Welcome to our dedicated page for Leonardo DRS news (Ticker: DRS), a resource for investors and traders seeking the latest updates and insights on Leonardo DRS stock.
Leonardo DRS develops and manufactures advanced defense technologies for U.S. national security customers and allied forces across land, air, sea, space and cyber domains. News from DRS commonly covers quarterly results, funded bookings, backlog, program execution and demand across tactical radars, infrared and RF sensing, network computing, force protection, and electric power and propulsion.
Company updates also include product and capability launches such as rugged shipboard power systems, maritime counter-UAS packages, and open-architecture embedded computing for tactical platforms, along with defense contract vehicles, research-and-development activity, board changes and other governance developments.
Leonardo DRS (Nasdaq: DRS) announced a contract to supply more than 50,000 Tenum® Orbit™ thermal imaging cameras under a blanket purchase agreement, described as a major production milestone and evidence of growing demand for compact, high-performance thermal imaging across emerging mission applications.
The agreement positions Leonardo DRS to support high-volume customer needs in areas such as unmanned systems and drones. According to Leonardo DRS, prior investments in factory infrastructure and manufacturing capacity are designed to support annual production in the hundreds of thousands of units, with the Tenum® Orbit™ also engineered for exportability and compliance with international trade regulations.
Leonardo DRS (Nasdaq: DRS) will host a conference call on Thursday, July 30, 2026 at 10:00 a.m. ET to discuss its second quarter 2026 results.
The live webcast, related materials, and a 90-day replay will be available via the company’s investor relations website.
AeroVironment (NASDAQ: AVAV) appointed William J. Lynn III to its Board of Directors, effective June 24, 2026. Leadership highlights his government, national security and defense technology background as valuable as the company pursues growth in a changing global security environment.
Lynn previously served as Chairman and CEO of Leonardo DRS (NASDAQ: DRS) from 2012 to 2026 and as the 30th U.S. Deputy Secretary of Defense, where he led development of the Department of Defense’s first cyber strategy.
Leonardo DRS (Nasdaq: DRS) launched the Tenum® 640 Orbit™, an uncooled long-wave infrared thermal camera module optimized for high-volume OEM integration on unmanned air, ground, and maritime platforms.
The module features 640 x 512 resolution, 10 µm pixel pitch, <20 mK sensitivity, 60 fps, and MIPI CSI/CCS compatibility with optional USB connectivity, targeting Group 1-3 UAVs and other small unmanned systems.
Leonardo DRS (Nasdaq: DRS) reported Q1 2026 results: revenue $846M (+6% YoY), net earnings $62M (+24% YoY), adjusted EBITDA $105M (+28% YoY), and adjusted diluted EPS $0.26 (+30% YoY). Funded backlog reached $4.7B. Board declared a $0.09 per-share cash dividend payable June 2, 2026. The company raised 2026 guidance for revenue, adjusted EBITDA and adjusted diluted EPS ranges.
Leonardo DRS (Nasdaq: DRS) introduced a rugged 2 kVA AC uninterruptible power supply (UPS) built for shipboard and harsh maritime environments. The unit is IP54-hardened and described as military-qualified; qualification testing to applicable MIL-STD requirements (EMI, shock, vibration, salt fog, fungus) will complete this summer.
The UPS targets mission-critical loads outside controlled spaces and is positioned to support naval power-conversion needs for submarines and surface ships.
Leonardo DRS (Nasdaq: DRS) announced the Maritime Mission Equipment Package (M-MEP), an integrated maritime counter-UAS capability fielded on an autonomous unmanned surface vessel (AUSV).
The M-MEP combines maritime radar, EO-IR sensors, SAGEcore™ AI-enabled sensor fusion, networking, and a platform integration kit to detect, identify, track, and defeat aerial unmanned threats and speed fielding across ships and USVs.
Leonardo DRS (Nasdaq: DRS) will hold a conference call on May 5, 2026 at 10:00 a.m. ET to discuss its first quarter 2026 results. The company will issue its quarterly earnings press release prior to the call and provide supplemental materials on its investor relations website.
Live audio and webcast registration are available at the company investor site. A replay will be posted about two hours after the call and remain available for 90 days.
Leonardo DRS (Nasdaq: DRS) introduced THOR, a SOSA-aligned, 3U VPX rugged embedded computing chassis for tactical edge AI, sensor fusion, and multi-domain operations on March 24, 2026.
THOR supports Intel, Arm, and NVIDIA payloads, internal data rates up to 100 Gbps, MIL-STD ruggedization, and is available as a configurable kit or fully integrated subsystem.
Leonardo DRS (Nasdaq: DRS) was awarded an engineering solutions contract under the Advanced Technology Support Program V (ATSP5) to support rapid fielding of emerging technologies for the U.S. military. The IDIQ contract has a total potential value of more than $25 billion over ten years and lists Leonardo DRS as one of 13 awardees. Under ATSP5, Leonardo DRS can deliver work across advanced sensing, computing, integrated mission systems, and R&D in quantum computing, nanoelectronics, additive manufacturing, and submicron engineering. The award enables competition for future task orders across the contract’s period of performance.