Stock award vesting gives Leonardo DRS (DRS) director Frances F. Townsend 1,006 shares.
Leonardo DRS director Frances F. Townsend received 1,006 shares of common stock on September 30, 2026, due to the vesting of restricted stock units. After this transaction, she directly holds 1,007 restricted stock units and 36,894 shares of common stock. The remaining RSUs are scheduled to vest on December 31, 2026, provided she continues her service on the board.
Leonardo DRS, Inc. Actuals & Estimates (HAN:2VZ)
This article provides an overview of Leonardo DRS, Inc. (2VZ) stock, including its financial actuals and estimates. It details analyst forecasts, upcoming earnings dates, past earnings performance, revenue figures, net income, dividend information, employee count, and EBITDA. The content emphasizes financial transparency and encourages investors to conduct their own research.
Operating expenses (excl. COGS) of Leonardo DRS, Inc. – HAN:2VZ
This article displays the operating expenses (excluding Cost of Goods Sold) for Leonardo DRS, Inc. (HAN:2VZ) as listed on the Hannover Stock Exchange via TradingView. It appears to be a financial data point without further textual analysis or context in the provided snippet.
Leonardo DRS Lobbying Profile, 2006
This article provides a lobbying profile for Leonardo DRS in 2006, detailing their federal lobbying efforts. OpenSecrets calculated that Leonardo DRS spent $2 million in total lobbying for that year, with $300,000 attributed to subsidiaries. The data, updated on July 23, 2026, includes spending from January 1 to June 30 for the most recent year, while prior years cover January through December.
A quarterly earnings release is planned before Leonardo DRS's Oct. 29 call.
Leonardo DRS (DRS) has scheduled a conference call for October 29, 2026, at 10:00 a.m. ET to discuss its third-quarter 2026 financial results. The company plans to issue its quarterly earnings press release before the call. A live audio broadcast and replay will be available on Leonardo DRS’s investor relations website.
Should Naval And Communications Wins Require Action From Leonardo DRS Stock Investors?
Leonardo DRS secured contracts for electric propulsion systems for the Republic of Korea Navy's KDDX destroyer program and JTT-X terminals for the U.S. Navy, totaling US$39.6 million. These wins reinforce the company's position in naval modernization and secure communications, areas where it has increased R&D and capital expenditure. While these contracts are helpful, analysts suggest the larger impact depends on execution, future awards, and the company's ability to scale AI-driven sensing and C5ISR technologies to meet optimistic revenue growth forecasts.
Investor Rotation Out of Defense Sector Pressures Leonardo DRS (DRS)
Leonardo DRS, Inc. (DRS) experienced pressure in the second quarter of 2026 due to investor rotation out of the defense sector, despite the company's strong performance in defense electronics. The Buffalo Mid Cap Discovery Fund, which holds DRS, underperformed its benchmark but stabilized later in the quarter with gains in healthcare and AI infrastructure. While DRS remains a key defense technology provider, the fund suggests that certain AI stocks may offer greater upside potential.
Leonardo DRS (DRS) Wins Korean Warship Contract. Can More Orders Follow?
Leonardo DRS (DRS) has secured a contract to supply electric propulsion for South Korea's KDDX destroyer program, which is expected to include at least six ships. While this win leverages DRS's existing relationship with the Korean navy and aligns with its growth drivers, the financial impact remains uncertain as contract value and delivery specifics were not disclosed. Investors will need to monitor funded orders and execution to determine the long-term profitability and revenue potential of this opportunity.
Bank of America Corp DE Takes Position in Leonardo DRS, Inc. $DRS
Bank of America Corp DE has acquired a new stake in Leonardo DRS, Inc. (NASDAQ:DRS), purchasing 584,518 shares valued at approximately $24.9 million, representing 0.22% of the company. Institutional investors now collectively own 18.76% of Leonardo DRS. The defense technology company recently surpassed quarterly earnings expectations and pays a quarterly dividend, while analysts maintain a positive "Buy" rating with an average price target of $53.17.
