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Leonardo DRS, Inc.
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ARLINGTON, Va.--(BUSINESS WIRE)--Announcement of Tenum® 640 Orbit™, an uncooled long-wave infrared (LWIR) thermal camera module for unmanned air, ground, and maritime platforms.
Here is how Leonardo DRS, Inc. (DRS) and Elbit Systems (ESLT) have performed compared to their sector so far this year.
Leonardo DRS, Inc. (DRS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Leonardo DRS, Inc. (DRS) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Leonardo DRS, Inc. (DRS) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.2 per share a year ago.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2026, which ended March 31, 2026. CEO Commentary “Leonardo DRS delivered a strong start to the year. Our first quarter 2026 results meaningfully outperformed expectations thanks to disciplined execution, program momentum and sustained demand for our differentiated technologies. We expanded profitability, while simultaneous.
The United States Air Force has no plans to retire its remaining fleet of Boeing B-52 Stratofortress bombers for at least a couple more decades, and the old "BUFFs" as they are known, will be in service until the late 2040s or early 2050s, perhaps even longer. However, even as the Air Force will adopt the Northrop Grumman B-21 Raiders in the coming year, the B-52s won't be the only old workhorses that will remain in the bomber fleet.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it is introducing a new 2 kVA AC Uninterruptible Power Supply (UPS) in the company's uninterruptible power supply family of products, delivering clean, conditioned backup power to help keep mission-critical electronics online through shipboard power disturbances. The product is designed and positioned as IP54-hardened, and military-qualified—built for harsh and unforgiving operating environments. “We designed this.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it has successfully integrated its Maritime Mission Equipment Package (M-MEP) on an autonomous unmanned surface vessel (AUSV), delivering a new counter-unmanned aerial system (C-UAS) capability designed to detect, track, identify, and defeat aerial unmanned threats operating in the maritime domain. Built for rapid integration on crewed and uncrewed platforms, the solution provides a mission-ready layer of protecti.
U.S. defense spending is rising sharply. Specialized contractors are positioned to benefit the most from rising demand for AI hardware and software, cybersecurity, and missile tracking technology.
Leonardo DRS's growth is propelled by advanced sensing, electric propulsion, and tactical radar, but supply chain risks—especially rare earths—threaten operational continuity. ASC segment shows margin improvement, but IMS faces profit conversion challenges; Q4 2025 saw IMS margins drop sharply despite revenue growth. Expansion initiatives, including a new naval facility and increased capex, support future ambitions, yet rare earth supply risks remain unresolved and material.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, May 5, 2026 beginning at 10:00 a.m. (ET) to discuss its first quarter 2026 results. The company plans to issue its quarterly earnings press release prior to the conference call. The live audio broadcast of Leonardo DRS's conference call with corresponding press release and supplemental information will be available on the company's investor relations website. To attend the conference c.
Leonardo DRS, Inc. (NASDAQ: DRS - Get Free Report) EVP Sally Wallace sold 28,960 shares of Leonardo DRS stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $46.35, for a total value of $1,342,296.00. Following the completion of the sale, the executive vice president owned 58,353 shares in
Representative Julia Letlow (Republican-Louisiana) recently bought shares of Leonardo DRS, Inc. (NASDAQ: DRS). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Leonardo DRS stock on February 2nd. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account. Representative Julia Letlow also recently made
Leonardo DRS stock is crafting a bullish chart pattern. The defense name is setting up even as the broader market continues to weaken.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the introduction of THOR - Tactical, High-Performance Embedded Computing, Open Architecture, Rugged - a rugged, open-architecture 3U VPX embedded computing chassis purpose-built to deliver high-performance processing at the tactical edge. Designed for combat vehicles, tactical platforms, and emerging mission environments, THOR provides the scalable computing backbone warfighters need to run artificial intelligence.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V (ATSP5) to support the U.S. military in rapidly fielding emerging technologies. The indefinite-delivery, indefinite-quantity, multiple award contract has a total potential value of more than $25 billion over ten years. Leonardo DRS is one of thirteen companies awarded this contract, which positions the Company.
Leonardo DRS, Inc. (NASDAQ: DRS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight analysts that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target
Algert Global LLC grew its holdings in shares of Leonardo DRS, Inc. (NASDAQ: DRS) by 21.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 459,897 shares of the company's stock after buying an additional 80,534 shares during the period. Algert Global LLC owned
BELCAMP, Md. & MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- #EUSSD--Element U.S. Space & Defense (EUSSD), a trusted leader in advanced defense testing and engineering services, is proud to announce an exciting collaboration with Leonardo DRS, an innovative and agile provider of advanced defense technology, that is expected to advance the capability of electromagnetic testing for U.S. Navy electronic systems. Element U.S. Space & Defense has designed and built a state-of-the-art semi-anechoic lined e.
Leonardo DRS, Inc. (DRS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DRS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 2026. Jeffery served as President and Chief Executive Officer and member of the board of directors of Rockefeller & Co. from 2010 to 2018. Jeffery brings to the DRS Board extensive expertise in public policy, global finance, and corporate governance. “We are delighted that Reuben is joining our B.
Elo Mutual Pension Insurance Co purchased a new position in shares of Leonardo DRS, Inc. (NASDAQ: DRS) during the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,967 shares of the company's stock, valued at approximately $634,000. A number of other large investors also recently
Defense contractors Tat Technologies and Leonardo DRS rose notably this week, as the war in Iran continued.
