Leonardo DRS Inc

Leonardo DRS, Inc. engages in the provision of defense products and technologies. It develops and manufactures defense products for the U.S. military, intelligence agencies and allies around the world. Its broad technology portfolio focuses on advanced sensing, network computing, force protection, and electrical power and propulsion, as well as a range of key defense priorities. The company operates through two segments: Advanced Sensors & Computing, and Integrated Mission Systems. The Advanced Sensors & Computing segment has been aligned to push towards a more autonomous future. It consists of six business units, which include Airborne & Intelligence Systems, Daylight Solutions, DRS RADA Technologies, Electro-Optical & Infrared Systems, Land Electronics, and Naval Electronics. The Integrated Mission Systems segment consists of both a ground vehicle integrator and naval power and propulsion system provider. Leonardo DRS was founded by Leonard Newman and David E. Gross in 1969 and is headquartered in Arlington, VA.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Leonardo DRS Inc (DRS) reports robust Q4 performance and outlines growth strategies for 2023

Leonardo DRS Inc (DRS) showcases resilience and growth potential amidst operational achievements and financial strength.
Strategic initiatives, solid financial results, and a clear guidance for 2023 position DRS for sustained success in the defense industry.
Despite challenges and uncertainties, DRS's focus on innovation, customer diversification, and operational excellence bode well for its future growth.

Leonardo DRS Inc (DRS) beats Q1 expectations, eyes future growth

Leonardo DRS Inc (DRS) delivered strong Q1 results, surpassing expectations and demonstrating resilience in a challenging environment. While facing financial declines, the company remains optimistic about future growth prospects, emphasizing confidence in meeting full-year guidance and strategic positioning for success.

Leonardo DRS Inc (DRS) reports robust Q2 performance and optimistic outlook

Leonardo DRS Inc (DRS) delivered strong Q2 results, showcasing growth in revenues, bookings, and backlog. Despite challenges like supply chain issues and inflation, the company remains optimistic about future performance. With a focus on defense budget increases and program successes, DRS is poised for continued growth and success.

Leonardo DRS Inc reports robust Q3 performance and anticipates growth

Leonardo DRS Inc's Q3 performance showed strong revenue growth and backlog increase, with a focus on operational efficiency and cash generation. Challenges in the supply chain persist, but opportunities for growth and margin expansion are anticipated.

Leonardo DRS Inc (DRS) posts strong Q4 results, eyes international growth

Leonardo DRS Inc (DRS) delivered a solid performance in Q4 2023, showcasing revenue growth, strong EBITDA, and a healthy backlog. The company's focus on innovation and international markets positions it well for future growth, despite potential challenges in program margins and M&A.

Leonardo DRS Inc posts stellar Q1 results, eyes growth opportunities

Leonardo DRS Inc delivered strong financial results, showcasing robust revenue growth, margin expansion, and increased profitability.
The company's strategic focus on force protection and customer-driven outcomes positions them well for sustained growth and market leadership.
While facing challenges in working capital management and market dynamics, Leonardo DRS Inc remains optimistic about their future prospects and growth trajectory.

Leonardo DRS Inc (DRS) posts stellar Q2 results and eyes future growth opportunities

Leonardo DRS Inc (DRS) reported strong Q2 2024 results, showcasing robust financial performance and strategic achievements.
The company's focus on operational efficiency, revenue growth, and margin expansion positions it well for future success.
DRS's ability to secure significant contracts, expand facilities, and drive cash flow generation underscores its resilience and growth potential.

Leonardo DRS Inc (DRS) posts robust Q3 results and eyes growth opportunities

Leonardo DRS Inc (DRS) reported strong Q3 2024 performance with notable revenue and earnings growth, driven by key technology demand.
The company's strategic acquisitions, innovation showcases, and financial strength position it well for future growth and market leadership.
While challenges like market competition and operational complexities exist, DRS has opportunities to leverage its strengths for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Polestar Automotive Holding UK PLC

Investors who have spent a long time with the markets will understand that it's difficult to spot multibagger stocks. Often, the stock in the limelight fails to deliver.

