Contract to Modernize U.S. Army's Mortar Fire Control System
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The f...
Leonardo DRS Schedules Fourth Quarter 2024 and Full Year 2024 Earnings Conference Call for February 20, 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and fu...
Leonardo DRS Recognized as a Subcontract Supplier of the Year by BAE Systems
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with two awards from BAE Systems for outstanding supplier performance and a commitment to ...
Leonardo DRS: Expect Its Fast, Profitable Growth To Continue
Leonardo DRS is rated a Strong Buy due to defense spending tailwinds, improving margins, and expected double-digit EPS growth in 2025 and 2026. The company specializes in advanced sensing, network com...
U.S. Navy Awards Leonardo DRS $235 Million Production Contract for AN/SPQ-9B Ship Protection Radar
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to produce ship-based air and surface target detection AN/SPQ-9B radars. Th...
Leonardo DRS, Inc. (DRS) Q3 2024 Earnings Call Transcript
Leonardo DRS, Inc. (NASDAQ:DRS) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Steve Vather - Senior Vice President, Investor Relations and Corporate Finance Bill ...
Leonardo DRS Announces Financial Results for Third Quarter 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2024, which ended Septemb...
Leonardo DRS Awarded Contract to Deliver Additional Mission Equipment Packages for New SGT Stout Maneuver Short-Range Air Defense Platforms
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide additional mission equipment packages...
Leonardo DRS Celebrates Six Years of Going Pink at AUSA to Raise Money for Military Women and Family Members Suffering From Breast Cancer
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its sixth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUS...
Leonardo DRS and BlueHalo Successfully Demonstrate New Counter-UAS Directed Energy Stryker, Shooting Down Drones in Live-Fire Engagement
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) and BlueHalo announced today the successful live-fire demonstration of a new Counter Unmanned Aircraft System (C-UAS) Directed Energy ...
Leonardo DRS Opens New Facility at Aberdeen Proving Ground
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has opened a new facility designed to enhance collaboration on current and future programs based at the U.S. A...
Leonardo DRS Schedules Third Quarter 2024 Earnings Conference Call for October 30, 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, October 30, 2024 beginning at 10:00 a.m. (ET) to discuss its third quarter 2024 results...
Leonardo DRS Delivers Critical C5I Capabilities for New Australian Army Combat Vehicles
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered, ahead of schedule, critical C5I capabilities for the Australian Army's Heavy Armoured Capabilit...
Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army....
Leonardo DRS Awarded $49 Million Contract for Additional Advanced Joint Assault Bridge Systems
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to build additional advanced Joint Assault Bridge systems for the U.S. Army and th...
Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its advanced Sniper Weapon Sights for U.S. Army snipers. The...