Leonardo DRS (DRS) Stock Looks Rich After A 130% Run
Leonardo DRS (DRS) has seen a significant 130% stock price increase over the past three years, prompting a re-evaluation of its current valuation. Despite new contract wins in naval propulsion, launch systems electronics, and space-focused sensors, a Discounted Cash Flow (DCF) analysis suggests the stock's intrinsic value is currently below its trading price of US$37.15. The article encourages investors to look beyond the immediate price run and consider underlying cash flow generation and specific growth narratives to determine if the stock is justified at its current level.
Leonardo DRS (DRS) Wins Korean Warship Contract. Can More Orders Follow?
Leonardo DRS (DRS) has secured a contract with Doosan Enerbility to supply electric propulsion systems for South Korea's KDDX destroyer program, building on its existing relationship with the Korean navy. While this award is a significant export milestone, the article notes that the financial scale and future profitability for DRS remain unquantified as specific contract values and delivery milestones were not disclosed. Investors are advised to monitor whether this initial selection translates into substantial revenue and further support contracts for the company.
Leonardo DRS (DRS) Just Gave Investors Something To Think About
Leonardo DRS (DRS) recently secured a new contract with Doosan Enerbility to supply electric power and propulsion systems for South Korea’s KDDX destroyer program. This news comes as DRS shares have seen short-term pressure, though long-term holders have experienced significant gains. Analysts consider the stock undervalued at $54.10, despite its P/E ratio being higher than the fair estimate and peer average, suggesting a mixed sentiment on its valuation.
CCORF Maintains Leonardo DRS, Inc.(DRS.US) With Buy Rating, Raises Target Price to $55
CCORF has reiterated its Buy rating on Leonardo DRS, Inc. (DRS.US) and has increased the target price to $55. This suggests a positive outlook for the company's stock by the analytical firm.
Leonardo DRS to supply electric propulsion for South Korea’s KDDX destroyer
Leonardo DRS has secured a contract with Doosan Enerbility to provide the electric propulsion system for the Republic of Korea Navy's KDDX destroyer program. This program, involving at least six destroyers with the lead ship built by Hanwha Ocean, marks South Korea's first indigenously designed and built destroyer class and will feature full-electric-drive surface combatants. Leonardo DRS's technology, including permanent magnet propulsion motors and variable frequency drives, aims to deliver efficient and reliable power for the advanced multi-mission requirements of the next-generation naval fleet.
Leonardo DRS Wins Electric Propulsion Contract for South Korea’s KDDX Destroyer Program
Leonardo DRS has secured a contract with Doosan Enerbility to supply the electric propulsion system for the Republic of Korea Navy's KDDX destroyer program, a significant step in South Korea's first indigenously designed destroyer fleet. The company will provide advanced 100-Series permanent magnet propulsion motors and high-performance variable frequency drives, leveraging its proven electric propulsion technology already in use with the Republic of Korea Navy. This contract marks a milestone for full-electric-drive surface combatants, supporting the demanding multi-mission requirements of a modern naval fleet.
Engineers Gate Manager LP Acquires New Shares in Leonardo DRS, Inc. $DRS
Engineers Gate Manager LP recently acquired 31,090 shares of Leonardo DRS, Inc. (NASDAQ:DRS) valued at approximately $1.33 million during the second quarter. This move aligns with positive analyst sentiment, as the company holds a consensus "Buy" rating and has exceeded quarterly earnings expectations, reporting $0.35 EPS against $0.27 expected and revenue of $913 million. Despite some insider selling, institutional ownership remains significant at 18.76%, highlighting continued investor interest in the defense technology firm.
South Korea plans its first electric-drive warships. Leonardo DRS will supply propulsion.
Leonardo DRS has secured a contract with Doosan Enerbility to provide the electric propulsion system for South Korea's next-generation KDDX guided-missile destroyer program. This initiative marks the Republic of Korea Navy's first full-electric-drive surface combatants, with at least six destroyers planned. The system will feature power-dense 100-Series permanent magnet motors and compact variable-frequency drives, underscoring a global shift towards integrated electric propulsion in modern naval platforms.
