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, Inc. (Nasdaq: DRS) is a defense technology company headquartered in Arlington, Virginia, focused on advanced sensing, network computing, force protection, and electric power and propulsion. The DRS news page on Stock Titan aggregates company announcements, financial updates and program milestones so readers can follow how these capabilities evolve across land, sea, air, space and cyber domains.
News about Leonardo DRS often covers developments in its two reporting segments, Advanced Sensing and Computing and Integrated Mission Systems. Articles may highlight demand trends in areas such as advanced infrared sensing, naval network computing, tactical radar, counter-unmanned aircraft systems, and electric power and propulsion programs. Company releases also discuss contract awards, memoranda of intent with international partners, and collaborations aimed at ground combat vehicle modernization, battle management systems and naval propulsion.
Investors and industry observers can use this news stream to track leadership and governance updates, including changes in executive roles and board positions that are disclosed through coordinated SEC filings and press releases. Earnings announcements and conference call schedules provide insight into the company’s financial performance and backlog across its core markets.
Because Leonardo DRS serves U.S. national security customers and allies worldwide, its news flow can also include information on international agreements, technology demonstrations and space-based communications milestones. Bookmark this page to monitor the latest publicly released information on Leonardo DRS’s defense technology programs, financial reporting events and strategic partnerships.
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.
Leonardo DRS (Nasdaq: DRS) announced the appointment of Reuben Jeffery III to its Board of Directors, effective April 1, 2026. He succeeds David W. Carey, who is retiring at term end. Jeffery brings public policy, global finance, and corporate governance experience from senior government roles and two decades on Wall Street.
Jeffery served as CEO of Rockefeller & Co. (2010–2018), held senior U.S. government posts including CFTC chair, and earned degrees from Yale and Stanford.
Leonardo DRS (NASDAQ: DRS) announced on March 3, 2026 that Dr. Philip Perconti, Senior Vice President & Chief Technology Officer, was named to the inaugural 2026 Defense News Index: Tech Disruptors list.
Perconti leads corporate R&D strategy, accelerates technology innovation, and has prior service as Army Chief Scientist and director of the U.S. Army Research Laboratory with oversight of programs exceeding $1.2 billion.
Leonardo DRS (Nasdaq: DRS) reported Q4 2025 revenue of $1.06B and full-year revenue of $3.65B, with 2025 net earnings of $278M and adjusted EBITDA of $453M. Bookings were $4.25B for 2025 (book-to-bill 1.2x) and backlog ended at $8.73B. The company recognized a net non-routine impact from a $100M, 10-year quantum laser IP license and a legacy program conclusion. DRS initiated 2026 guidance of $3.85B–$3.95B revenue and adjusted diluted EPS of $1.20–$1.26.
Leonardo DRS (Nasdaq: DRS) was awarded multiple contracts under the Missile Defense Agency SHIELD IDIQ, an indefinite-delivery/indefinite-quantity vehicle with a $151 billion ceiling. The awards enable rapid delivery of next-generation air and missile defense capabilities and position DRS to compete for future task orders.
Backed by a nationwide industrial footprint, DRS said it will apply rapid design and manufacturing to accelerate fielding for the warfighter.
Leonardo DRS (Nasdaq: DRS) was awarded a subcontract to provide advanced infrared mission payloads for the Space Development Agency Tracking Layer Tranche 3 (TRKT3) supporting U.S. missile defense.
DRS will design, build, integrate, and test space-based infrared payloads to enable global detection, warning, and tracking of ballistic missiles and hypersonic weapons, and to deliver precision fire-control sensing data for interceptors. The award reflects DRS’ multi-domain infrared expertise across ground, sea, air, and space and aligns with its strategic focus on advanced sensing, secure communications, and laser technologies for national security missions.
Leonardo DRS (NASDAQ: DRS) opened a new 140,000-square-foot naval power and propulsion manufacturing and testing facility in the Charleston, South Carolina region on January 23, 2026. The purpose-built site provides advanced manufacturing, final assembly, integration, and testing for large components, including electric propulsion, power generation, and naval steam turbine systems. The facility is intended to expand domestic production capacity for U.S. Navy submarine and shipbuilding programs, specifically supporting Columbia-class submarine systems, and to enable scaled delivery of integrated power architectures for next-generation surface combatants and submarines.
Leonardo DRS (Nasdaq: DRS) will hold a conference call on February 24, 2026 at 10:00 a.m. ET to discuss fourth quarter 2025 and full year 2025 results.
The company will issue its quarterly earnings press release prior to the call and provide a live audio webcast, press release, and supplemental materials on its investor relations website. Registration is required to attend the call or webcast at the company investor site. A replay will be posted about two hours after the call and will remain available for 90 days.
Leonardo DRS (NASDAQ: DRS) named Sally Wallace Executive Vice President and Chief Operating Officer, effective immediately. Wallace will continue to report directly to CEO John Baylouny.
Wallace has been with Leonardo DRS since 2002, served as Executive Vice President, Business Operations since 2016, and previously led the C4ISR group. The announcement highlights her more than twenty-five years of defense industry and operational leadership and lists advanced degrees in business and engineering.