Leonardo DRS Stock News

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 - Vertic...

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

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 Fran...

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 pat...

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 co...

The Pentagon reportedly wants to its missile suppliers to double or even quadruple production.

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS and KNDS announced today that they have entered into a strategic teaming agreement to offer a high-performance, self-propelled howitzer system to the U.S. defense market. The team intends to present the U.S. Army with the CAESAR® Self-Propelled Howitzer, a combat-proven and reliable system that addresses the U.S. Army's needs for greater range and i...