Leonardo DRS

DRS

Market cap $11.3B

TEL AVIV, Israel, Jan. 12, 2026 /PRNewswire/ -- Axon Vision (TASE: AXN), a leading provider of AI-powered solutions for defense applications, announced today that it has received an order from Leonardo DRS for the delivery of its new AI-based system for C-UAS missions. Valued at approximately $350,000, the contract covers the delivery of an initial set of systems that provides end-to-end detection, classification, tracking, and interception of aerial threats (C-UAS) and other rapidly evolving threats requiring immediate response.

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, February 24, 2026 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2025 and full year 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 and supplemental information will be available on the company's investor relations website.

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been with the company since 2002, will assume her new responsibilities effective immediately and will continue to report directly to CEO John Baylouny. “Wallace is a strong leader and a trusted partner. Throughout her tenure at Leonardo DRS, she has been instrumental in driving excellence and business impr.

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that John Baylouny has officially assumed the role of President and Chief Executive Officer, effective January 1, 2026. Baylouny is deeply rooted in the organization, bringing more than 35 years of experience across senior leadership, engineering, design, operations, and P&L leadership roles. As COO, he oversaw the company's workforce across both operating segments and drove enterprise strategy for next-genera.

ARLINGTON, Va.--(BUSINESS WIRE)--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 tactical edge. The eXtended Crypto Module3-Space (XCM3-Space) adapts the company's next-generation crypto and multi-c.

TEL AVIV, Israel , Dec. 3, 2025 /PRNewswire/ -- Axon Vision (TASE: AXN) announced today a strategic cooperation agreement with Leonardo DRS to pursue opportunities in advanced situational awareness, lethality, and survivability, with special emphasis on Counter-UAS (C-UAS) solutions in the U.S. defense market. The partnership is expected to address a critical demand for on-platform AI-driven capabilities that support force protection and platform modernization.

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.