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
Demonstrates the company’s focus on developing and fielding cutting-edge open systems architecture convergence platform for mounted platforms in support of U.S Army network modernization ARLINGTON, Va. --(BUSINESS WIRE)--Mar. 26, 2024-- Leonardo DRS, Inc.
ARLINGTON, Va. --(BUSINESS WIRE)--Mar. 14, 2024-- Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, hosted its first investor day since its return to the public markets in November 2022 . The event featured presentations from members of the executive leadership
ARLINGTON, Va. --(BUSINESS WIRE)--Mar. 14, 2024-- Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, will host its investor day in-person in New York and via webcast with financial analysts and institutional investors today, March 14, 2024 , beginning at 9:00
ARLINGTON, Va.--( BUSINESS WIRE )--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a ground lease in the Charleston, South Carolina metropolitan area to develop a state-of-the-art manufacturing facility, allowing the company to grow its naval propulsion capability and streamline
Revenue: $926 million for the fourth quarter and $2.8 billion for the year Net Earnings: $74 million for the fourth quarter and $168 million for the year Adjusted EBITDA: $131 million for the fourth quarter and $324 million for the year Diluted EPS: $0.28 for the fourth quarter and $0.64 for the
ARLINGTON, Va. --(BUSINESS WIRE)--Jan. 30, 2024-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered the 1,000 th Solaris™ ruggedized laser system that is at the heart of Northrop Grumman’s Common Infrared Countermeasures (CIRCM) system.
