Leonardo DRS, Inc. Stock Price, News & Analysis

Leonardo DRS (NASDAQ: DRS) won first place in a Department of Defense counter‑drone competition on October 9, 2025 by demonstrating its Ring C‑UxS electronic warfare system.

The Ring system uses radio‑frequency (RF) detection, GNSS techniques, and RF datalink manipulation to detect, identify, and defeat small UAS (Groups 1–3) from air, land, or sea. Leonardo DRS and partner Regulus excelled in dismounted detect‑identify‑track‑defeat scenarios during a JCO demonstration intended to inform DoD requirements. The company noted the technology has been deployed across multiple platforms and operational theaters, and emphasized its role as prime contractor/integrator on MLIDS and provider of the M‑SHORAD Mission Equipment Package.

Hoverfly Technologies (DRS) closed a $20 million Series B on October 8, 2025, led by existing investor Leonardo DRS with $15 million and new investor Korea Robot Manufacturing (KRM) with $5 million. The round is the company's largest to date and includes a manufacturing agreement with DRS to expand production of the Hoverfly Sentry and a new line for the Hoverfly Spectre.

KRM will be exclusive manufacturer of key components, establish a U.S. production facility, and serve as a reseller alongside DRS. Hoverfly has sold over 800 tethered drones and promotes its NEXUS BVLOS networking capability adopted in concept by the U.S. Army.

Leonardo DRS (Nasdaq: DRS) revised the start time for its Q3 2025 earnings conference call to 9:30 a.m. ET on Wednesday, October 29, 2025. The company will issue its quarterly earnings press release prior to the call. A live audio webcast, press release, and supplemental materials will be available on the company's investor relations website. Participants must register online to attend the call or webcast. A replay will be posted approximately two hours after the call and will remain available for 90 days on the investor site.

Leonardo DRS (NASDAQ: DRS) has announced its upcoming third quarter 2025 earnings conference call, scheduled for Wednesday, October 29, 2025, at 10:00 a.m. ET. The company will release its Q3 2025 earnings report before the conference call.

Investors and analysts can participate in the conference call by registering through the company's investor relations website. The event will include a live audio broadcast along with supplemental materials. A replay of the call will be accessible on the company's website for 90 days following the event.

Leonardo DRS (NASDAQ: DRS) has launched its new AI-enabled Rugged Smart Display - Ground (RSD-G) product line for military ground combat vehicles. The next-generation tactical computing systems feature Intel Core i7 extended temperature processors with embedded AI capabilities, offering enhanced performance and battlefield responsiveness.

The RSD-G systems come in four display sizes and integrate multiple vehicle sensor data into a comprehensive view, enabling faster decision-making in combat scenarios. The systems align with Leonardo DRS's strategic focus on network computing and C5I technologies, supporting the U.S. military, U.K. Ministry of Defense, and allied forces.

Leonardo DRS (NASDAQ: DRS) has successfully completed its first open-water demonstrations of its maritime Mission Equipment Package (MEP) for counter-UAS naval fleet protection. The system, designed to be mounted on small uncrewed surface vessels, leverages DRS's proven land-based defense technologies.

The MEP demonstration showcased integrated systems including the BlackLab passive RF detection system, STAG electro-optic/infrared gimbal, and a tactical data management system using AI-powered sensor fusion. The system successfully demonstrated detection, identification, and tracking of UAS threats and counter-surface ship tracking under realistic sea conditions.

Leonardo DRS (NASDAQ: DRS) reported strong Q2 2025 financial results, with revenue reaching $829 million, up 10% year-over-year. The defense technology provider achieved net earnings of $54 million, a 42% increase, and Adjusted EBITDA of $96 million, up 17%. Key performance metrics include diluted EPS of $0.20 (up 43%) and adjusted diluted EPS of $0.23 (up 28%).

The company secured bookings of $853 million with a book-to-bill ratio of 1.0x and increased its backlog to $8.6 billion, up 9% year-over-year. Growth was driven by electric power and propulsion, advanced infrared sensing, and ground network computing programs. DRS declared a $0.09 cash dividend per share payable on September 3, 2025, and revised its 2025 guidance upward.

Leonardo DRS (NASDAQ: DRS) announced it will host its second quarter 2025 earnings conference call on Wednesday, July 30, 2025 at 10:00 a.m. ET. The company will release its Q2 2025 earnings report before the conference call.

Investors and analysts can access the live audio broadcast and supplemental materials through the company's investor relations website. Registration for the call and webcast is available at investors.leonardodrs.com. A replay of the conference call will be accessible on the company's website for 90 days following the event.

Leonardo DRS has secured a $41 million contract from Naval Sea Systems Command to provide combat management system hardware for U.S. Navy surface combatants, allied naval forces, and U.S. Coast Guard. The company will deliver advanced hardware including multi-screen consoles, displays, and peripheral equipment for AEGIS Combat System and Ship Self-Defense System. The systems will be deployed across various ships, serving as the primary operator interface for sailors to process and display battlespace information. The contract extends to allied navies including Australia, South Korea, and Japan. Work will be performed at Leonardo DRS's Johnstown, PA facility, showcasing the company's expertise in complex design and manufacturing across naval, ground, air, space, and cyber missions.