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16.12.2025
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Leonardo DRS Achieves Major Milestone with First Space-Based Test of Next-Generation Secure Data Transport Capability
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful first on-orbit test of its revolutionary multi-channel software-defined radio (SDR) with integrated advanced cryptography. This milestone marks a significant advance in validating a technology poised to establish a new standard for secure U.S. military satellite data transport at the...
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08.12.2025
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Leonardo DRS and Kingdom of Saudi Arabia Ministry of Defense Agree to Expand Collaboration
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a Memorandum of Intent (MOI) with the Kingdom of Saudi Arabia’s Ministry of Defense (MOD) to explore opportunities for MOD ground combat vehicles and dismounted forces in support of the country’s Vision 2030 defense modernization roadmap.
The MOI was signed in Washington, D.C. fo...
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13.11.2025
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Leonardo DRS and Chaiseri Defense Strengthen Partnership with New Battle Management System Contract to Support Royal Thai Army
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a contract from Chaiseri Defense Systems to provide its advanced Battle Management System (BMS) and integration support services to modernize the Royal Thailand Army’s Stryker situational awareness capabilities. The agreement underscores the strong and growing partnership between...
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20.10.2025
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04.11.2025
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Leonardo DRS Signs Agreement with Australian Heavy Engineering Company with Intent to Advance Global Maritime Defense Projects
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Leonardo DRS, Inc. (Nasdaq: DRS) and Hofmann Engineering Pty. Ltd. today announced their intent to form a strategic partnership to examine opportunities for the joint pursuit of advanced allied navy propulsion needs, as well as providing capabilities to open capacity to accelerate U.S. Navy ship and submarine production.
Under a recently signed M...
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20.10.2025
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29.10.2025
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Leonardo DRS Announces Board and CEO Transition
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Leonardo DRS, Inc. (Nasdaq: DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the company. The Board of Directors has unanimously named John Baylouny as President & Chief Executive Officer and a member of the Board. Additionally, the Board of Directors has unani...
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29.10.2025
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Leonardo DRS Announces Financial Results for Third Quarter 2025
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Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025.
CEO Commentary
“Broad-based customer demand was evident in our exceptional bookings and organic revenue growth in the third quarter. Our year-to-date performance put...
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14.10.2025
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Leonardo DRS Awarded Contract to Develop Advanced Vehicle-Based Power Generation Capability for U.S. Army
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract by the U.S. Army to develop prototype Vehicle Integrated Power Kits (VIPKs) to support the growing need for easy-to-access, on-demand electrical power in the field. The kits will deliver scalable, exportable power directly from tactical vehicles to mission-critical sys...
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13.10.2025
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Leonardo DRS and KNDS Sign Strategic Teaming Agreement to Offer High-Performance Self-Propelled Howitzer to U.S. Army
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Leonardo DRS and KNDS announced today that they have entered into a strategic teaming agreement to offer a high-performance, self-propelled howitzer system to the U.S. defense market. The team intends to present the U.S. Army with the CAESAR® Self-Propelled Howitzer, a combat-proven and reliable system that addresses the U.S. Army’s needs for grea...
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12.10.2025
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Leonardo DRS Unveils SAGEcore™ Ruggedized AI Software Platform for Real-time Threat Detection and Decision Support at the Tactical Edge
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today the launch of SAGEcore™, an integrated software platform that brings artificial intelligence, advanced sensors and edge computing together in a single, deployable solution for use on tactical platforms across multi-domain environments.
Designed for real-time battlefield operations, SAGEcore is opt...
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10.10.2025
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Leonardo DRS Marks Seventh Year of “Going Pink” at AUSA to Support Military Families Facing Breast Cancer
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today it will mark its seventh year of supporting the “Stick It to Cancer” fundraiser at the 2025 AUSA Annual Meeting & Exposition in Washington, D.C., recognizing Breast Cancer Awareness Month and supporting military members and families affected by breast cancer.
As part of this ongoing initiative...
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09.10.2025
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Leonardo DRS Wins First Place in DoD Counter-UAS Competition, Reinforcing Leadership in Air Defense Capabilities for the U.S. Military
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it won first place in a Department of Defense counter drone competition by demonstrating an advanced electronic warfare system that can be integrated into the company’s range of proven and fielded counter-UAS (C-UAS) capabilities. This latest capability highlights the company’s leadership role...
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08.10.2025
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Hoverfly Technologies Secures $20 Million Series B Investment to Accelerate Growth and Strengthen U.S. Drone Capabilities
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The investment comes from existing production partner and leading defense technology company Leonardo DRS and new investor Korea Robot Manufacturing (KRM)
SANFORD, Fla., Oct. 8, 2025 /PRNewswire/ -- Hoverfly Technologies, the leading provider of tethered drone...
