Leonardo DRS, Inc. (NASDAQ:DRS) announced today it will mark its seventh year of supporting the "Stick It to Cancer" fundraiser at the 2025 AUSA Annual Meeting & Exposition in Washington, D.C., recognizing Breast Cancer Awareness Month and supporting military members and families affected by breast cancer. As part of this ongoing initiative, Leonardo DRS will again collaborate with The Henry M. Jackson Foundation for the Advancement of Military Medicine, Inc. (HJF) to raise awareness, fund research, and support programs. This year's donation will benefit the Look Good Feel Better program and educational efforts at the Murtha Cancer Center Research Program (MCCRP), which enhances the patie

New electronic warfare system expands rapid-response capability to detect and neutralize drone threats in dynamic environments Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it won first place in a Department of Defense counter drone competition by demonstrating an advanced electronic warfare system that can be integrated into the company's range of proven and fielded counter-UAS (C-UAS) capabilities. This latest capability highlights the company's leadership role as a developer and provider of proven counter-UAS and air defense systems that enhance force protection across today's complex and dynamic battlespace. During a demonstration event hosted by the DoD's Joint Counter-small

The investment comes from existing production partner and leading defense technology company Leonardo DRS and new investor Korea Robot Manufacturing (KRM) SANFORD, Fla., Oct. 8, 2025 /PRNewswire/ -- Hoverfly Technologies, the leading provider of tethered drone systems for defense and security, is proud to announce the successful close of its $20 million Series B funding round, led by existing investor Leonardo DRS (DRS) and new partner Korea Robot Manufacturing (KRM). The investment is the single largest capital raise in company history and will support Hoverfly's continued

Leonardo DRS, Inc. (NASDAQ:DRS) will now host a conference call on Wednesday, October 29, 2025 beginning at a revised time of 9:30 a.m. (ET) to discuss its third quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference ca

Leonardo DRS, Inc. (NASDAQ: DRS) has scheduled a conference call for Wednesday, October 29, 2025 beginning at 10:00 a.m. (ET) to discuss its third quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will rem

New Product Line Expands Company's Advanced Tactical Computing Portfolio Leonardo DRS, Inc. (NASDAQ:DRS) announced today the launch of its new product line of high-performance AI-enabled Ground Vehicle Architecture Smart Display systems called Rugged Smart Displays - Ground (RSD-G). The next-generation, tactical computing systems are designed to set a new standard for ruggedness, performance, and connectivity over existing tactical smart display systems used in ground combat vehicles. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250908352739/en/The new Leonardo DRS Rugged Smart Display - Ground. Source: Leonardo DRS The new

MarketNewsUpdates News Commentary NEW YORK, Aug. 21, 2025 /PRNewswire/ -- The Autonomous Military Weapon Market is experiencing rapid growth as nations increasingly invest in advanced technologies to bolster their defense capabilities.  A report from Verified Market Reports said that the Autonomous Military Weapon Market size stood at USD 12.3 Billion in 2024 and is forecast to achieve USD 36.5 Billion By 2033, registering a 13.2% CAGR From 2026 To 2033.  The report added: "The Autonomous Military Weapon Market is rapidly evolving as nations around the globe prioritize advanced defense capabilities. These autonomous systems are designed to operate with minimal human intervention, leveraging

Leonardo DRS, Inc. (NASDAQ:DRS) announced today that is has successfully completed its first series of open-water demonstrations of its advanced maritime Mission Equipment Package (MEP) for counter‑UAS (C‑UAS) naval fleet protection. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812530326/en/A rendering of a USV using the Leonardo DRS Maritime Mission Equipment Package. The DRS maritime MEP is a scalable C-UAS system based on DRS's proven land-based mobile short-range air defense and C-UAS systems. This system is designed to be mounted on a range of small uncrewed surface vessels providing remote ship protection at varying d

Revenue: $829 million, up 10% year-over-year Net Earnings: $54 million, up 42% year-over-year Adjusted EBITDA: $96 million, up 17% year-over-year Diluted EPS: $0.20, up 43% year-over-year Adjusted Diluted EPS: $0.23, up 28% year-over-year Bookings: $853 million (book-to-bill ratio of 1.0x) Backlog: $8.6 billion, up 9% year-over-year Revises 2025 guidance across all metrics Dividend: Company declares $0.09 cash dividend per share to be paid on September 3, 2025 Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2025, which ended June 30, 2025. CEO Commentary "Leonardo DR

Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Wednesday, July 30, 2025 beginning at 10:00 a.m. (ET) to discuss its second quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will remain

Canaccord Genuity resumed coverage of Leonardo DRS with a rating of Buy and set a new price target of $50.00

Canaccord Genuity initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $50.00

Goldman initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $49.00

BofA Securities upgraded Leonardo DRS from Neutral to Buy and set a new price target of $40.00

BofA Securities downgraded Leonardo DRS from Buy to Neutral and set a new price target of $30.00 from $26.00 previously

BTIG Research initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $30.00

Morgan Stanley initiated coverage of Leonardo DRS with a rating of Equal-Weight and set a new price target of $26.00

JP Morgan initiated coverage of Leonardo DRS with a rating of Neutral and set a new price target of $23.00

BofA Securities initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $20.00

Truist initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $19.00

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Leonardo DRS, Inc. (NASDAQ:DRS) will now host a conference call on Wednesday, October 29, 2025 beginning at a revised time of 9:30 a.m. (ET) to discuss its third quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference ca

Leonardo DRS, Inc. (NASDAQ: DRS) has scheduled a conference call for Wednesday, October 29, 2025 beginning at 10:00 a.m. (ET) to discuss its third quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will rem

Revenue: $829 million, up 10% year-over-year Net Earnings: $54 million, up 42% year-over-year Adjusted EBITDA: $96 million, up 17% year-over-year Diluted EPS: $0.20, up 43% year-over-year Adjusted Diluted EPS: $0.23, up 28% year-over-year Bookings: $853 million (book-to-bill ratio of 1.0x) Backlog: $8.6 billion, up 9% year-over-year Revises 2025 guidance across all metrics Dividend: Company declares $0.09 cash dividend per share to be paid on September 3, 2025 Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2025, which ended June 30, 2025. CEO Commentary "Leonardo DR

Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Wednesday, July 30, 2025 beginning at 10:00 a.m. (ET) to discuss its second quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will remain

Revenue: $799 million, up 16% year-over-year Net Earnings: $50 million, up 72% year-over-year Adjusted EBITDA: $82 million, up 17% year-over-year Diluted EPS: $0.19, up 73% year-over-year Adjusted Diluted EPS: $0.20, up 43% year-over-year Bookings: $1 billion (book-to-bill ratio of 1.2x) Backlog: $8.6 billion, up 10% year-over-year Confirms strong 2025 guidance across all metrics Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2025, which ended March 31, 2025. CEO Commentary "Our first quarter 2025 financial results exceeded our expectations and reflect a solid start to the year.

Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 2025 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will remain avail

Revenue: $981 million for the fourth quarter and $3.2 billion for the year Net Earnings: $89 million for the fourth quarter and $213 million for the year Adjusted EBITDA: $148 million for the fourth quarter and $400 million for the year Diluted EPS: $0.33 for the fourth quarter and $0.80 for the year Adjusted Diluted EPS: $0.38 for the fourth quarter and $0.93 for the year Bookings: $1.3 billion for the fourth quarter and $4.1 billion for the year (book-to-bill ratio of 1.3) Backlog: $8.5 billion, up 10% from prior year Formalizes 2025 guidance Board of Directors declares a cash dividend and authorizes stock repurchase program Leonardo DRS, Inc. (NASDAQ:DRS), a leading pr

Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and full year 2024 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conferenc

Revenue: $812 million, up 16% year-over-year Net Earnings: $57 million, up 21% year-over-year Adjusted EBITDA: $100 million, up 22% year-over-year Diluted EPS: $0.21, up 17% year-over-year Adjusted Diluted EPS: $0.24, up 20% year-over-year Bookings: $1.1 billion (book-to-bill ratio of 1.3x) Backlog: $8.3 billion, up 75% year-over-year Raises 2024 guidance across all metrics Initiates preliminary 2025 guidance framework Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2024, which ended September 30, 2024. CEO Commentary "We delivered strong third quarter results, highlighted by ro

Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Wednesday, October 30, 2024 beginning at 10:00 a.m. (ET) to discuss its third quarter 2024 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 call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will remain