Leonardo DRS, Inc. (DRS)
| Market Cap | 10.13B -8.4% |
| Revenue (ttm) | 3.78B +10.5% |
| Net Income | 322.00M +28.8% |
| EPS | 1.19 +26.7% |
| Shares Out | 266.89M |
| PE Ratio | 31.89 |
| Forward PE | 28.55 |
| Dividend | $0.36 (0.95%) |
| Ex-Dividend Date | Aug 13, 2026 |
| Volume | 1,399,564 |
| Open | 37.47 |
| Previous Close | 37.19 |
| Day's Range | 37.28 - 38.25 |
| 52-Week Range | 32.43 - 50.59 |
| Beta | 0.14 |
| Analysts | Strong Buy |
| Price Target | 53.82 (+41.82%) |
| Earnings Date | Oct 28, 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 11 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price target is $53.82, which is an increase of 41.82% from the latest price.
News
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...
Leonardo DRS initiated with a Buy at Guggenheim
Guggenheim analyst Michael Ciarmoli initiated coverage of Leonardo DRS (DRS) with a Buy rating and $51 price target
Leonardo DRS awarded $39.6M Navy contract for JTT-X production
Leonardo DRS (DRS) announced that its Airborne and Intelligence Systems business unit has been awarded a $39.6M contract by Naval Air Systems Command for the production and delivery of Joint…
Leonardo DRS Extends Naval Aviation's Communications Edge With $39.6 Million JTT-X Production Award
ARLINGTON, Va., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that its Airborne and Intelligence Systems business unit has been awarded a $39.6 million contract b...
Leonardo DRS awarded $96M in Navy contracts
Leonardo DRS (DRS) announced that it has been awarded contracts totaling $96M to provide critical electronics hardware for the MK 41 Vertical Launching System. The MK 41 VLS is the…
Leonardo DRS Awarded $96 Million in Contracts to Provide Critical MK 41 Vertical Launching System Electronics Hardware
ARLINGTON, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded contracts totaling $96 million to provide critical electronics hardware for...
Leonardo DRS wins Space Force prototype award for next-generation sensors
Leonardo DRS (DRS) announced it has been awarded an Other Transaction Agreement contract for Prototype by the U.S. Space Force to advance next-generation technology designed to further strengthen U.S....
Leonardo DRS Selected by United States Space Force to Advance Technology in support of advanced Space Superiority Solutions
ARLINGTON, Va., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced it has been awarded an Other Transaction Agreement contract for Prototype by the U.S. Space Force to advan...
Leonardo DRS signs MOU with Space42
Space42 has signed a memorandum of understanding, or MoU, with Leonardo DRS (DRS). The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42’s secure satellite conne...
Space42 and Leonardo DRS Sign MoU to Advance Next-Generation National Security Mission Systems
ABU DHABI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DR...
Leonardo DRS Demonstrates Defeat of Group 1-2 Unmanned Aerial System Threats for Fielded SGT STOUT M-SHORAD
ARLINGTON, Va., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that the company's SGT STOUT M-SHORAD Mission Equipment Package (MEP) successfully defeated Group 1–2...
Leonardo DRS signs agreement for new 141,000 sq ft Brookfield, CT facility
Leonardo DRS (DRS) announced it has signed an agreement for a new facility in Brookfield, Connecticut, that will expand and consolidate operations for its Naval Power Systems business. Located at…
Leonardo DRS Signs Agreement for New Brookfield, Connecticut, Facility to Support Growth of Naval Power Systems Business
ARLINGTON, Va., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has signed an agreement for a new facility in Brookfield, Connecticut, that will expand and c...
Leonardo DRS price target raised to $53 from $48 at JPMorgan
JPMorgan analyst Seth Seifman raised the firm’s price target on Leonardo DRS (DRS) to $53 from $48 and keeps a Neutral rating on the shares.
Leonardo DRS Earnings Call Transcript: Q2 2026
Q2 2026 saw 10% organic revenue growth, 33% adjusted EBITDA growth, and a book-to-bill of 1.2, with strong performance across both IMS and ASC segments. The $450M Raft acquisition expands AI and software capabilities, and full-year profit guidance was raised on robust demand and record backlog.
Leonardo DRS Earnings release: Q2 2026
Leonardo DRS released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Leonardo DRS Slides: Q2 2026
Leonardo DRS has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Leonardo DRS Quarterly report: Q2 2026
Leonardo DRS has published its Q2 2026 quarterly earnings report on July 30, 2026.
Leonardo DRS reports Q2 adjusted EPS 35c, consensus 27c
Reports Q2 revenue $913M, consensus $901.51M. “Leonardo DRS (DRS) delivered an exceptional second quarter. Our results reflect disciplined execution and sustained demand for DRS’s differentiated techn...
Leonardo DRS raises FY26 adjusted EPS view to $1.34-$1.39 from $1.26-$1.30
Consensus $1.30. Backs FY26 revenue view $3.9B-$3.98B, consensus $3.94B. Raises FY26 adjusted EBITDA view to $525M-$540M from $515M-$530M. The company said, “Leonardo DRS (DRS) is increasing 2026 guid...
Leonardo DRS Announces Financial Results for Second Quarter 2026
Revenue: $913 million, up 10% year-over-year Net Earnings: $86 million, up 59% year-over-year Adjusted EBITDA: $128 million, up 33% year-over-year Diluted EPS: $0.32, up 60% year-over-year Adjusted Di...
Leonardo DRS to acquire Raft in $450M all-cash transaction
Leonardo DRS (DRS) entered into a definitive agreement to acquire Raft in an all-cash transaction valued at $450M. The company said, “Founded in 2018 and headquartered in McLean, Virginia, Raft…
Leonardo DRS to Acquire Raft, Expanding Multi-Domain AI, Data Fusion and Mission Software Capabilities
ARLINGTON, Va., July 28, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) today announced that it has entered into a definitive agreement to acquire Raft LLC (“Raft”) in an all-cash transacti...