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20.10.2025
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03.10.2025
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Leonardo DRS Announces Time Change for its Third Quarter 2025 Earnings Conference Call
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Leonardo DRS, Inc. (Nasdaq: DRS) will now host a conference call on Wednesday, October 29, 2025 beginning at a revised time of 9:30 a.m. (ET) to discuss its third quarter 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 corr...
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08.09.2025
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Leonardo DRS Launches New AI-Enabled Rugged Smart Displays
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today the launch of its new product line of high-performance AI-enabled Ground Vehicle Architecture Smart Display systems called Rugged Smart Displays - Ground (RSD-G). The next-generation, tactical computing systems are designed to set a new standard for ruggedness, performance, and connectivity over exi...
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30.07.2025
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Leonardo DRS Announces Financial Results for Second Quarter 2025
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Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the second quarter 2025, which ended June 30, 2025.
CEO Commentary
“Leonardo DRS delivered another set of strong financial results marked by healthy bookings, solid organic revenue growth and continued profit and margin e...
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30.06.2025
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Leonardo DRS Schedules Second Quarter 2025 Earnings Conference Call for July 30, 2025
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Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, July 30, 2025 beginning at 10:00 a.m. (ET) to discuss its second quarter 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 re...
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09.06.2025
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Leonardo DRS Awarded $41 Million Contract to Provide Combat Management System Hardware for U.S. and Allied Navies
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a $41 million contract from the Naval Sea Systems Command to continue delivering critical combat management system hardware for U.S. Navy surface combatants, allied naval forces, and the U.S. Coast Guard.
Under the contract, Leonardo DRS will provide a range of advanced ha...
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01.05.2025
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Leonardo DRS Announces Financial Results for First Quarter 2025
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Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2025, which ended March 31, 2025.
CEO Commentary
“Our first quarter 2025 financial results exceeded our expectations and reflect a solid start to the year. Our differentiated portfolio continues to exhibit...
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02.04.2025
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Leonardo DRS Schedules First Quarter 2025 Earnings Conference Call for May 1, 2025
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Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 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...
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26.03.2025
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Leonardo DRS to Develop Prototype Next-Generation Weapons Control System for U.S. Army M109A7 Paladin
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a prototype project award by the U.S. Army to modernize the Paladin Electric Servo Amplifier (PESA) electric weapon control system for the M109A7 Paladin self-propelled howitzer. The OTA award is worth $16.9 million.
The PESA is a critical technology to the operation of the M10...
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25.03.2025
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Leonardo DRS Launches Next-Generation A.I. Processor to Give Warfighters Greater Tactical Edge
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Leonardo DRS, Inc. (NASDAQ: DRS) today introduced its high-performance Artificial Intelligence Processor (AIP) latest computing system, designed to quickly deliver real-time threat detection, situational awareness, and advanced mission processing directly to military vehicles.
Built for high-speed processing in extreme environments, the ruggedize...
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24.03.2025
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Leonardo DRS Celebrates Delivery of 100,000th Mission Critical Combat Computing System to the U.S. Army
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered its 100,000th mission command computing system, known as the Mounted Family of Computer Systems (MFoCS), to the U.S. Army. The delivery marks more than two decades of providing the U.S. military with advanced situational awareness and tactical computing system capability for gr...
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06.03.2025
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Leonardo DRS Announces Successful Delivery of Next-Generation Voice Communication Systems for U.S. Navy Arleigh Burke DDG51-Class Destroyers
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today the delivery of its first next-generation Integrated Voice Communication Systems (IVCS) in support of the U.S. Navy’s Arleigh Burke DDG51-class destroyers. The state-of-the-art systems provide mission-critical ship-wide communications vital for ensuring effective operations across all surface navy m...
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04.03.2025
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Leonardo DRS Quantum-Focused Laser Technology Receives Prestigious Award for Groundbreaking Innovation
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its cutting-edge Stretto® semiconductor laser technology has been honored with the prestigious SPIE Prism Award for its exceptional innovation in Quantum Technologies for 2025. The annual award honors the best new optics and photonics products on the market.
The company’s Stretto® product line...
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24.02.2025
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Leonardo DRS Receives $45 Million U.S. Navy Investment Commitment to Bolster US Submarine Industrial Base
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a $45 million U.S. Navy Submarine Industrial Base (SIB) investment commitment through contracts with HII’s Newport News Shipbuilding. The investment is expected to expand the capabilities of DRS’s new, 140,000 square-foot naval propulsion manufacturing facility currently under-c...
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20.02.2025
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Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2024
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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, 2024.
