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Algert Global LLC grew its holdings in shares of Leonardo DRS, Inc. (NASDAQ: DRS) by 21.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 459,897 shares of the company's stock after buying an additional 80,534 shares during the period. Algert Global LLC owned
BELCAMP, Md. & MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- #EUSSD--Element U.S. Space & Defense (EUSSD), a trusted leader in advanced defense testing and engineering services, is proud to announce an exciting collaboration with Leonardo DRS, an innovative and agile provider of advanced defense technology, that is expected to advance the capability of electromagnetic testing for U.S. Navy electronic systems. Element U.S. Space & Defense has designed and built a state-of-the-art semi-anechoic lined e.
Leonardo DRS, Inc. (DRS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DRS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 2026. Jeffery served as President and Chief Executive Officer and member of the board of directors of Rockefeller & Co. from 2010 to 2018. Jeffery brings to the DRS Board extensive expertise in public policy, global finance, and corporate governance. “We are delighted that Reuben is joining our B.
Elo Mutual Pension Insurance Co purchased a new position in shares of Leonardo DRS, Inc. (NASDAQ: DRS) during the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,967 shares of the company's stock, valued at approximately $634,000. A number of other large investors also recently
Defense contractors Tat Technologies and Leonardo DRS rose notably this week, as the war in Iran continued.
It handily beat the average analyst projections for revenue and profitability in its fourth quarter of 2025. It's riding a wave of increased defense spending.
Leonardo DRS, Inc. (DRS) Q4 2025 Earnings Call Transcript
Leonardo DRS (NASDAQ: DRS) reported Q4 results topping expectations, with revenue up 8% YoY and net earnings of $102 million.
The headline numbers for Leonardo DRS, Inc. (DRS) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.38 per share a year ago.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the fourth quarter and full year ended December 31, 2025. CEO Commentary “Our 2025 results exemplify another year of exceptional customer demand and double-digit revenue growth. We are investing, innovating and delivering mission-critical capabilities at speed for our customers. Our company's success is intrinsically tied to the success of.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it was awarded multiple contracts for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151 billion. These contracts encompass a broad range of work areas that allow for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. Leonardo DRS is a leading.
A new supercycle may be forming in defense drone stocks as governments accelerate investment in unmanned military technology.
Leonardo DRS is downgraded from strong buy to buy after a 23.7% rally, as the valuation gap has closed. DRS benefits from global defense budget expansion and rising demand for advanced sensor and electronic warfare solutions, supporting mid-to-high single-digit revenue growth. Q4 2025 expectations are for modest 1.4% sales growth and a 2.4% EPS decline, with multi-year EBITDA CAGR projected at 12%.
/PRNewswire/ -- The 2026 defense cycle is officially underway with a massive $900.6 billion Pentagon budget authorization[1]. This tidal wave of capital is
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it was awarded a subcontract to provide Infrared Mission Payloads in support of the Space Development Agency's (SDA) Tracking Layer Tranche 3 (TRKT3), a piece of the U.S. military's advanced missile defense program. As the space-based mission payload provider, DRS will design, build, integrate, and test advanced infrared mission payloads to support TRKT3's accelerated capability to provide global detection, w.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) today announced the official opening of its new, state-of-the-art naval power and propulsion manufacturing and testing facility in the Charleston, South Carolina region. The more than 140,000-square-foot facility is a major investment to expand domestic production capacity in support of U.S. Navy submarine and shipbuilding programs, including systems for the Columbia-class ballistic missile submarine program. The purpose-built fa.
TEL AVIV, Israel, Jan. 12, 2026 /PRNewswire/ -- Axon Vision (TASE: AXN), a leading provider of AI-powered solutions for defense applications, announced today that it has received an order from Leonardo DRS for the delivery of its new AI-based system for C-UAS missions. Valued at approximately $350,000, the contract covers the delivery of an initial set of systems that provides end-to-end detection, classification, tracking, and interception of aerial threats (C-UAS) and other rapidly evolving threats requiring immediate response.
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, February 24, 2026 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2025 and full year 2025 results. The company plans to issue its quarterly earnings press release prior to the conference call. The live audio broadcast of Leonardo DRS's conference call with corresponding press release and supplemental information will be available on the company's investor relations website.