Leonardo DRS to Provide Electric Propulsion System for the Republic of Korea Navy Next-Generation KDDX Destroyer Program
Leonardo DRS has secured a contract with Doosan Enerbility to supply the electric propulsion system for the Republic of Korea Navy's KDDX destroyer program. This program aims to deliver at least six next-generation guided-missile destroyers, making them South Korea's first indigenously designed and built destroyers and the Republic of Korea Navy's first full-electric-drive surface combatants. The system will feature DRS's power-dense 100-Series permanent magnet propulsion motors and variable frequency drives, leveraging DRS's extensive experience in electric propulsion technology for naval applications.
Leonardo DRS (NASDAQ:DRS) Raised to Strong-Buy at Guggenheim
Guggenheim has upgraded Leonardo DRS (NASDAQ:DRS) to a "strong-buy" rating, while other analysts maintain a "Buy" consensus with a $53.17 price target. The company recently exceeded quarterly earnings expectations, reporting $0.35 EPS against an estimated $0.27, and saw revenues increase by 10.1% year-over-year. Despite this, the stock opened below its moving averages, and insiders have sold shares worth approximately $1.1 million over the past 90 days.
Guggenheim initiates Leonardo DRS stock with buy rating on defense exposure
Guggenheim has initiated coverage on Leonardo DRS (NASDAQ: DRS) with a "buy" rating and a price target of $51.00, citing the company's strong defense exposure and recent acquisition of Raft, LLC. The firm projects high-single-digit to low-double-digit revenue growth for Leonardo DRS, supported by a 10.5% revenue increase over the past year. Despite a recent premarket stock dip, the company reported robust Q2 financial performance with a 52% rise in adjusted earnings and a 10% revenue increase, leading to an upgraded full-year outlook.
Guggenheim initiates Leonardo DRS stock with buy rating on defense exposure
Guggenheim has initiated coverage on Leonardo DRS Inc. (NASDAQ:DRS) with a buy rating and a price target of $51, citing the defense contractor's optimal balance of new and legacy defense exposure. The firm expects sustained high-single-digit to low-double-digit revenue growth for Leonardo DRS, driven by its product portfolio, recent acquisition of Raft, LLC, and strong positioning with the Navy. Despite potential margin limitations due to investments, the $51 price target suggests a 42% upside potential for the stock.
Guggenheim Initiates Leonardo DRS at Buy With $51 Price Target
Guggenheim has initiated coverage on Leonardo DRS (DRS) with a "Buy" rating and set a price target of $51. This comes as Leonardo DRS continues to secure significant contracts, including $96 million for MK 41 Vertical Launching System electronics hardware and a recent agreement with the US Space Force. The company is a key provider of advanced defense technology, specializing in sensing, network computing, and force protection for national security customers and allies.
Leonardo DRS Extends Naval Aviation’s Communications Edge With $39.6 Million JTT-X Production Award
Leonardo DRS has secured a $39.6 million contract from Naval Air Systems Command (NAVAIR) for the production and delivery of Joint Tactical Terminal Transceiver (JTT-X) units. This award enhances naval aviation's communications, threat warning, and situational awareness, particularly for the EA-18G Growler aircraft operating in contested environments. The JTT-X, designed with a modular open systems approach, provides resilient and flexible communications across various networks, including Low Earth Orbit satellite architectures.
Leonardo DRS wins $39.6M Navy contract for satellite terminals
Leonardo DRS, Inc. secured a $39.6 million contract from Naval Air Systems Command for Joint Tactical Terminal Transceiver (JTT-X) units. These units are intended for the EA-18G Growler aircraft and are designed to provide secure, resilient communications with hybrid satellite capabilities, supporting the Navy’s Global Lightning initiative. The JTT-X system features a modular open systems approach and includes Transceiver Crypto Module cards compliant with NSA SERD 2.0 High Assurance Internet Protocol Encryption standards.
Leonardo DRS Awarded $96 Million in Contracts to Provide Critical MK 41 Vertical Launching System Electronics Hardware
Leonardo DRS has secured contracts worth $96 million to supply crucial electronics hardware for the MK 41 Vertical Launching System (VLS). These awards solidify Leonardo DRS's role in supporting naval combat system readiness. The company will provide advanced electronics including Programmable Power Supplies, Launch Control Units, and Module/System Transformer Platform systems for U.S. Navy destroyers and allied naval vessels.
