ARLINGTON, Va. --(BUSINESS WIRE)--Nov. 20, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful completion of comprehensive sea trials of the first Ulsan-Class Future Frigate experimental Batch-3 (FFX-III) for the Republic of Korea Navy ( ROK Navy ).
ARLINGTON, Va. --(BUSINESS WIRE)--Nov. 16, 2023-- LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the pricing of an upsized public secondary offering of 18,000,000 shares of its common stock at an offering price of $17.75 per share by Leonardo US Holding, LLC (the
ARLINGTON, Va. --(BUSINESS WIRE)--Nov. 15, 2023-- LEONARDO DRS INC. (NASDAQ: DRS) Leonardo DRS, Inc. (“DRS”) announced today the commencement of a public secondary offering of 16,500,000 shares of its common stock by Leonardo US Holding, LLC (the “Selling Stockholder”), a subsidiary of Leonardo
ARLINGTON, Va. --(BUSINESS WIRE)--Nov. 6, 2023-- 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 recently awarded production order for more than $134 million was made under
Revenue: $703 million Net Earnings: $47 million Adjusted EBITDA: $82 million Diluted EPS: $0.18 Adjusted Diluted EPS: $0.20 Bookings: $1.1 billion (book-to-bill ratio of 1.5x) Backlog: $4.7 billion Subsequent to Q3, the company was awarded an over $3 billion contract for the electric power
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 30, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (JETS II) multi-sensor targeting technology for Forward Observers.
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 9, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has successfully demonstrated its On Board Vehicle Power (OBVP) technology to provide vehicle-based electrical power in support of vehicle-based weapon systems.
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 6, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its fifth 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 support
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 3, 2023-- Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has announced that it will host its investor day on Thursday, March 14, 2024 with presentations scheduled to begin at 9:00 a.m. (ET) in midtown Manhattan near the Nasdaq MarketSite.
ARLINGTON, Va. --(BUSINESS WIRE)--Oct. 2, 2023-- Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Thursday, November 2, 2023 beginning at 10:00 a.m. (ET) to discuss its third quarter 2023 results. The company plans to issue its quarterly earnings press release prior to
