ARLINGTON, Va. --(BUSINESS WIRE)--Jul. 17, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it received a BAE Systems ‘Partner 2 Win’ Supplier of the Year award. DRS was chosen from a select pool of suppliers that delivered exceptional performance and contributions to supply chain
ARLINGTON, Va. --(BUSINESS WIRE)--Jul. 16, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its Naval Power Systems facility in Danbury, CT . has been awarded the 2024 James S. Cogswell Award for Outstanding Industrial Security Achievement by the Defense Counterintelligence and Security
ARLINGTON, Va. --(BUSINESS WIRE)--Jul. 1, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has provided the 1,000 th advanced sensor package which is at the core of BAE Systems’ 2-Color Advanced Warning System (2CAWS), a next-generation missile warning and hostile fire detection
ARLINGTON, Va. --(BUSINESS WIRE)--Jun. 28, 2024-- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, July 30, 2024 beginning at 10:00 a.m. (ET) to discuss its second quarter 2024 results. The company plans to issue its quarterly earnings press release prior to the
ARLINGTON, Va. --(BUSINESS WIRE)--Jun. 10, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received another full-rate production contract to supply its industry-leading Quantum Cascade Laser (QCL) technology to enable Common Infrared Countermeasure (CIRCM) systems for critical
ARLINGTON, Va. --(BUSINESS WIRE)--May 28, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to provide AN/SPQ-9B radar design agent and engineering services. The contract includes options, if exercised, would bring the cumulative value to more than
ARLINGTON , V--(BUSINESS WIRE)--May 7, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from Boeing Defense to provide the upgraded Aerial Refueling Operator Station (AROS 2.0) for new U.S. Air Force KC-46 Pegasus refueling tanker aircraft.
Revenue: $688 million , up 21% year-over-year Net Earnings: $29 million , up 142% year-over-year Adjusted EBITDA: $70 million , up 43% year-over-year Diluted EPS: $0.11 , up 120% year-over-year Adjusted Diluted EPS: $0.14 , up 100% year-over-year Bookings: $815 million (book-to-bill ratio of
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 4, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with the prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor that unlocks the ability for advanced military and scientific
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 3, 2024-- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, May 1, 2024 beginning at 10:00 a.m. (ET) to discuss its first quarter 2024 results. The company plans to issue its quarterly earnings press release prior to the