3 Under-the-Radar Stocks That Could Make You a Millionaire

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has successfully demonstrated its On Board Vehicle Power (OBVP) technology to provide vehicle-based electrical power in support of vehicle-based weapon systems. The OBVP demonstration was part of a recent U.S. Army Operational User Assessment focused on vehicle to vehicle, and vehicle to grid power generation and power management. DRS installed its OBVP systems on the THAAD Launch Control Station FMTV, Tac.

Leonardo DRS On Board Vehicle Power System Shines in Major U.S. Army Evaluation

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its fifth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUSA) expo in Washington, D.C. to recognize Breast Cancer Awareness Month, and support military members and their families dealing with breast cancer. Leonardo DRS is again partnering with The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF) to raise awareness of breast cance.

Leonardo DRS Celebrates Five Years of Going Pink at AUSA to Raise Money for Military Women and Family Members Suffering from Breast Cancer

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has announced that it will host its investor day on Thursday, March 14, 2024 with presentations scheduled to begin at 9:00 a.m. (ET) in midtown Manhattan near the Nasdaq MarketSite. This event will feature presentations by senior members of the Leonardo DRS management team who will provide further insight into the Company's differentiated portfolio, strategic priorities, operations and growth outlook. Participants will h.

Leonardo DRS to Host Investor Day in New York on March 14, 2024

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Thursday, November 2, 2023 beginning at 10:00 a.m. (ET) to discuss its third quarter 2023 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. To attend t.

Leonardo DRS Schedules Third Quarter 2023 Earnings Conference Call for November 2, 2023

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) (“Leonardo DRS” or the “Company”) today announced that it is taking steps to voluntarily delist its common stock from the Tel Aviv Stock Exchange (the “TASE”). Pursuant to Israeli law, the delisting of Leonardo DRS's common stock is expected to take effect three months following the date of the Company's request to the TASE to delist the Company's common stock, which occurred on September 27, 2023. During the interim per.

Leonardo DRS Announces Voluntary Delisting from the Tel Aviv Stock Exchange

If you are looking for stocks that are well positioned to maintain their recent uptrend, Leonardo DRS, Inc. (DRS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Leonardo DRS, Inc. (DRS) Is a Great Choice for 'Trend' Investors, Here's Why

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it is releasing its next-generation 5-inch stabilized, multi-sensor EO/IR payload gimbal, with market leading high-definition nighttime imaging capability. The Small Unmanned Aircraft System Tactical Agile Gimbal (STAG)-5 LLD gimbal is designed for small, unmanned aircraft systems, including common launch tube UASs, small tactical multirotor UAVs, and light fixed-wing aircraft and helicopters. The STAG-5 LLD.

Leonardo DRS Unveils New 5-inch Electro-Optical/Infrared Stabilized Gimbal for Group 1 UAS Platforms

Lockheed Martin

Northrop Grumman

Last year, global military expenditure increased by 3.7% in real terms to touch new highs of $2.24 trillion. It's noteworthy that military spending in Europe witnessed the steepest year-on-year increase in the last 30 years.

3 Defense Stocks to Buy and Hold Until 2030

Leonardo DRS, Inc. (DRS) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Leonardo DRS, Inc. (DRS) Should Keep going

Leonardo DRS, Inc. (NASDAQ:DRS ) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Steve Vather - Vice President, Investor Relations and Corporate Finance Bill Lynn - Chairman and CEO Mike Dippold - Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Peter Arment - Baird Jon Tanwanteng - CJS Securities Michael Ciarmoli - Truist Operator Ladies and gentlemen, good day. And welcome to the Leonardo DRS Second Quarter Fiscal Year 2023 Earnings Conference Call.

Leonardo DRS, Inc. (DRS) Q2 2023 Earnings Call Transcript

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2023, which ended June 30, 2023. CEO Commentary “Leonardo DRS delivered strong second quarter results consistent with our expectations. Organic revenue growth continued to accelerate and resilient customer demand bolstered our bookings in the quarter. While the operating environment remains complex, our year to d.

Leonardo DRS Announces Financial Results for Second Quarter 2023

Moog (MOG.A) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.61 per share a year ago.

Moog (MOG.A) Lags Q3 Earnings Estimates

Raytheon Technologies

There are specific sectors that will continue to deliver steady growth through the decade. Without a doubt, the defense sector will be on that list and it's a good time to remain invested in some of the best defense stocks.