Squarepoint Ops LLC Decreases Stake in Leonardo DRS, Inc. $DRS
Squarepoint Ops LLC significantly reduced its stake in Leonardo DRS, Inc. (NASDAQ:DRS) by 72.5% in the second quarter, selling 236,232 shares and retaining 89,533 shares valued at $3.82 million. This reduction comes despite Leonardo DRS reporting stronger-than-expected quarterly results with EPS of $0.35 and revenue of $913 million, up 10.1% year-over-year. The stock currently has a consensus "Moderate Buy" rating from analysts with an average price target of $53.60.
VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Leonardo DRS, Inc. $DRS
Virginia Retirement Systems ET Al has made a new investment in Leonardo DRS, purchasing 46,350 shares valued at approximately $1.98 million. This comes as several institutional investors have either established or increased their positions in the defense technology company, bringing total institutional ownership to 18.76%. Leonardo DRS recently exceeded quarterly earnings expectations and maintains a "Moderate Buy" consensus rating from analysts, despite some insider selling activity.
Leonardo DRS (NASDAQ: DRS) counsel sells stock under preset plan
Mark Dorfman, Executive Vice President and General Counsel of Leonardo DRS (DRS), sold 7,471 shares of common stock at $37.01 per share on September 4, 2026. This transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026, leaving him with 29,271 shares directly held. The total sale proceeds amounted to approximately $276,502.
Leonardo DRS Wins Contracts For MK 41 Vertical Launching System Electronics
Leonardo DRS has secured contracts worth $96 million to supply critical electronics hardware for the MK 41 Vertical Launching System (VLS), a key missile launching system used by the US Navy and allied forces. The company will provide advanced components like Programmable Power Supplies, Launch Control Units, and Module Transformer Platform/System Transformer Platform systems. This reinforces Leonardo DRS's long-standing role in supporting naval combat system readiness, with work to be performed in Pennsylvania and Florida.
Leonardo DRS wins $96 million in navy missile system contracts
Leonardo DRS, Inc. secured $96 million in contracts to provide crucial electronics hardware for the MK 41 Vertical Launching System used by the U.S. Navy and allied forces. The contracts involve the delivery of Programmable Power Supplies, Launch Control Units, and Module Transformer Platform systems. Production will occur at facilities in Johnstown, Pennsylvania, and Largo, Florida, continuing Leonardo DRS's 15-year support for the program.
Leonardo DRS: The Defense Stock Built For The Next Upgrade Cycle (NASDAQ:DRS)
Leonardo DRS (DRS) receives a Buy rating due to strong operational progress, robust upgrade cycles, and its strategic positioning in defense electronics and power systems. The company's business model, which leverages installed hardware and recurring upgrade opportunities, supports durable revenue streams. Despite a growth premium reflected in its valuation, a 12-month target price of $43 offers a 17% upside, contingent on sustained earnings improvement.
Leonardo DRS, Inc. (DRS) Surpasses Q2 Earnings and Revenue Estimates
Leonardo DRS, Inc. (DRS) exceeded Q2 earnings and revenue estimates, reporting $0.35 per share against an expected $0.27, and revenues of $913 million. This marks the fourth consecutive quarter the company has surpassed consensus estimates for both metrics. Despite this strong performance, the stock holds a Zacks Rank #3 (Hold), suggesting it is expected to perform in line with the market.
Legal & General Group Plc Makes New $2.69 Million Investment in Leonardo DRS, Inc. $DRS
Legal & General Group Plc has made a new investment of approximately $2.69 million in Leonardo DRS, Inc., purchasing 62,969 shares. Institutional investors collectively own 18.76% of the company, and analysts have a "Moderate Buy" rating with a consensus target price of $53.60. Leonardo DRS recently surpassed quarterly earnings and revenue expectations, reporting $0.35 EPS and $913 million in revenue.
