Leonardo DRS, Inc. (DRS)
| Market Cap | 10.05B -1.7% |
| Revenue (ttm) | 3.89B +8.9% |
| Net Income | 365.00M +37.7% |
| EPS | 1.36 +37.5% |
| Shares Out | 266.62M |
| PE Ratio | 27.71 |
| Forward PE | 25.63 |
| Dividend | $0.36 (0.96%) |
| Ex-Dividend Date | Nov 12, 2026 |
| Volume | 3,054,365 |
| Open | 39.11 |
| Previous Close | 39.64 |
| Day's Range | 37.09 - 39.44 |
| 52-Week Range | 32.43 - 50.59 |
| Beta | 0.16 |
| Analysts | Strong Buy |
| Price Target | 52.25 (+38.67%) |
| Earnings Date | Oct 29, 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 Summary
According to 12 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price target is $52.25, which is an increase of 38.67% from the latest price.
News
Leonardo DRS Earnings Call Transcript: Q3 2026
Q3 revenue rose 11% and bookings topped $1.6B, lifting funded backlog to $5.6B. Strong margins and cash flow drove higher FY 2026 guidance, while counter-drone, radar and naval wins underpin growth prospects.
Leonardo DRS Earnings release: Q3 2026
Leonardo DRS released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Leonardo DRS Slides: Q3 2026
Leonardo DRS has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Leonardo DRS Quarterly report: Q3 2026
Leonardo DRS has published its Q3 2026 quarterly earnings report on October 29, 2026.
Leonardo DRS raises FY26 adjusted EPS view to $1.50-$1.53 from $1.34-$1.39
Consensus $1.39. Raises FY26 revenue view to $3.95B-$3.99B from $3.9B-$3.98B, consensus $3.95B. Raises FY26 adjusted EBITDA view to $545M-$555M from $525M-$540M.
Leonardo DRS reports Q3 adjusted EPS 46c, consensus 35c
Reports Q3 revenue $1.07B, consensus $1.03B. “Leonardo DRS (DRS) delivered a strong third quarter, with 11% organic revenue growth and profitability growing even faster. Bookings exceeded $1.6 billion...
Leonardo DRS Announces Financial Results for Third Quarter 2026
ARLINGTON, Va., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2026, wh...
Leonardo DRS initiated with an Outperform at Oppenheimer
Oppenheimer initiated coverage of Leonardo DRS (DRS) with an Outperform rating and $45 price target implying about 29% upside potential. DRS combines the revenue visibility and profitability of a matu...
Leonardo DRS price target lowered to $44 from $47 at Morgan Stanley
Morgan Stanley analyst Justin Lang lowered the firm’s price target on Leonardo DRS (DRS) to $44 from $47 and keeps an Equal Weight rating on the shares. Despite softer sentiment,…
Leonardo DRS awarded 10-year prime NASA contract
Leonardo DRS (DRS) has been awarded a 10-year prime contract under NASA’s Solutions for Enterprise-Wide Procurement, or SEWP, VI Program. The government-wide acquisition contract, or GWAC, vehicle giv...
Leonardo DRS Expands Federal Access to Mission-Critical Technologies Through NASA SEWP VI
ARLINGTON, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has been awarded a 10-year prime contract under NASA's Solutions for Enterprise-Wide Procurement (SEWP) VI Program.
Leonardo DRS awarded $500M Joint Interagency Task Force 401 contract
Leonardo DRS (DRS) announced that it has been awarded a $500M ceiling indefinite-delivery/indefinite-quantity, or IDIQ, contract with three-year period of performance from the Joint Interagency Task F...
Leonardo DRS Awarded JIATF-401 IDIQ Contract to Accelerate Delivery of Tactical Expeditionary Sensing Capabilities for Critical Counter UAS Mission
ARLINGTON, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded a $500 million ceiling indefinite-delivery/indefinite-quantity (IDIQ) contra...
Leonardo DRS awarded Army contract to support DUTCH initiative
Leonardo DRS (DRS) announced that it has been awarded a contract by the U.S. Army Combat Capabilities Development Command, or DEVCOM, C5ISR Center to support the Delivering Unmatched Thermal Capabilit...
Leonardo DRS Selected to Advance Next-Generation Uncooled Thermal Infrared Sensing for U.S. Army DUTCH Initiative
Company will demonstrate high-definition, high-frame-rate thermal camera cores designed for a broad range of critical defense applications Company will demonstrate high-definition, high-frame-rate the...
Leonardo DRS receives $63M Army production order
Leonardo DRS (DRS) announced that it has received a $63M production order from the U.S. Army for its next-generation Family of Weapon Sights – Individual, or FWS-I, thermal weapon sight…
Leonardo DRS Strengthens Dismounted Soldier Modernization With $63 Million FWS-I Production Order
ARLINGTON, Va., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has received a $63 million production order from the U.S. Army for its next-generation Family...
Leonardo DRS CEO John Baylouny Receives AUSA John W. Dixon Award
ARLINGTON, Va., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that John Baylouny, the company's president and chief executive officer, received the Association of ...
Leonardo DRS completes training, delivery for INOD Block III to Australian Army
Leonardo DRS (DRS) has completed final training and delivery for the Improved Night/Day Observation Device, or INOD, Block III thermal weapon sights provided to the Australian Army under the LAND…
Leonardo DRS Completes Training and Delivery of INOD Block III Thermal Weapon Sights for the Australian Army
ARLINGTON, Va., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has completed final training and delivery for the Improved Night/Day Observation Device (INOD) Block III thermal weap...
Leonardo DRS Establishes UK Subsidiary and Launches Local Capabilities for its Tactical Radars including Full Manufacturing
ARLINGTON, Va., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced the establishment of DRS UK, a new subsidiary created to support the company's business in the United Kingd...
Leonardo DRS Schedules Third Quarter 2026 Earnings Conference Call for October 29, 2026
ARLINGTON, Va., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, October 29, 2026 beginning at 10:00 a.m.
Leonardo DRS to provide electric propulsion system for Republic of Korea Navy
Leonardo DRS (DRS) announced that it has entered into a contract with Doosan Enerbility to provide the electric propulsion system for the Republic of Korea Navy’s KDDX destroyer program, the…
Leonardo DRS to Provide Electric Propulsion System for the Republic of Korea Navy Next-Generation KDDX Destroyer Program
ARLINGTON, Va., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has entered into a contract with Doosan Enerbility to provide the electric propulsion system...
Guggenheim starts Leonardo DRS with a Buy, sees 42% upside
As previously reported, Guggenheim initiated coverage of Leonardo DRS (DRS) with a Buy rating and $51 price target which represents 42% upside potential. The company’s product portfolio, which is prov...