ARLINGTON, Va. --(BUSINESS WIRE)--Dec. 17, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with two awards from BAE Systems for outstanding supplier performance and a commitment to operational excellence in 2024. Leonardo DRS was recognized with BAE Systems’
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 31, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to produce ship-based air and surface target detection AN/SPQ-9B radars. The contract includes options, if exercised over five years, would bring the
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
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 15, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide additional mission equipment packages (MEP) for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 14, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its sixth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUSA) expo in Washington, D.C. to recognize Breast Cancer Awareness Month, and
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 14, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) and BlueHalo announced today the successful live-fire demonstration of a new Counter Unmanned Aircraft System (C-UAS) Directed Energy (DE) Stryker designed to defeat Group 1-3 UAS with multiple kinetic and
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has opened a new facility designed to enhance collaboration on current and future programs based at the U.S. Army’s Aberdeen Proving Grounds (APG ) in Aberdeen, Maryland.
ARLINGTON, Va. --(BUSINESS WIRE)--Sep. 25, 2024-- 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
ARLINGTON, Va. --(BUSINESS WIRE)--Sep. 10, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered, ahead of schedule, critical C5I capabilities for the Australian Army’s Heavy Armoured Capability Systems. The delivery provides the new vehicles with the latest situational
ARLINGTON, Va. --(BUSINESS WIRE)--Aug. 27, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army . The production order for $117 million was made under the current Family of
