Leonardo DRS, Inc. (DRS)
Market Cap | 5.76B |
Revenue (ttm) | 2.83B |
Net Income (ttm) | 168.00M |
Shares Out | 262.53M |
EPS (ttm) | 0.64 |
PE Ratio | 34.52 |
Forward PE | 27.14 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 446,528 |
Open | 21.81 |
Previous Close | 21.83 |
Day's Range | 21.81 - 22.12 |
52-Week Range | 11.85 - 24.00 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 23.00 (+4.12%) |
Earnings Date | May 1, 2024 |
About DRS
Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) 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, prec... [Read more]
Financial Performance
In 2023, Leonardo DRS's revenue was $2.83 billion, an increase of 4.94% compared to the previous year's $2.69 billion. Earnings were $168.00 million, a decrease of -58.52%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price forecast is $23.0, which is an increase of 4.12% from the latest price.
News
Leonardo DRS Introduces New Mounted Form Factor Mission System to Address the U.S. Army's CMOSS Modernization Initiative
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today its newest combat computing product as its latest addition to the company's proven tactical computing portfolio of pro...
Leonardo DRS 2024 Investor Day Highlights
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, hosted its first investor day since its return to the public markets in November...
Leonardo DRS to Host Investor Day
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, will host its investor day in-person in New York and via webcast with financial ...
Leonardo DRS Signs Land Lease to Build State-of-the-Art Naval Propulsion Manufacturing and Test Facility Near Charleston, S.C.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a ground lease in the Charleston, South Carolina metropolitan area to develop a state-of-the-art ma...
Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2023
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 Delivers 1,000th Laser System Key to Rotor and Fixed-Wing Aircraft Protection System
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered the 1,000th Solaris™ ruggedized laser system that is at the heart of Northrop Grumman's Common I...
Leonardo DRS Schedules Fourth Quarter 2023 and Full Year 2023 Earnings Conference Call for February 27, 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, February 27, 2024 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2023 and ful...
Leonardo DRS Unveils Stretto Family of Laser Systems for Quantum Information Science Applications
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has launched the Stretto family of high-precision lasers, a next-generation system with unparalleled performan...
Leonardo DRS Awarded Contracts Valued at Over $3 Billion for U.S. Navy's Columbia-Class Submarine Program
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) has been awarded contracts valued at over $3 billion, when fully funded, to provide integrated electric propulsion system products for...
Leonardo DRS Hybrid Electric Drive Propulsion System Successful in Republic of Korea Navy Sea Trials of First Ulsan-Class Frigate
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful completion of comprehensive sea trials of the first Ulsan-Class Future Frigate experimental Batch-3 (FF...
Leonardo DRS Announces Pricing of an Upsized Secondary Offering of Common Stock by a Leonardo S.p.A. Subsidiary
ARLINGTON, Va.--(BUSINESS WIRE)--LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the pricing of an upsized public secondary offering of 18,000,000 shares of its common stock...
Leonardo DRS Announces Launch of Proposed Secondary Offering of Common Stock by a Leonardo S.p.A. Subsidiary
ARLINGTON, Va.--(BUSINESS WIRE)--LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the commencement of a public secondary offering of 16,500,000 shares of its common stock by ...
Leonardo DRS Awarded More than $134 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 Announces Financial Results for Third Quarter 2023
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2023, which ende...
Leonardo DRS Awarded Contract for Prototype Next-Generation Joint Effects Targeting System II for Forward Observers
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (J...
Leonardo DRS On Board Vehicle Power System Shines in Major U.S. Army Evaluation
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has successfully demonstrated its On Board Vehicle Power (OBVP) technology to provide vehicle-based electrical...
Leonardo DRS Celebrates Five 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 fifth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUS...
Leonardo DRS to Host Investor Day in New York on March 14, 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has announced that it will host its investor day on Thursday, March 14, 2024 with presentations scheduled to begin at 9:00 a....
Leonardo DRS Schedules Third Quarter 2023 Earnings Conference Call for November 2, 2023
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Thursday, November 2, 2023 beginning at 10:00 a.m. (ET) to discuss its third quarter 2023...
Leonardo DRS Announces Voluntary Delisting from the Tel Aviv Stock Exchange
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) (“Leonardo DRS” or the “Company”) today announced that it is taking steps to voluntarily delist its common stock from the Tel...
Leonardo DRS Unveils New 5-inch Electro-Optical/Infrared Stabilized Gimbal for Group 1 UAS Platforms
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it is releasing its next-generation 5-inch stabilized, multi-sensor EO/IR payload gimbal, with market leading hig...
Leonardo DRS Announces Financial Results for Second Quarter 2023
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2023, which end...
Leonardo DRS Earns Raytheon Technologies Premier Award
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its Airborne and Intelligence Systems business unit was awarded a Raytheon Technologies Premier Award for perform...
Leonardo DRS Recognized for Commitment to National Security with 2023 James S. Cogswell Award
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its Land Systems business unit facility in Bridgeton, Mo. has been awarded the 2023 James S. Cogswell Award for O...
Leonardo DRS Schedules Second Quarter 2023 Earnings Conference Call for August 2, 2023
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Wednesday, August 2, 2023 beginning at 10:00 a.m. (ET) to discuss its second quarter 2023...