Leonardo DRS Key Executives
This section highlights Leonardo DRS's key executives, including their titles and compensation details.
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Leonardo DRS Earnings
This section highlights Leonardo DRS's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-20 | $0.36 | $0.38 |
| Read Transcript | Q3 | 2024 | 2024-10-30 | $0.20 | $0.24 |
| Read Transcript | Q2 | 2024 | 2024-07-30 | $0.14 | $0.18 |
| Read Transcript | Q1 | 2024 | 2024-05-01 | $0.11 | $0.14 |
| Read Transcript | Q4 | 2023 | 2024-02-27 | $0.30 | $0.31 |
| Read Transcript | Q3 | 2023 | 2023-11-04 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-04 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-03 | $0.05 | $0.07 |
Leonardo DRS, Inc., together with its subsidiaries, provides defense products and technologies in the land, air, sea, space, cyber and security, and commercial domains for military applications. It operates in two segments, Advanced Sensing and Computing, and Integrated Mission Systems. The company offers advanced sensor technologies, including infrared systems and sensors for threat detection and situational awareness; uncooled infrared systems and brownout solutions; airborne, ground vehicle mounted, and dismounted soldier electronic warfare (EW) systems; and EW software and training systems, and intelligence solutions. It also provides computing systems for ground vehicles, ships, and submarines; network and data distribution applications; sensor systems; and networked computing infrastructure on military platform. In addition, the company offers force protection systems, such as solutions for counter-unmanned aerial systems, short-range air defense systems, and active protection systems; and power control, distribution, conversion, and propulsion systems, as well as hybrid electric drive propulsion systems, energy storage, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. It serves the U.S. military, aerospace and defense prime contractors, government intelligence agencies, and international military customers. The company was founded in 1969 and is based in Arlington, Virginia.
$36.73
Stock Price
$9.77B
Market Cap
7.00K
Employees
Arlington, VA
Location
Financial Statements
Access annual & quarterly financial statements for Leonardo DRS, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $3.23B | $2.83B | $2.69B | $2.88B | $2.78B |
| Cost of Revenue | $2.50B | $2.18B | $2.12B | $2.33B | $2.28B |
| Gross Profit | $736.00M | $648.00M | $575.00M | $547.00M | $494.00M |
| Gross Profit Ratio | 22.76% | 22.93% | 21.35% | 19.00% | 17.78% |
| Research and Development Expenses | $- | $- | $58.00M | $48.00M | $41.00M |
| General and Administrative Expenses | $414.00M | $384.00M | $357.00M | $293.00M | $283.00M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $414.00M | $384.00M | $357.00M | $293.00M | $283.00M |
| Other Expenses | $29.00M | $- | $-343.00M | $18.00M | $30.00M |
| Operating Expenses | $443.00M | $420.00M | $14.00M | $311.00M | $313.00M |
| Cost and Expenses | $2.94B | $2.60B | $2.13B | $2.64B | $2.60B |
| Interest Income | $- | $- | $34.00M | $35.00M | $64.00M |
| Interest Expense | $21.00M | $36.00M | $34.00M | $35.00M | $64.00M |
| Depreciation and Amortization | $91.00M | $85.00M | $65.00M | $58.00M | $53.00M |
