Leonardo DRS, Inc. (DRS)
| Market Cap | 10.78B |
| Revenue (ttm) | 3.42B |
| Net Income (ttm) | 250.00M |
| Shares Out | 266.12M |
| EPS (ttm) | 0.94 |
| PE Ratio | 43.14 |
| Forward PE | 36.06 |
| Dividend | $0.36 (0.89%) |
| Ex-Dividend Date | Aug 20, 2025 |
| Volume | 597,121 |
| Open | 40.90 |
| Previous Close | 40.53 |
| Day's Range | 40.41 - 40.90 |
| 52-Week Range | 27.87 - 49.31 |
| Beta | 0.27 |
| Analysts | Strong Buy |
| Price Target | 46.43 (+14.61%) |
| Earnings Date | Oct 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]
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 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.
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 ...
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....
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...
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...
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...
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/ -- ...
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...
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...
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...
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...
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...
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...
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. ...
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...
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...
Leonardo DRS, Inc. (DRS) Q1 2025 Earnings Call Transcript
Leonardo DRS, Inc. (DRS) Q1 2025 Earnings Call Transcript
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...
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 ...
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...
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...