28,760 Shares in Leonardo DRS, Inc. $DRS Bought by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company recently acquired 28,760 shares of Leonardo DRS, Inc. (NASDAQ:DRS), valued at approximately $1.23 million, contributing to institutional investors' 18.76% ownership of the company. Leonardo DRS has received a "Moderate Buy" consensus rating from analysts with an average price target of $53.60, and recently exceeded quarterly expectations with $0.35 EPS and $913 million in revenue. Despite positive analyst outlooks and strong financial performance, company insiders have sold $3.23 million worth of stock in the last three months.
Insider Selling: Leonardo DRS (NASDAQ:DRS) CFO Sells 20,317 Shares
Leonardo DRS CFO Michael Dippold sold 20,317 shares of the company's stock for approximately $755,386 on September 2nd, reducing his holdings by over 36%. This transaction was part of a pre-arranged Rule 10b5-1 trading plan. The company recently reported strong quarterly earnings, beating estimates, and maintains a quarterly dividend.
Leonardo DRS EVP and CFO Michael Dippold sells $755k in stock
Michael Dippold, EVP and CFO of Leonardo DRS (NASDAQ: DRS), sold 20,317 shares of company stock for approximately $755,386 on September 2, 2026. This sale was conducted under a Rule 10b5-1 trading plan adopted earlier in the year. Despite the insider sale and the stock being slightly overvalued and experiencing a 20.68% decline over six months, the company maintains a "GOOD" financial health rating and recently reported strong Q2 adjusted earnings and revenue growth, raising its full-year outlook.
Jupiter Topco LLC Acquires New Holdings in Leonardo DRS, Inc. $DRS
Jupiter Topco LLC recently acquired 50,037 shares of Leonardo DRS, Inc. (NASDAQ:DRS) worth approximately $2.14 million, joining other institutional investors who collectively own 18.76% of the company. Leonardo DRS has received a "Moderate Buy" consensus rating from analysts, driven by strong quarterly results including EPS of $0.35 and revenue of $913 million, exceeding expectations. The company also declared a $0.09 quarterly dividend.
Leonardo DRS wins U.S. Space Force sensor technology contract By Investing.com
Leonardo DRS, Inc. has been awarded a contract by the U.S. Space Force to develop advanced sensor technology. This technology aims to detect, identify, track, and target fast-moving threats, enhancing U.S. space superiority and control. The program emphasizes affordability and producibility through advanced sensing and processing, though specific contract values and timelines were not disclosed.
Aubrey Capital Management Ltd Takes Position in Leonardo DRS, Inc. $DRS
Aubrey Capital Management Ltd has acquired a new stake of 46,600 shares, valued at approximately $1.99 million, in Leonardo DRS, Inc. during the second quarter. The defense technology company reported strong quarterly earnings, beating analyst expectations with $0.35 EPS and $913 million in revenue. Analysts maintain a "Moderate Buy" rating with a consensus price target of $53.60, and the company also pays a quarterly dividend.
Man Group plc Makes New $3.33 Million Investment in Leonardo DRS, Inc. $DRS
Man Group plc has made a new investment of approximately $3.33 million in Leonardo DRS, Inc. by acquiring 78,082 shares during the second quarter. This move aligns with other institutional investors increasing their stakes, bringing total institutional ownership to 18.76%. Analysts maintain a "Moderate Buy" rating for Leonardo DRS, with a consensus price target of $53.60, following strong Q2 earnings that surpassed expectations.
Leonardo DRS wins U.S. Space Force sensor technology contract By Investing.com
Leonardo DRS, Inc. announced it has been awarded an Other Transaction Agreement contract by the U.S. Space Force. This contract is for the development of advanced sensor technology crucial for detecting and tracking fast-moving threats, supporting U.S. space superiority and control efforts. The initiative aims to enhance affordability and producibility by leveraging sensing and processing advancements, ensuring efficient manufacturing and a resilient supply chain.
