Leonardo DRS

DRS

Market cap $8.84B

Leonardo DRS, Inc. is upgraded to Strong Buy after a 22% pullback, presenting an attractive entry point for investors. DRS delivered strong Q3 revenue growth and backlog expansion, though margins were slightly pressured by Germanium costs and ramping R&D. Guidance was tightened, with revenue growth now expected at 10-11% and stable EBITDA, reflecting cautious optimism despite near-term margin softness.

ARLINGTON, Va.--(BUSINESS WIRE)--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 the two companies and reinforces Leonardo DRS's long-term commitment to supporting Thailand's modernization prioritie.

ARLINGTON, Va.--(BUSINESS WIRE)--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 Memorandum of Understanding, the collaboration would build on Leonardo DRS' deep experience in designing and developing.

Two analysts cut their price targets on the defense company. While those reductions weren't drastic, they added to the generally downbeat post-earnings sentiment on the stock.

Leonardo DRS, Inc. ( DRS ) Q3 2025 Earnings Call October 29, 2025 9:30 AM EDT Company Participants Stephen Vather - Vice President of Investor Relations & Corporate Finance William Lynn - Chairman & CEO John Baylouny - Executive VP & COO Michael Dippold - Executive VP & CFO Conference Call Participants Peter Arment - Robert W. Baird & Co. Incorporated, Research Division Robert Stallard - Vertical Research Partners, LLC Michael Ciarmoli - Truist Securities, Inc., Research Division Kristine Liwag - Morgan Stanley, Research Division Anthony Valentini - Goldman Sachs Group, Inc., Research Division Seth Seifman - JPMorgan Chase & Co, Research Division Andre Madrid - BTIG, LLC, Research Division Alexander Christian Preston - BofA Securities, Research Division Jonathan Tanwanteng - CJS Securities, Inc. Austin Moeller - Canaccord Genuity Corp., Research Division Presentation Operator Ladies and gentlemen, good day, and welcome to the Leonardo DRS Third Quarter Fiscal Year 2025 Earnings Conference Call.

Defense contractor Leonardo edged out earnings forecasts in Q3 and beat easily on sales. Leonardo also raised guidance through the end of this year.

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.24 per share a year ago.

ARLINGTON, Va.--(BUSINESS WIRE)--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 unanimously elected Frances (Fran) Fragos Townsend as Board Chair. All changes are effective January 1, 2026. Bill Lynn wa.

ARLINGTON, Va.--(BUSINESS WIRE)--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 puts us on a solid path to deliver double-digit revenue growth and to execute against our financial commitments for 2025. We.

ARLINGTON, Va.--(BUSINESS WIRE)--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 systems—such as communications, electronic warfare, and counter-UAS technologies—without the need for external power sou.