Welcome to our dedicated page for Leonardo DRS SEC filings (Ticker: DRS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Leonardo DRS filings document a Nasdaq-listed defense technology company with common stock outstanding and operations in advanced sensing, network computing, force protection, and electric power and propulsion. Form 8-K reports furnish quarterly and annual operating results, financial outlook materials, cash dividends, bookings and funded backlog information, and credit-facility agreements used for working capital and general corporate purposes.
Proxy and governance filings cover director elections, executive compensation, board committee assignments, and proxy holder director arrangements tied to government security requirements. The filing record also includes leadership succession disclosures, material agreements, Regulation FD presentations, and governance and control matters relevant to its defense contractor ownership structure.
Leonardo DRS, Inc. executive vice president and CFO Michael Dippold sold 16,330 shares of common stock in an open‑market transaction at $45.27 per share. The sale was carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted on June 13, 2025. After this transaction, he directly held 26,622 shares of Leonardo DRS common stock.
Leonardo DRS, Inc. executive Mark Dorfman, EVP, General Counsel and Secretary, sold 10,014 shares of common stock in an open-market transaction. The sale occurred at a price of $45.27 per share. After this transaction, he directly holds 17,666 shares of Leonardo DRS common stock.
According to a footnote, this sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Dorfman on June 13, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
DRS affiliate Michael Dippold filed a Form 144 to sell 16,330 shares of Common Stock, identified as securities from a restricted stock vesting event. The filing lists a reported aggregate market value of $739,259.10 and an outstanding share count of 265,846,193 shares as of 03/16/2026.
The notice also records 10,588 shares sold on 01/05/2026 for $391,756.00, shown under "Securities Sold During The Past 3 Months."
DRS reported a proposed sale of Common Stock following a restricted stock vesting. The filing lists 10,014 shares tied to a restricted stock vesting event dated 03/15/2025. The filing also discloses that Mark Dorfman sold 7,680 shares on 01/05/2026 for $284,160.00.
Leonardo DRS, Inc. reported board changes tied to its proxy agreement with its majority stockholder and U.S. government security requirements. David W. Carey will retire from the Board at the end of his proxy holder term on March 31, 2026, with no disagreements cited regarding the company’s operations, policies, or practices.
The Defense Counterintelligence Security Agency approved the appointment of Reuben Jeffery III as a Class C proxy holder director, with his Board term running from April 1, 2026 through March 31, 2029. He will serve on the Audit, Nominating and Corporate Governance, and Government Security Committees and receive the standard non-employee director compensation.
The filing also notes that Dr. Louis Brothers’ term as a proxy holder director has been extended, with reappointment effective April 1, 2026 and continuing through March 31, 2029. These moves maintain the Board’s proxy holder structure under the amended and restated proxy agreement.
Leonardo DRS, Inc. director Casey George reported an open-market sale of 1,500 shares of common stock on March 4, 2026, at a price of $45.135 per share. After this transaction, George directly holds 28,820 shares of Leonardo DRS common stock.
Leonardo DRS, Inc. senior vice president and controller Pamela Morrow reported an open-market sale of 12,000 shares of common stock at a weighted average price of $45.20 per share. After this transaction, she holds 6,494 shares of Leonardo DRS common stock directly.
The filing notes that the shares were sold in multiple trades within a price range of $45.15 to $45.225, and the reporting person has offered to provide full trade-level details upon request.
Fidelity Brokerage Services LLC filed a Rule 144 notice to sell 12,000 common shares on 03/03/2026. The sale is listed through Fidelity Brokerage Services at 900 Salem Street, Smithfield, RI. The filing lists restricted stock vesting lots of 2,117 (03/15/2023), 2,196 (03/15/2024), 2,277 (04/04/2024), and 5,410 (11/29/2024).
Leonardo DRS, Inc. files its Annual Report describing a mid-sized defense technology business focused on U.S. national security customers and allied forces. The company operates through two segments: Advanced Sensing and Computing, and Integrated Mission Systems, supplying sensing, network computing and naval electric power and propulsion solutions.
About 80% of 2025 revenue came directly or indirectly from U.S. government contracts, heavily concentrated in the Department of War, making federal defense budgets and shutdowns critical to its outlook. Revenue is largely from fixed-price work, with 2025 sales of $3,205 million on firm-fixed price contracts and $443 million on flexibly priced contracts, which exposes the business to cost overrun and inflation risk.
The company reports funded backlog of $4,643 million as of December 31, 2025 and emphasizes long-term Navy shipbuilding and ground systems positions. It highlights extensive regulatory, security clearance, FOCI mitigation and export-control obligations, and details numerous risk factors ranging from government funding changes and audits to supply chain disruptions, cybersecurity, labor, environmental and governance constraints under its proxy agreement with the Department of War.