Leonardo DRS reports Q2 results at 7:30 AM ET with investors parsing defense electronics shipments and electronic warfare contract wins in a period of elevated demand.
Leonardo DRS :
DRS
DRS
Stock Data
$40.70
$0.30 (0.73%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
AEROSPACE & DEFENSE
Leonardo DRS Inc, based in Arlington, Virginia, specializes in defense electronics and systems, offering a wide range of products and services to the U.S. and allied defense sectors. Its operations span two main segments: Advanced Sensing and Computing (ASC), which focuses on real-time situational awareness technologies, including advanced detection, precision targeting, and surveillance, and Integrated Mission Systems (IMS), which deals with power conversion, control, and distribution systems, ship propulsion, and force protection systems. A subsidiary of Leonardo S.p.A., Leonardo DRS is known for its contributions to military support services and defense electronic products since 1968.
Latest Activity
Leonardo DRS delivered a 27% EPS beat on disciplined execution across tactical radars and infrared sensing, while also announcing a $450 million acquisition of AI software specialist Raft to accelerate its mission software capabilities. Full-year adjusted EPS guidance raised to $1.34-$1.39 from $1.26-$1.30.
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