Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · IEX Real-Time Price · USD
21.51
+0.20 (0.94%)
At close: Apr 24, 2024, 4:00 PM
21.73
+0.22 (1.02%)
After-hours: Apr 24, 2024, 7:42 PM EDT

Company Description

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, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing.

This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications.

The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers.

This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems.

The company was incorporated in 1968 and is based in Arlington, Virginia. Leonardo DRS, Inc. operates as a subsidiary of Leonardo S.p.A.

Leonardo DRS, Inc.
Leonardo DRS logo
Country United States
Founded 1969
Industry Aerospace & Defense
Sector Industrials
Employees 6,600
CEO William J. Lynn III

Contact Details

Address:
2345 Crystal Drive, Suite 1000
Arlington, Virginia 22202
United States
Phone (703) 416-8000
Website leonardodrs.com

Stock Details

Ticker Symbol DRS
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001833756
ISIN Number US52661A1088
Employer ID 13-2632319
SIC Code 3812

Key Executives

Name Position
William J. Lynn III Chairman and Chief Executive Officer
Michael D. Dippold Executive Vice President and Chief Financial Officer
John A. Baylouny Executive Vice President and Chief Operating Officer
Mark A. Dorfman Executive Vice President, General Counsel and Secretary
Sally A. Wallace Executive Vice President of Operations
Stephen Vather Vice President of Investor Relations and Corporate Finance
Dr. Philip Perconti Chief Technology Officer
Michael Mount Vice President of Communications
Michael Coulter Senior Vice President of Corporate Business Development and President of International
Tami E. Gesiskie Senior Vice President of Human Resources

Latest SEC Filings

Date Type Title
Apr 9, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 5, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 5, 2024 DEF 14A Other definitive proxy statements
Mar 14, 2024 8-K Current Report
Feb 28, 2024 10-K Annual Report
Feb 27, 2024 8-K Current Report
Feb 9, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 2, 2024 8-K Current Report
Dec 26, 2023 8-K Current Report
Nov 21, 2023 8-K Current Report