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

Leonardo DRS, Inc. (NASDAQ:DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been with the company since 2002, will assume her new responsibilities effective immediately and will continue to report directly to CEO John Baylouny. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260106960576/en/Sally Wallace, Chief Operating Officer, Leonardo DRS "Wallace is a strong leader and a trusted partner. Throughout her tenure at Leonardo DRS, she has been instrumental in driving excellence and business improvement. I look forward to working closely with her and

William J. Lynn to retire as Chairman and Chief Executive Officer John Baylouny named President & Chief Executive Officer and member of the Board of Directors Frances Fragos Townsend named Chair of the Board of Directors All changes effective January 1, 2026 Leonardo DRS, Inc. (NASDAQ:DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the company. The Board of Directors has unanimously named John Baylouny as President & Chief Executive Officer and a member of the Board. Additionally, the Board of Directors has unanimously elected Frances (Fran) Fragos Townsend as Board Chair. All changes are effec

Revenue: $960 million, up 18% year-over-year Net Earnings: $72 million, up 26% year-over-year Adjusted EBITDA: $117 million, up 17% year-over-year Diluted EPS: $0.26, up 24% year-over-year Adjusted Diluted EPS: $0.29, up 21% year-over-year Bookings: $1.3 billion (book-to-bill ratio of 1.4x) Backlog: $8.9 billion, up 8% year-over-year Revises 2025 guidance for revenue and Adjusted Diluted EPS Dividend: Company declares $0.09 cash dividend per share to be paid on December 2, 2025 Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025. CEO Com

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

SC 13G/A - Leonardo DRS, Inc. (0001833756) (Subject)

SC 13G - Leonardo DRS, Inc. (0001833756) (Subject)

Leonardo DRS, Inc. (NASDAQ:DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been with the company since 2002, will assume her new responsibilities effective immediately and will continue to report directly to CEO John Baylouny. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260106960576/en/Sally Wallace, Chief Operating Officer, Leonardo DRS "Wallace is a strong leader and a trusted partner. Throughout her tenure at Leonardo DRS, she has been instrumental in driving excellence and business improvement. I look forward to working closely with her and

Says company is uniquely positioned to rapidly deliver disruptive, trusted defense technologies at the speed of today's warfare. Leonardo DRS, Inc. (NASDAQ:DRS) announced today that John Baylouny has officially assumed the role of President and Chief Executive Officer, effective January 1, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260105927182/en/John Baylouny CEO, Leonardo DRS Baylouny is deeply rooted in the organization, bringing more than 35 years of experience across senior leadership, engineering, design, operations, and P&L leadership roles. As COO, he oversaw the company's workforce across both operating seg

VANCOUVER, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) -- USA News Group News Commentary – The Department of Defense is accelerating unmanned platform deployment across air, sea, land, space, and subsurface domains as Congress approved $8 billion in defense spending with $1.5 billion for artificial intelligence and autonomous systems[1]. Autonomous surface vessels are integrating into the Pentagon's command network, enabling thousands of platforms to operate in contested environments without risking personnel[2]. This multi-domain shift positions defense contractors with active unmanned programs as beneficiaries of Pentagon modernization funding, including VisionWave Holdings Inc. (NA

Leonardo DRS, Inc. (NASDAQ:DRS) announced today the successful first on-orbit test of its revolutionary multi-channel software-defined radio (SDR) with integrated advanced cryptography. This milestone marks a significant advance in validating a technology poised to establish a new standard for secure U.S. military satellite data transport at the tactical edge. The eXtended Crypto Module3-Space (XCM3-Space) adapts the company's next-generation crypto and multi-channel SDR capabilities to the space domain, addressing emerging cyber and electronic warfare threats to military satellite data transport. Leveraging deep expertise in multi-domain secure tactical communications, Leonardo DRS develo

Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it has signed a Memorandum of Intent (MOI) with the Kingdom of Saudi Arabia's Ministry of Defense (MOD) to explore opportunities for MOD ground combat vehicles and dismounted forces in support of the country's Vision 2030 defense modernization roadmap. The MOI was signed in Washington, D.C. following announcement of the United States of America's Strategic Defense Agreement with Saudi Arabia. Signing for Leonardo DRS was Bill Guyan, the company's Senior Vice President, Business Development and President, International Business. Eng. Khalid Al-Jawini, Director of Projects for Procurement for the Saudi Arabian Ministry of Defense, signed f

Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it has signed a contract from Chaiseri Defense Systems to provide its advanced Battle Management System (BMS) and integration support services to modernize the Royal Thailand Army's Stryker situational awareness capabilities. The agreement underscores the strong and growing partnership between the two companies and reinforces Leonardo DRS's long-term commitment to supporting Thailand's modernization priorities. Under the contract, Leonardo DRS will provide its combat-proven advanced BMS capability, critical project management, engineering, and support services. Chaiseri will deliver a range of local support services including system ins

Leonardo DRS, Inc. (NASDAQ:DRS) and Hofmann Engineering Pty. Ltd. today announced their intent to form a strategic partnership to examine opportunities for the joint pursuit of advanced allied navy propulsion needs, as well as providing capabilities to open capacity to accelerate U.S. Navy ship and submarine production. Under a recently signed Memorandum of Understanding, the collaboration would build on Leonardo DRS' deep experience in designing and developing high-performance, military-spec electric drive and hybrid electric drive propulsion systems for customers around the world, and Hofmann Engineering's extensive large, precision manufacturing and fabrication experience. "Integrating

William J. Lynn to retire as Chairman and Chief Executive Officer John Baylouny named President & Chief Executive Officer and member of the Board of Directors Frances Fragos Townsend named Chair of the Board of Directors All changes effective January 1, 2026 Leonardo DRS, Inc. (NASDAQ:DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the company. The Board of Directors has unanimously named John Baylouny as President & Chief Executive Officer and a member of the Board. Additionally, the Board of Directors has unanimously elected Frances (Fran) Fragos Townsend as Board Chair. All changes are effec

Revenue: $960 million, up 18% year-over-year Net Earnings: $72 million, up 26% year-over-year Adjusted EBITDA: $117 million, up 17% year-over-year Diluted EPS: $0.26, up 24% year-over-year Adjusted Diluted EPS: $0.29, up 21% year-over-year Bookings: $1.3 billion (book-to-bill ratio of 1.4x) Backlog: $8.9 billion, up 8% year-over-year Revises 2025 guidance for revenue and Adjusted Diluted EPS Dividend: Company declares $0.09 cash dividend per share to be paid on December 2, 2025 Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025. CEO Com

Leonardo DRS, Inc. (NASDAQ:DRS) announced today it has been awarded a contract by the U.S. Army to develop prototype Vehicle Integrated Power Kits (VIPKs) to support the growing need for easy-to-access, on-demand electrical power in the field. The kits will deliver scalable, exportable power directly from tactical vehicles to mission-critical systems—such as communications, electronic warfare, and counter-UAS technologies—without the need for external power sources. The prototype development will be centered around Leonardo DRS's advanced On-Board Vehicle Power (OBVP) solution, also known as TITAN, which generates up to 120kW of electrical power directly from the vehicle's drivetrain. Thi

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4 - Leonardo DRS, Inc. (0001833756) (Issuer)

4 - Leonardo DRS, Inc. (0001833756) (Issuer)

4 - Leonardo DRS, Inc. (0001833756) (Issuer)

4 - Leonardo DRS, Inc. (0001833756) (Issuer)

4 - Leonardo DRS, Inc. (0001833756) (Issuer)

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8-K - Leonardo DRS, Inc. (0001833756) (Filer)

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10-Q - Leonardo DRS, Inc. (0001833756) (Filer)

8-K - Leonardo DRS, Inc. (0001833756) (Filer)

8-K - Leonardo DRS, Inc. (0001833756) (Filer)

144 - Leonardo DRS, Inc. (0001833756) (Subject)

144 - Leonardo DRS, Inc. (0001833756) (Subject)

144 - Leonardo DRS, Inc. (0001833756) (Subject)

144 - Leonardo DRS, Inc. (0001833756) (Subject)

10-Q - Leonardo DRS, Inc. (0001833756) (Filer)