| EBITDA | $376.00M | $313.00M | $624.00M | $293.00M | $229.00M |
| EBITDA Ratio | 11.63% | 11.08% | 23.17% | 10.18% | 8.24% |
| Operating Income | $293.00M | $231.00M | $561.00M | $236.00M | $181.00M |
| Operating Income Ratio | 9.06% | 8.17% | 20.83% | 8.20% | 6.52% |
| Total Other Income Expenses Net | $-29.00M | $-39.00M | $-36.00M | $-36.00M | $-69.00M |
| Income Before Tax | $264.00M | $192.00M | $525.00M | $200.00M | $112.00M |
| Income Before Tax Ratio | 8.16% | 6.79% | 19.49% | 6.95% | 4.03% |
| Income Tax Expense | $51.00M | $24.00M | $120.00M | $46.00M | $27.00M |
| Net Income | $213.00M | $168.00M | $405.00M | $154.00M | $85.00M |
| Net Income Ratio | 6.59% | 5.94% | 15.04% | 5.35% | 3.06% |
| EPS | $0.81 | $0.64 | $1.88 | $1.06 | $0.57 |
| EPS Diluted | $0.79 | $0.64 | $1.88 | $1.06 | $0.57 |
| Weighted Average Shares Outstanding | 264.00M | 262.50M | 215.00M | 145.00M | 149.78M |
| Weighted Average Shares Outstanding Diluted | 268.00M | 264.00M | 215.00M | 145.00M | 149.78M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $981.00M | $812.00M | $753.00M | $688.00M | $926.00M | $703.00M | $628.00M | $569.00M | $820.00M | $634.00M | $627.00M | $612.00M | $820.00M | $720.00M | $658.00M | $681.00M | $826.00M | $719.00M | $650.00M | $583.00M |
| Cost of Revenue | $746.00M | $633.00M | $590.00M | $540.00M | $722.00M | $541.00M | $483.00M | $438.00M | $636.00M | $504.00M | $500.00M | $478.00M | $667.00M | $589.00M | $531.00M | $545.00M | $669.00M | $597.00M | $541.00M | $477.00M |
| Gross Profit | $235.00M | $179.00M | $163.00M | $148.00M | $204.00M | $162.00M | $145.00M | $131.00M | $184.00M | $130.00M | $127.00M | $134.00M | $153.00M | $131.00M | $127.00M | $136.00M | $157.00M | $122.00M | $109.00M | $106.00M |
| Gross Profit Ratio | 23.96% | 22.04% | 21.65% | 21.51% | 22.03% | 23.04% | 23.09% | 23.02% | 22.44% | 20.50% | 20.26% | 21.90% | 18.66% | 18.19% | 19.30% | 19.97% | 19.01% | 16.97% | 16.77% | 18.18% |
| Research and Development Expenses | $- | $- | $- | $- | $82.00M | $- | $- | $- | $58.00M | $- | $- | $- | $48.00M | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $108.00M | $98.00M | $107.00M | $101.00M | $98.00M | $96.00M | $90.00M | $100.00M | $96.00M | $101.00M | $84.00M | $76.00M | $68.00M | $73.00M | $73.00M | $79.00M | $69.00M | $72.00M | $74.00M | $68.00M |
| Selling and Marketing Expenses | $- | $- | $-3.00M | $- | $-3.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $108.00M | $98.00M | $104.00M | $101.00M | $95.00M | $96.00M | $90.00M | $100.00M | $96.00M | $101.00M | $84.00M | $76.00M | $68.00M | $73.00M | $73.00M | $79.00M | $69.00M | $72.00M | $74.00M | $68.00M |
| Other Expenses | $7.00M | $6.00M | $-1.00M | $-4.00M | $-1.00M | $-1.00M | $-8.00M | $6.00M | $1.00M | $-347.00M | $1.00M | $2.00M | $4.00M | $-1.00M | $1.00M | $-1.00M | $-1.00M | $-1.00M | $4.00M | $-7.00M |
| Operating Expenses | $115.00M | $104.00M | $105.00M | $105.00M | $96.00M | $103.00M | $103.00M | $106.00M | $97.00M | $-246.00M | $85.00M | $78.00M | $72.00M | $78.00M | $76.00M | $85.00M | $78.00M | $85.00M | $79.00M | $71.00M |
| Cost and Expenses | $861.00M | $737.00M | $695.00M | $645.00M | $818.00M | $644.00M | $586.00M | $544.00M | $733.00M | $258.00M | $585.00M | $556.00M | $739.00M | $667.00M | $607.00M | $630.00M | $747.00M | $682.00M | $620.00M | $548.00M |
| Interest Income | $- | $- | $- | $- | $- | $10.00M | $9.00M | $8.00M | $7.00M | $9.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $4.00M | $5.00M | $7.00M | $5.00M | $9.00M | $10.00M | $9.00M | $8.00M | $7.00M | $9.00M | $10.00M | $8.00M | $8.00M | $9.00M | $9.00M | $9.00M | $15.00M | $17.00M | $17.00M | $15.00M |
| Depreciation and Amortization | $23.00M | $23.00M | $23.00M | $22.00M | $22.00M | $21.00M | $20.00M | $22.00M | $17.00M | $17.00M | $16.00M | $15.00M | $14.00M | $16.00M | $14.00M | $14.00M | $13.00M | $14.00M | $13.00M | $13.00M |
| EBITDA | $138.00M | $97.00M | $77.00M | $64.00M | $126.00M | $79.00M | $62.00M | $46.00M | $102.00M | $393.00M | $58.00M | $71.00M | $95.00M | $68.00M | $66.00M | $64.00M | $91.00M | $50.00M | $47.00M | $41.00M |
| EBITDA Ratio | 14.07% | 11.95% | 10.23% | 9.30% | 13.61% | 11.24% | 9.87% | 8.08% | 12.44% | 61.99% | 9.25% | 11.60% | 11.59% | 9.44% | 10.03% | 9.40% | 11.02% | 6.95% | 7.23% | 7.03% |
| Operating Income | $120.00M | $75.00M | $58.00M | $43.00M | $108.00M | $59.00M | $42.00M | $25.00M | $87.00M | $376.00M | $42.00M | $56.00M | $81.00M | $53.00M | $51.00M | $51.00M | $79.00M | $37.00M | $30.00M | $35.00M |
| Operating Income Ratio | 12.23% | 9.24% | 7.70% | 6.25% | 11.66% | 8.39% | 6.69% | 4.39% | 10.61% | 59.31% | 6.70% | 9.15% | 9.88% | 7.36% | 7.75% | 7.49% | 9.56% | 5.15% | 4.62% | 6.00% |
| Total Other Income Expenses Net | $-9.00M | $-6.00M | $-8.00M | $-6.00M | $-10.00M | $-11.00M | $-9.00M | $-9.00M | $-9.00M | $-9.00M | $-10.00M | $-8.00M | $-8.00M | $-10.00M | $-8.00M | $-10.00M | $-16.00M | $-18.00M | $-13.00M | $-22.00M |
| Income Before Tax | $111.00M | $69.00M | $47.00M | $37.00M | $95.00M | $48.00M | $33.00M | $16.00M | $78.00M | $367.00M | $32.00M | $48.00M | $73.00M | $43.00M | $43.00M | $41.00M | $63.00M | $19.00M | $17.00M | $13.00M |
| Income Before Tax Ratio | 11.31% | 8.50% | 6.24% | 5.38% | 10.26% | 6.83% | 5.25% | 2.81% | 9.51% | 57.89% | 5.10% | 7.84% | 8.90% | 5.97% | 6.53% | 6.02% | 7.63% | 2.64% | 2.62% | 2.23% |
| Income Tax Expense | $22.00M | $12.00M | $9.00M | $8.00M | $21.00M | $1.00M | $-2.00M | $4.00M | $13.00M | $88.00M | $7.00M | $12.00M | $15.00M | $8.00M | $11.00M | $12.00M | $16.00M | $4.00M | $4.00M | $3.00M |
| Net Income | $89.00M | $57.00M | $38.00M | $29.00M | $74.00M | $47.00M | $35.00M | $12.00M | $65.00M | $279.00M | $25.00M | $36.00M | $58.00M | $35.00M | $32.00M | $29.00M | $47.00M | $15.00M | $13.00M | $10.00M |
| Net Income Ratio | 9.07% | 7.02% | 5.05% | 4.22% | 7.99% | 6.69% | 5.57% | 2.11% | 7.93% | 44.01% | 3.99% | 5.88% | 7.07% | 4.86% | 4.86% | 4.26% | 5.69% | 2.09% | 2.00% | 1.72% |
| EPS | $0.34 | $0.22 | $0.14 | $0.11 | $0.28 | $0.18 | $0.13 | $0.05 | $0.28 | $1.92 | $0.12 | $0.25 | $0.40 | $0.24 | $0.22 | $0.20 | $0.32 | $0.10 | $0.09 | $0.07 |
| EPS Diluted | $0.33 | $0.21 | $0.14 | $0.11 | $0.28 | $0.18 | $0.13 | $0.05 | $0.28 | $1.92 | $0.12 | $0.25 | $0.40 | $0.24 | $0.22 | $0.20 | $0.32 | $0.10 | $0.09 | $0.07 |
| Weighted Average Shares Outstanding | 264.00M | 264.00M | 263.00M | 263.00M | 265.70M | 262.00M | 261.00M | 260.00M | 229.04M | 145.00M | 210.00M | 144.00M | 145.00M | 145.00M | 145.00M | 145.00M | 145.00M | 145.00M | 145.00M | 145.00M |
| Weighted Average Shares Outstanding Diluted | 268.00M | 268.00M | 267.00M | 266.44M | 265.70M | 265.00M | 264.00M | 262.00M | 229.04M | 145.31M | 210.00M | 144.00M | 145.00M | 145.83M | 145.45M | 145.00M | 145.00M | 145.00M | 145.00M | 145.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $598.00M | $467.00M | $306.00M | $240.00M | $61.00M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $598.00M | $467.00M | $306.00M | $240.00M | $61.00M |
| Net Receivables | $1.12B | $1.06B | $1.04B | $899.00M | $889.00M |
| Inventory | $358.00M | $329.00M | $319.00M | $205.00M | $247.00M |
| Other Current Assets | $82.00M | $63.00M | $44.00M | $45.00M | $66.00M |
| Total Current Assets | $2.16B | $1.92B | $1.71B | $1.39B | $1.26B |
| Property Plant Equipment Net | $440.00M | $484.00M | $404.00M | $364.00M | $355.00M |
| Goodwill | $1.24B | $1.24B | $1.24B | $1.07B | $1.06B |
| Intangible Assets | $132.00M | $151.00M | $172.00M | $52.00M | $60.00M |
| Goodwill and Intangible Assets | $1.37B | $1.39B | $1.41B | $1.12B | $1.12B |
| Long Term Investments | $- | $- | $- | $27.00M | $25.00M |
| Tax Assets | $120.00M | $123.00M | $66.00M | $56.00M | $87.00M |
| Other Non-Current Assets | $91.00M | $7.00M | $92.00M | $110.00M | $109.00M |
| Total Non-Current Assets | $2.02B | $2.00B | $1.97B | $1.68B | $1.69B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $4.18B | $3.92B | $3.68B | $3.07B | $2.96B |
| Account Payables | $426.00M | $398.00M | $457.00M | $479.00M | $478.00M |
| Short Term Debt | $52.00M | $80.00M | $54.00M | $65.00M | $75.00M |
| Tax Payables | $24.00M | $46.00M | $31.00M | $- | $- |
| Deferred Revenue | $399.00M | $335.00M | $233.00M | $174.00M | $177.00M |
| Other Current Liabilities | $215.00M | $219.00M | $267.00M | $271.00M | $245.00M |
| Total Current Liabilities | $1.12B | $1.08B | $1.04B | $989.00M | $975.00M |
| Long Term Debt | $406.00M | $417.00M | $433.00M | $425.00M | $455.00M |
| Deferred Revenue Non-Current | $- | $- | $-125.00M | $-54.00M | $-56.00M |
| Deferred Tax Liabilities Non-Current | $7.00M | $- | $125.00M | $54.00M | $56.00M |
| Other Non-Current Liabilities | $98.00M | $101.00M | $75.00M | $62.00M | $99.00M |
| Total Non-Current Liabilities | $511.00M | $518.00M | $508.00M | $487.00M | $554.00M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.63B | $1.60B | $1.55B | $1.48B | $1.53B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $3.00M | $3.00M | $3.00M | $2.00M | $1.00M |
| Retained Earnings | $-2.59B | $-2.81B | $-2.97B | $-2.98B | $-3.14B |
| Accumulated Other Comprehensive Income Loss | $-47.00M | $-47.00M | $-49.00M | $-58.00M | $-70.00M |
| Other Total Stockholders Equity | $5.19B | $5.17B | $5.15B | $4.63B | $4.63B |
| Total Stockholders Equity | $2.56B | $2.33B | $2.13B | $1.59B | $1.43B |
| Total Equity | $2.56B | $2.33B | $2.13B | $1.59B | $1.43B |
| Total Liabilities and Stockholders Equity | $4.18B | $3.92B | $3.68B | $3.07B | $2.96B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.18B | $3.92B | $3.68B | $3.07B | $2.96B |
| Total Investments | $- | $-123.00M | $- | $27.00M | $25.00M |
| Total Debt | $458.00M | $497.00M | $394.00M | $490.00M | $530.00M |
| Net Debt | $-140.00M | $30.00M | $88.00M | $250.00M | $469.00M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | March 31, 2020 | September 30, 2019 | June 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $598.00M | $198.00M | $149.00M | $160.00M | $467.00M | $47.00M | $35.00M | $174.00M | $306.00M | $63.00M | $69.00M | $113.00M | $240.00M | $78.00M | $91.00M | $30.00M | $61.00M | $-85.00M | $21.25M | $21.25M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $170.00M | $- | $- |
| Cash and Short Term Investments | $598.00M | $198.00M | $149.00M | $160.00M | $467.00M | $47.00M | $35.00M | $174.00M | $306.00M | $63.00M | $69.00M | $113.00M | $240.00M | $78.00M | $91.00M | $30.00M | $61.00M | $85.00M | $21.25M | $21.25M |
| Net Receivables | $1.12B | $1.23B | $1.23B | $1.20B | $1.06B | $1.26B | $1.22B | $1.13B | $1.04B | $1.08B | $999.00M | $953.00M | $899.00M | $884.00M | $860.00M | $885.00M | $889.00M | $- | $225.50M | $225.50M |
| Inventory | $358.00M | $363.00M | $367.00M | $342.00M | $329.00M | $383.00M | $378.00M | $364.00M | $319.00M | $246.00M | $249.00M | $231.00M | $205.00M | $215.00M | $257.00M | $262.00M | $247.00M | $- | $52.25M | $52.25M |
| Other Current Assets | $82.00M | $65.00M | $64.00M | $70.00M | $63.00M | $49.00M | $68.00M | $48.00M | $44.00M | $39.00M | $220.00M | $220.00M | $45.00M | $48.00M | $66.00M | $60.00M | $66.00M | $- | $13.75M | $13.75M |
| Total Current Assets | $2.16B | $1.86B | $1.80B | $1.77B | $1.92B | $1.74B | $1.70B | $1.71B | $1.71B | $1.43B | $1.54B | $1.52B | $1.39B | $1.23B | $1.27B | $1.24B | $1.26B | $85.00M | $312.75M | $312.75M |
| Property Plant Equipment Net | $440.00M | $415.00M | $419.00M | $407.00M | $484.00M | $399.00M | $402.00M | $402.00M | $404.00M | $362.00M | $363.00M | $367.00M | $364.00M | $356.00M | $357.00M | $357.00M | $355.00M | $- | $63.25M | $63.25M |
| Goodwill | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $952.00M | $952.00M | $954.00M | $1.07B | $1.07B | $1.06B | $1.06B | $1.06B | $- | $264.25M | $264.25M |
| Intangible Assets | $132.00M | $138.00M | $144.00M | $146.00M | $151.00M | $156.00M | $161.00M | $167.00M | $172.00M | $45.00M | $47.00M | $50.00M | $52.00M | $54.00M | $55.00M | $58.00M | $60.00M | $- | $17.25M | $17.25M |
| Goodwill and Intangible Assets | $1.37B | $1.38B | $1.38B | $1.38B | $1.39B | $1.39B | $1.40B | $1.40B | $1.41B | $997.00M | $999.00M | $1.00B | $1.12B | $1.12B | $1.11B | $1.11B | $1.12B | $- | $281.50M | $281.50M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $27.00M | $- | $- | $- | $25.00M | $- | $- | $- |
| Tax Assets | $120.00M | $124.00M | $122.00M | $123.00M | $237.00M | $87.00M | $68.00M | $72.00M | $66.00M | $49.00M | $46.00M | $48.00M | $56.00M | $54.00M | $64.00M | $75.00M | $87.00M | $- | $29.25M | $29.25M |
| Other Non-Current Assets | $91.00M | $86.00M | $91.00M | $95.00M | $11.00M | $95.00M | $98.00M | $92.00M | $92.00M | $92.00M | $98.00M | $97.00M | $110.00M | $126.00M | $132.00M | $130.00M | $109.00M | $-85.00M | $35.25M | $35.25M |
| Total Non-Current Assets | $2.02B | $2.00B | $2.01B | $2.01B | $2.12B | $1.97B | $1.97B | $1.97B | $1.97B | $1.50B | $1.51B | $1.52B | $1.68B | $1.66B | $1.67B | $1.68B | $1.69B | $-85.00M | $409.25M | $409.25M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.18B | $3.86B | $3.82B | $3.78B | $4.04B | $3.71B | $3.66B | $3.68B | $3.68B | $2.93B | $3.04B | $3.03B | $3.07B | $2.89B | $2.94B | $2.91B | $2.96B | $- | $722.00M | $722.00M |