Leonardo DRS Selected by United States Space Force to Advance Technology in support of advanced Space Superiority Solutions
Leonardo DRS has been awarded a contract by the U.S. Space Force to develop next-generation sensor technology aimed at strengthening national defense capabilities. The contract focuses on creating affordable and scalable sensors to detect, identify, track, and target fast-moving threats, supporting U.S. space superiority. This initiative leverages Leonardo DRS's expertise in advanced sensing and processing for efficient manufacturing and a resilient supply chain.
Canada Pension Plan Investment Board Takes Position in Leonardo DRS, Inc. $DRS
The Canada Pension Plan Investment Board recently acquired 55,700 shares of Leonardo DRS, Inc. (NASDAQ:DRS) worth approximately $2.4 million in the second quarter. Leonardo DRS has a "Moderate Buy" consensus rating from analysts, with an average price target of $53.60, and has exceeded recent quarterly expectations with strong earnings and revenue. The company also pays a quarterly dividend and has seen some insider selling activity.
Bank of Nova Scotia Makes New Investment in Leonardo DRS, Inc. $DRS
Bank of Nova Scotia recently acquired 56,300 shares of Leonardo DRS (NASDAQ:DRS) worth approximately $2.4 million, joining other institutional investors increasing their stakes. The defense technology company exceeded quarterly expectations with an EPS of $0.35 and revenue of $913 million, leading to a "Moderate Buy" consensus from analysts. Despite insider selling of 57,683 shares, the company declared a quarterly dividend of $0.09 per share.
PDT Partners LLC Purchases Shares of 73,886 Leonardo DRS, Inc. $DRS
PDT Partners LLC acquired a new stake in Leonardo DRS, Inc., purchasing 73,886 shares valued at approximately $3.15 million during the second quarter. Leonardo DRS exceeded analyst expectations with its recent quarterly earnings, reporting $0.35 EPS against a $0.27 consensus and a 10.1% revenue increase year-over-year. The company maintains a "Moderate Buy" consensus rating from analysts, with an average price target significantly higher than its current trading price.
Deutsche Bank AG Acquires New Holdings in Leonardo DRS, Inc. $DRS
Deutsche Bank AG has acquired 110,755 shares of Leonardo DRS, Inc. (NASDAQ:DRS) during the second quarter, valued at approximately $4.7 million. This move is part of broader institutional investor activity, with analysts maintaining a "Moderate Buy" rating and a consensus price target of $53.60 for Leonardo DRS. The company recently exceeded quarterly earnings expectations and declared a quarterly dividend of $0.09 per share.
Leonardo DRS Inc (DRS) Shares Fall 4.2% -- GF Value Says Still Overvalued
Leonardo DRS Inc (DRS) shares recently fell 4.2% and are considered overvalued according to GuruFocus' GF Value, trading slightly above its intrinsic value of $38.70 at $39.01. Despite this, DRS holds a strong GF Score of 81/100, indicating solid fundamentals and strong financial strength and momentum. However, a significant net insider selling of $9.3M over the past year suggests potential caution from insiders regarding the stock's near-term prospects.
Connor Clark & Lunn Investment Management Ltd. Purchases Shares of 582,550 Leonardo DRS, Inc. $DRS
Connor Clark & Lunn Investment Management Ltd. has acquired 582,550 shares of Leonardo DRS, Inc., valued at approximately $24.9 million, establishing a 0.22% stake in the company. Institutional investors collectively own 18.76% of Leonardo DRS, which recently exceeded earnings and revenue expectations. The stock carries a "Moderate Buy" rating with a consensus price target of $53.60, despite a recent 4.2% drop in share price and some insider selling.
Global defense contractor's Beavercreek site lands $39M+ deal for Navy aircraft part
Leonardo DRS Airborne and Intelligence Systems' Beavercreek facility has secured a contract worth over $39
Ieq Capital LLC Acquires Shares of 204,000 Leonardo DRS, Inc. $DRS
Ieq Capital LLC recently acquired a new stake of 204,000 shares in Leonardo DRS, Inc. (NASDAQ:DRS), valued at approximately $8.705 million. Other institutional investors have also adjusted their holdings in Leonardo DRS. Analyst ratings for Leonardo DRS are largely positive, with a consensus of "Moderate Buy" and an average price target of $53.60.