3 Defense Stocks to Buy and Hold Forever

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its Airborne and Intelligence Systems business unit was awarded a Raytheon Technologies Premier Award for performance in 2022 and overall excellence in collaboration and customer service. The recognition is based on the partnership between Leonardo DRS and Raytheon's Collins Aerospace division for the Tactical Combat Training System Increment II (TCTS II) program. The Premier Award is an annual recognition pl.

Leonardo DRS Earns Raytheon Technologies Premier Award

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its Land Systems business unit facility in Bridgeton, Mo. has been awarded the 2023 James S. Cogswell Award for Outstanding Industrial Security Achievement by the Defense Counterintelligence and Security Agency (DCSA). Leonardo DRS was one of only 19 companies chosen for this prestigious award out of more than 12,000 eligible cleared facilities in the National Industrial Security Program (NISP). The company's.

Leonardo DRS Recognized for Commitment to National Security with 2023 James S. Cogswell Award

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Wednesday, August 2, 2023 beginning at 10:00 a.m. (ET) to discuss its second quarter 2023 results. The company plans to issue its quarterly earnings press release prior to the conference call. On July 28, 2023, Leonardo DRS's majority stockholder, Leonardo S.p.A., is expected to announce its consolidated first half 2023 financial results, which will include select financial and operati.

Leonardo DRS Schedules Second Quarter 2023 Earnings Conference Call for August 2, 2023

Albemarle

Ardmore Shipping

Hecla Mining

Li Auto Inc.

MINISO Group Holding

Riot Blockchain

Last year was terrible for growth stocks. All thanks to optimistic estimates being revised and policy tightening by the central bank.

7 Growth Stocks to Buy Right This Minute

The S&P 500 index currently trades at 4,300. Based on estimates, the index is likely to trade at 4,500 by the end of 2024.

3 Stocks to Buy for 100% Returns by 2024

Bausch + Lomb Corp

Cvent Holding Corp

Penske Automotive Group

Southern Copper

Vita Coco

Corsair Gaming

EverCommerce

Evolv Technologies Holdings

Fluence Energy

Flex Lng Ltd

Hercules Capital

Instructure Holdings

IonQ

LifeStance Health Group

Life Time Group Holdings

Nano-X Imaging

Symbotic Inc

Target Hospitality Corp

Tootsie Roll Industries

Stocks that are difficult to sell short are likely to be overvalued, a new study finds. These fit the bill.

20 Stocks That Look Like They're in Bubble Territory Right Now

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it is releasing its next-generation stabilized, multi-sensor EO/IR payload gimbal for small to medium Unmanned Aircraft Systems, light fixed-wing aircraft and helicopters. The Small Unmanned Aircraft System Tactical Agile Gimbal (STAG)-8 gimbal is designed to deliver improved intelligence surveillance reconnaissance and targeting mission performance. The STAG-8 gimbal provides a combination of the newest smal.

Leonardo DRS Unveils New 8-inch Electro-Optical/Infrared Stabilized Gimbal for Group 2 and 3 UAS Platforms

Borr Drilling Ltd

Lithium Americas Corp

Scorpio Tankers

At the beginning of 2022, the S&P 500 index was trading close to 4,800. Almost 18 months later, the index trades lower by 8.7% at 4,374.

7 Stocks to Buy for Huge Gains in a Difficult Market

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a new contract to produce its next-generation infrared weapon sights for U.S. Army infantry snipers. The firm-fixed-price contract from the Army's Contracting Command is valued at more than $94 million over five years. Under the contract, Leonardo DRS will produce the advanced system known as the Family of Weapon Sights – Sniper, Improved Night / Day Observation Device Block III. The advanced.

Leonardo DRS Awarded $94 Million Contract for Advanced Infrared Weapon Sights for Army Snipers

Since November 2022, Leonardo DRS gained 45% while its mother company was only up by 32%. Leonardo DRS is gaining support thanks to the Biden administration's 2024 defense budget. Positive news on Leonardo's core business also supports our buy rating.

Leonardo: DRS Upside To Price In

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, announced today that it has been added to the Russell 2000® and broad-market Russell 3000® Indexes as part of the 2023 Russell index annual reconstitution, which will be effective after the US market opens on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strateg.

News for Leonardo DRS Inc Stock (DRS)