Leonardo DRS, Inc. (DRS)

NASDAQ: DRS · Real-Time Price · USD
40.51
-0.02 (-0.05%)
At close: Oct 24, 2025, 4:00 PM EDT
40.50
-0.01 (-0.02%)
After-hours: Oct 24, 2025, 7:47 PM EDT
-0.05%
Market Cap10.78B
Revenue (ttm)3.42B
Net Income (ttm)250.00M
Shares Out 266.12M
EPS (ttm)0.94
PE Ratio43.14
Forward PE36.06
Dividend$0.36 (0.89%)
Ex-Dividend DateAug 20, 2025
Volume597,121
Open40.90
Previous Close40.53
Day's Range40.41 - 40.90
52-Week Range27.87 - 49.31
Beta0.27
AnalystsStrong Buy
Price Target46.43 (+14.61%)
Earnings DateOct 29, 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]

Founded 1969
Employees 7,000
Stock Exchange NASDAQ
Ticker Symbol DRS
Full Company Profile

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 Statements

Analyst Summary

According to 7 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price target is $46.43, which is an increase of 14.61% from the latest price.

Price Target
$46.43
(14.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

11 days ago - Business Wire

Buy these stocks, analyst says, as Pentagon urges missile suppliers to increase production

The Pentagon reportedly wants to its missile suppliers to double or even quadruple production.

Other symbols: BALHXLMTRTXGEHEIHWM
11 days ago - Market Watch

Leonardo DRS and KNDS Sign Strategic Teaming Agreement to Offer High-Performance Self-Propelled Howitzer to U.S. Army

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS and KNDS announced today that they have entered into a strategic teaming agreement to offer a high-performance, self-propelled howitzer system to the U.S....

12 days ago - Business Wire

Leonardo DRS Unveils SAGEcore™ Ruggedized AI Software Platform for Real-time Threat Detection and Decision Support at the Tactical Edge

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the launch of SAGEcore™, an integrated software platform that brings artificial intelligence, advanced sensors and edg...

13 days ago - Business Wire

Leonardo DRS Marks Seventh Year of “Going Pink” at AUSA to Support Military Families Facing Breast Cancer

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today it will mark its seventh year of supporting the “Stick It to Cancer” fundraiser at the 2025 AUSA Annual Meeting & Expo...

15 days ago - Business Wire

Leonardo DRS Wins First Place in DoD Counter-UAS Competition, Reinforcing Leadership in Air Defense Capabilities for the U.S. Military

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it won first place in a Department of Defense counter drone competition by demonstrating an advanced electronic w...

16 days ago - Business Wire

Hoverfly Technologies Secures $20 Million Series B Investment to Accelerate Growth and Strengthen U.S. Drone Capabilities

The investment comes from existing production partner and leading defense technology company Leonardo DRS and new investor Korea Robot Manufacturing (KRM) SANFORD, Fla. , Oct. 8, 2025 /PRNewswire/ -- ...

17 days ago - PRNewsWire

Leonardo DRS Announces Time Change for its Third Quarter 2025 Earnings Conference Call

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) will now host a conference call on Wednesday, October 29, 2025 beginning at a revised time of 9:30 a.m. (ET) to discuss its third quar...

22 days ago - Business Wire

Leonardo DRS Schedules Third Quarter 2025 Earnings Conference Call for October 29, 2025

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, October 29, 2025 beginning at 10:00 a.m. (ET) to discuss its third quarter 2025 results...

27 days ago - Business Wire

Leonardo DRS: Defense Innovator Positioned For Growth, Amid U.S. And NATO Spending Surge

Leonardo DRS is well-positioned to benefit from significant increases in US and European defense spending, especially with new FY26 US defense budget allocations. The company's niche expertise in AI-d...

7 weeks ago - Seeking Alpha

Leonardo DRS Successfully Completes First Open-Water Demonstration of its Counter-UAS Maritime Mission Equipment Package for Small Uncrewed Surface Vessels

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that is has successfully completed its first series of open-water demonstrations of its advanced maritime Mission Equi...

2 months ago - Business Wire

Leonardo DRS, Inc. (DRS) Q2 2025 Earnings Call Transcript

Leonardo DRS, Inc. (NASDAQ:DRS) Q2 2025 Earnings Conference Call July 30, 2025 10:00 AM ET Executives Michael D. Dippold – Executive VP & CFO Stephen Vather – Vice President of Investor Relations & C...

3 months ago - Seeking Alpha

Leonardo DRS Announces Financial Results for Second Quarter 2025

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2025, which ended June 3...

3 months ago - Business Wire

Leonardo DRS Schedules Second Quarter 2025 Earnings Conference Call for July 30, 2025

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, July 30, 2025 beginning at 10:00 a.m. (ET) to discuss its second quarter 2025 results. ...

4 months ago - Business Wire

Leonardo DRS Awarded $41 Million Contract to Provide Combat Management System Hardware for U.S. and Allied Navies

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a $41 million contract from the Naval Sea Systems Command to continue delivering critical com...

4 months ago - Business Wire

Leonardo DRS Stock Surged 42% - Here's Why I'm Moving To Hold

Leonardo DRS delivered strong Q1 results, surpassing revenue and earnings guidance due to favorable material timing, suggesting a less backloaded earnings profile for FY2025. Sales grew 16% to $799 mi...

5 months ago - Seeking Alpha

Leonardo DRS, Inc. (DRS) Q1 2025 Earnings Call Transcript

Leonardo DRS, Inc. (DRS) Q1 2025 Earnings Call Transcript

6 months ago - Seeking Alpha

Leonardo DRS Announces Financial Results for First Quarter 2025

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2025, which ended March 3...

6 months ago - Business Wire

Leonardo DRS Schedules First Quarter 2025 Earnings Conference Call for May 1, 2025

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 2025 results. The ...

7 months ago - Business Wire

Leonardo DRS to Develop Prototype Next-Generation Weapons Control System for U.S. Army M109A7 Paladin

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a prototype project award by the U.S. Army to modernize the Paladin Electric Servo Amplifier (PES...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire