Leonardo DRS Stock News

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 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 supplementa...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a prototype project award by the U.S. Army to modernize the Paladin Electric Servo Amplifier (PESA) electric weapon control system for the M109A7 Paladin self-propelled howitzer. The OTA award is worth $16.9 million. The PESA is a critical technology to the operation of the M109A7. Under the p...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) today introduced its high-performance Artificial Intelligence Processor (AIP) latest computing system, designed to quickly deliver real-time threat detection, situational awareness, and advanced mission processing directly to military vehicles. Built for high-speed processing in extreme environments, the ruggedized AIP integrates...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered its 100,000th mission command computing system, known as the Mounted Family of Computer Systems (MFoCS), to the U.S. Army. The delivery marks more than two decades of providing the U.S. military with advanced situational awareness and tactical computing system capability for ground combat veh...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the delivery of its first next-generation Integrated Voice Communication Systems (IVCS) in support of the U.S. Navy's Arleigh Burke DDG51-class destroyers. The state-of-the-art systems provide mission-critical ship-wide communications vital for ensuring effective operations across all surface navy missions. IVCS i...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that its cutting-edge Stretto® semiconductor laser technology has been honored with the prestigious SPIE Prism Award for its exceptional innovation in Quantum Technologies for 2025. The annual award honors the best new optics and photonics products on the market. The company's Stretto® product line is a first-of-i...

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received a $45 million U.S. Navy Submarine Industrial Base (SIB) investment commitment through contracts with HII's Newport News Shipbuilding. The investment is expected to expand the capabilities of DRS's new, 140,000 square-foot naval propulsion manufacturing facility currently under-construction in ...

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