Leonardo DRS (DRS) Stock News

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.

Leonardo DRS (DRS) reported strong Q1 2025 financial results with revenue of $799 million, up 16% year-over-year, and net earnings of $50 million, up 72%. The company achieved notable metrics including:

• Adjusted EBITDA: $82M (+17% YoY)
• Diluted EPS: $0.19 (+73% YoY)
• Bookings: $1B with 1.2x book-to-bill ratio
• Record backlog: $8.6B (+10% YoY)

Growth was driven by ground and naval network computing, tactical radars, and electric power programs. The company paid $24M in dividends ($0.09/share) and repurchased 88,050 shares for $3M. DRS confirmed its 2025 guidance with revenue projected at $3.425B-$3.525B and adjusted EPS of $1.02-$1.08.

Leonardo DRS (Nasdaq: DRS) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Thursday, May 1, 2025, at 10:00 a.m. ET. The company will release its Q1 2025 earnings report before the call.

The conference call will include a live audio broadcast with supplemental information, accessible through the company's investor relations website. Interested participants can register for the call or webcast at https://investors.leonardodrs.com. A replay of the conference call will be available on the website approximately two hours after its conclusion and will remain accessible for 90 days.

Leonardo DRS (NASDAQ: DRS) has secured a $16.9 million prototype project award from the U.S. Army to modernize the Paladin Electric Servo Amplifier (PESA) weapon control system for the M109A7 Paladin self-propelled howitzer. The project focuses on developing a next-generation prototype with updated electrical technology to enhance the producibility and maintainability of line replaceable units.

The PESA system is described as critical technology for the M109A7's operation. The modernization aims to maintain current operational capabilities while improving system efficiency. The project will be executed through Leonardo DRS's Land Electronics business unit, leveraging the company's expertise in electrical, electromechanical, and electronic systems development for military applications.