Leonardo DRS

DRS

Market cap $11.7B

ARLINGTON, Va., July 15, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today the company has signed a contract to supply more than 50,000 Tenum® Orbit™ thermal imaging cameras under a blanket purchase agreement, marking a major production milestone for the company and underscoring growing demand for advanced thermal imaging technology across emerging mission applications.

Leonardo DRS remains a buy, driven by robust demand for radar, power management, and defense electronics in a multi-domain defense supercycle. DRS is positioned to benefit from expanding defense budgets, sensor-rich battlefield trends, and program ramp-ups across naval, air, and land domains. Valuation is attractive with 13–20% upside, supported by EBITDA margin expansion, strong free cash flow growth, and a net cash balance.

ARLINGTON, Va., June 30, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, July 30, 2026 beginning at 10:00 a.m.

Leonardo DRS provides essential defense technologies for the U.S. Navy and Army with a focus on sensing and power systems. Firefly Aerospace offers high-growth potential in the space market with integrated launch, lunar, and in-space service capabilities.

ARLINGTON, Va.--(BUSINESS WIRE)--Announcement of Tenum® 640 Orbit™, an uncooled long-wave infrared (LWIR) thermal camera module for unmanned air, ground, and maritime platforms.

Here is how Leonardo DRS, Inc. (DRS) and Elbit Systems (ESLT) have performed compared to their sector so far this year.

Leonardo DRS, Inc. (DRS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Leonardo DRS, Inc. (DRS) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Leonardo DRS, Inc. (DRS) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.2 per share a year ago.