CEO Commentary
“Our 2024 financial results exceeded our expectations. DRS delivered record bookings, mid-teens organic revenue growth, healthy adjusted EBITDA margin...
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13.02.2025
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Leonardo DRS Awarded Contract to Integrate Critical C4I Capabilities into New Royal Thailand Army Stryker Vehicles
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract to provide and integrate the latest Battle Management Systems (BMS) C4I hardware and software into new Royal Thailand Army combat vehicles. The total value of the award is more than $7 million. The contract was awarded by the U.S. Army through the U.S. Government Grant...
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13.01.2025
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Leonardo DRS Awarded $99 Million Contract to Modernize U.S. Army’s Mortar Fire Control System
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The firm fixed-price IDIQ contract is worth more than $99 million.
Under the contract, Leonardo DRS is responsible for the production and delivery of fire control systems and fielding s...
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10.01.2025
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Leonardo DRS Schedules Fourth Quarter 2024 and Full Year 2024 Earnings Conference Call for February 20, 2025
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Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and full year 2024 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...
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17.12.2024
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Leonardo DRS Recognized as a Subcontract Supplier of the Year by BAE Systems
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with two awards from BAE Systems for outstanding supplier performance and a commitment to operational excellence in 2024. Leonardo DRS was recognized with BAE Systems’ Subcontract Supplier of the Year award for creating and delivering best-in-class products that support t...
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31.10.2024
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U.S. Navy Awards Leonardo DRS $235 Million Production Contract for AN/SPQ-9B Ship Protection Radar
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to produce ship-based air and surface target detection AN/SPQ-9B radars. The contract includes options, if exercised over five years, would bring the cumulative value to more than $235 million.
Under the contract, Leonardo DRS will manufacture, inspect, an...
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30.10.2024
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Leonardo DRS Announces Financial Results for Third Quarter 2024
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Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2024, which ended September 30, 2024.
CEO Commentary
“We delivered strong third quarter results, highlighted by robust bookings, mid-teens organic revenue growth, increases to all of our key profit metrics...
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15.10.2024
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Leonardo DRS Awarded Contract to Deliver Additional Mission Equipment Packages for New SGT Stout Maneuver Short-Range Air Defense Platforms
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Leonardo DRS, Inc. (NASDAQ: DRS) announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide additional mission equipment packages (MEP) for new SGT Stout Maneuver Short Range Air Defense (M-SHORAD) Stryker capability. The contract is valued at more than $77 million and as part of this contract Leonardo DRS wil...
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14.10.2024
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Leonardo DRS Celebrates Six Years of Going Pink at AUSA to Raise Money for Military Women and Family Members Suffering From Breast Cancer
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its sixth 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.
To raise awareness of breast canc...
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14.10.2024
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Leonardo DRS and BlueHalo Successfully Demonstrate New Counter-UAS Directed Energy Stryker, Shooting Down Drones in Live-Fire Engagement
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Leonardo DRS, Inc. (NASDAQ: DRS) and BlueHalo announced today the successful live-fire demonstration of a new Counter Unmanned Aircraft System (C-UAS) Directed Energy (DE) Stryker designed to defeat Group 1-3 UAS with multiple kinetic and non-kinetic defeat technologies.
This press release features multimedia. View the full release here: https://w...
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25.09.2024
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Leonardo DRS Schedules Third Quarter 2024 Earnings Conference Call for October 30, 2024
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Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, October 30, 2024 beginning at 10:00 a.m. (ET) to discuss its third quarter 2024 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 r...
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10.09.2024
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Leonardo DRS Delivers Critical C5I Capabilities for New Australian Army Combat Vehicles
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered, ahead of schedule, critical C5I capabilities for the Australian Army’s Heavy Armoured Capability Systems. The delivery provides the new vehicles with the latest situational awareness technology allowing the Australian Army to keep ahead of new and emerging threats in the regio...
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27.08.2024
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Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army. The production order for $117 million was made under the current Family of Weapon Sights – Individual (FWS-I) IDIQ contract.
Leveraging DRS’s uncooled thermal imaging technology,...
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22.08.2024
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Leonardo DRS Awarded $49 Million Contract for Additional Advanced Joint Assault Bridge Systems
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to build additional advanced Joint Assault Bridge systems for the U.S. Army and the Romanian military (through a Foreign Military Sales agreement). Under the contract, the award is worth more than $49 million.
The Joint Assault Bridge (JAB) is a next-generation...
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20.08.2024
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Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights
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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its advanced Sniper Weapon Sights for U.S. Army snipers. The recently awarded production order for $52 million was made under the current Family of Weapon Sights–Sniper (FWS-S) IDIQ contract.
Incorporating DRS’s proven cooled infrared imagi...
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