R evenue: $569 million Net Earnings: $12 million Adjusted EBITDA: $49 million Diluted EPS: $0.05 Adjusted Diluted EPS: $0.07 Bookings: $749 million (book-to-bill ratio of 1.3x) Backlog: $4.3 billion Reaffirms 2023 guidance ARLINGTON, Va. --(BUSINESS WIRE)--May 3, 2023-- Leonardo DRS, Inc.
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 18, 2023-- Leonardo DRS, Inc. (NASDAQ:DRS) announced today that its new high-precision radiometer technology is being used to measure the Earth’s surface temperature from space. The image collection from the company’s Multiband Uncooled SmallSat Imaging
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 17, 2023-- Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Wednesday, May 3, 2023 beginning at 5:00 p.m. (ET) to discuss its first quarter 2023 results. The company plans to issue its quarterly earnings press release prior to the
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 4, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded contracts valued at over $1 billion , when fully funded, to provide the integrated electric propulsion components for the U.S. Navy’s next-generation Columbia-class submarine.
ARLINGTON, Va. --(BUSINESS WIRE)--Apr. 3, 2023-- Leonardo DRS, Inc. (NASDAQ: DRS) announced today it is introducing its next-generation of power conversion technology in the company’s Pivotal Power Solutions line of products, to ensure available and reliable electrical power for mission-critical
Revenue: $820 million for the fourth quarter and $2.7 billion for the year Net Earnings: $65 million for the fourth quarter and $405 million for the year Adjusted EBITDA: $120 million for the fourth quarter and $318 million for the year Diluted EPS: $0.28 for the fourth quarter and $1.88 for the
ARLINGTON, Va. --(BUSINESS WIRE)--Mar. 3, 2023-- Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Tuesday, March 28, 2023 beginning at 10:30 a.m. (ET) to discuss its fourth quarter and full year 2022 results. The company plans to issue its quarterly earnings press
ARLINGTON, Va. --(BUSINESS WIRE)--Jan. 5, 2023-- Leonardo DRS, Inc. (Nasdaq: DRS) announced today it was awarded a contract to provide additional counter unmanned aircraft system (C-UAS) platforms in support of U.S. Army’s Integrated Fires/Rapid Capabilities Office’s on-going Mobile-Low, Slow,
