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.

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Leonardo DRS, Inc. (NASDAQ:DRS ) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Steve Vather - SVP, IR & Corporate Finance Bill Lynn - Chairman & CEO Mike Dippold - CFO Conference Call Participants Peter Arment - Baird Robert Stallard - Vertical Research Seth Seifman - JPMorgan Mariana Perez Mora - Bank of America Samuel Struhsaker - Truist Securities Jonathan Tanwanteng - CJS Securities Operator Ladies and gentlemen, good day, and welcome to Leonardo DRS First Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

Leonardo DRS, Inc. (DRS) Q1 2024 Earnings Call Transcript

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.07 per share a year ago.

Leonardo DRS, Inc. (DRS) Q1 Earnings and Revenues Top Estimates

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2024, which ended March 31, 2024. CEO Commentary “Leonardo DRS delivered exceptional first quarter 2024 results, highlighted by solid bookings, robust double-digit organic growth, significant profit growth and margin expansion. This incredible start to the year continues to demonstrate the strength of our portfolio and is.

Leonardo DRS Announces Financial Results for First Quarter 2024

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ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with the prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor that unlocks the ability for advanced military and scientific capabilities across multiple domains, including space. The award was presented by the Military Sensing Symposium Materials and Detectors Specialty Group. The 2024 award recognized DRS's work in developing the linear mode Hg.

Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared Sensor

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, May 1, 2024 beginning at 10:00 a.m. (ET) to discuss its first 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 release and supplemental information will be available on the company's investor relations website. To attend the conference.

Leonardo DRS Schedules First Quarter 2024 Earnings Conference Call for May 1, 2024

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today its newest combat computing product as its latest addition to the company's proven tactical computing portfolio of products used across U.S. and allied militaries. This new offering is fully compliant with the U.S. Army's C4ISR/Electronic Warfare Modular Open Suite of Standards (CMOSS). This modular open systems architecture (MOSA) platform will enable flexibility and advanced capabilities intended to converge sel.

Leonardo DRS Introduces New Mounted Form Factor Mission System to Address the U.S. Army's CMOSS Modernization Initiative

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ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, hosted its first investor day since its return to the public markets in November 2022. The event featured presentations from members of the executive leadership team who detailed the company's differentiated portfolio, strategic priorities, operations and growth outlook. During the presentation, the company issued the following: Reaffirmation of 2024 guidance previously issued.

Leonardo DRS 2024 Investor Day Highlights

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, will host its investor day in-person in New York and via webcast with financial analysts and institutional investors today, March 14, 2024, beginning at 9:00 a.m. E.T. and concluding at approximately 11:45 a.m. E.T. During the event, the Leonardo DRS management team will discuss the company's differentiated portfolio, strategic priorities, operations and growth outlook. Prepar.

Leonardo DRS to Host Investor Day

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Leonardo DRS, Inc. (DRS) Q4 2023 Earnings Call Transcript

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has signed a ground lease in the Charleston, South Carolina metropolitan area to develop a state-of-the-art manufacturing facility, allowing the company to grow its naval propulsion capability and streamline its support of priority U.S. Navy programs. When complete there will be over 140,000 square feet of purpose-built advanced manufacturing, assembly and testing space representing an approximate net inve.

Leonardo DRS Signs Land Lease to Build State-of-the-Art Naval Propulsion Manufacturing and Test Facility Near Charleston, S.C.

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.35 per share a year ago.

Leonardo DRS, Inc. (DRS) Q4 Earnings and Revenues Beat Estimates

ARLINGTON, Va.--(BUSINESS WIRE)--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, 2023. CEO Commentary “We delivered solid 2023 financial results, which continue to demonstrate the strength of our portfolio and the clear customer demand for our technologies. I am incredibly proud of the tremendous effort from the entire team to execute for our customers, drive innovatio.

Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2023

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Leonardo DRS, Inc. (DRS) is on the Move, Here's Why the Trend Could be Sustainable

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Recent Price Trend in Leonardo DRS, Inc. (DRS) is Your Friend, Here's Why

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