| Account Payables | $426.00M | $292.00M | $263.00M | $220.00M | $398.00M | $328.00M | $290.00M | $258.00M | $457.00M | $285.00M | $291.00M | $248.00M | $479.00M | $285.00M | $306.00M | $343.00M | $478.00M | $- | $134.00M | $134.00M |
| Short Term Debt | $52.00M | $49.00M | $48.00M | $54.00M | $80.00M | $155.00M | $160.00M | $277.00M | $54.00M | $92.00M | $162.00M | $212.00M | $65.00M | $147.00M | $212.00M | $193.00M | $75.00M | $- | $14.00M | $14.00M |
| Tax Payables | $24.00M | $9.00M | $22.00M | $52.00M | $46.00M | $2.00M | $2.00M | $10.00M | $31.00M | $87.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $399.00M | $315.00M | $348.00M | $361.00M | $335.00M | $258.00M | $292.00M | $247.00M | $233.00M | $195.00M | $156.00M | $172.00M | $174.00M | $160.00M | $147.00M | $149.00M | $177.00M | $- | $43.75M | $43.75M |
| Other Current Liabilities | $215.00M | $215.00M | $215.00M | $215.00M | $219.00M | $208.00M | $199.00M | $227.00M | $267.00M | $253.00M | $302.00M | $291.00M | $271.00M | $240.00M | $247.00M | $232.00M | $245.00M | $- | $58.50M | $58.50M |
| Total Current Liabilities | $1.12B | $880.00M | $896.00M | $902.00M | $1.08B | $951.00M | $943.00M | $1.02B | $1.04B | $912.00M | $911.00M | $923.00M | $989.00M | $832.00M | $912.00M | $917.00M | $975.00M | $- | $250.25M | $250.25M |
| Long Term Debt | $406.00M | $411.00M | $421.00M | $430.00M | $316.00M | $423.00M | $431.00M | $428.00M | $433.00M | $411.00M | $418.00M | $417.00M | $425.00M | $441.00M | $447.00M | $449.00M | $455.00M | $- | $164.00M | $164.00M |
| Deferred Revenue Non-Current | $- | $- | $70.00M | $74.00M | $169.00M | $35.00M | $69.00M | $- | $-125.00M | $-51.00M | $- | $-51.00M | $-54.00M | $-51.00M | $-53.00M | $-54.00M | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $7.00M | $6.00M | $4.00M | $4.00M | $122.00M | $8.00M | $8.00M | $6.00M | $125.00M | $51.00M | $- | $51.00M | $54.00M | $51.00M | $53.00M | $54.00M | $- | $- | $- | $- |
| Other Non-Current Liabilities | $98.00M | $90.00M | $92.00M | $90.00M | $202.00M | $89.00M | $91.00M | $85.00M | $75.00M | $70.00M | $56.00M | $58.00M | $62.00M | $83.00M | $80.00M | $93.00M | $99.00M | $- | $53.00M | $53.00M |
| Total Non-Current Liabilities | $511.00M | $507.00M | $517.00M | $524.00M | $636.00M | $520.00M | $530.00M | $519.00M | $508.00M | $481.00M | $474.00M | $475.00M | $487.00M | $524.00M | $527.00M | $542.00M | $554.00M | $- | $217.00M | $217.00M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.63B | $1.39B | $1.41B | $1.43B | $1.71B | $1.47B | $1.47B | $1.54B | $1.55B | $1.39B | $1.39B | $1.40B | $1.48B | $1.36B | $1.44B | $1.46B | $1.53B | $- | $467.25M | $467.25M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $- | $250.00K | $250.00K |
| Retained Earnings | $-2.59B | $-2.68B | $-2.74B | $-2.78B | $-2.81B | $-2.88B | $-2.93B | $-2.96B | $-2.97B | $-3.04B | $-2.92B | $-2.95B | $-2.98B | $-3.04B | $-3.08B | $-3.11B | $-3.14B | $- | $-805.50M | $-805.50M |
| Accumulated Other Comprehensive Income Loss | $-47.00M | $-47.00M | $-47.00M | $-47.00M | $-47.00M | $-47.00M | $-47.00M | $-49.00M | $-49.00M | $-57.00M | $-54.00M | $-52.00M | $-58.00M | $-63.00M | $-58.00M | $-71.00M | $-70.00M | $1.02B | $-95.25M | $-95.25M |
| Other Total Stockholders Equity | $5.19B | $5.20B | $5.19B | $5.18B | $5.17B | $5.17B | $5.16B | $5.15B | $5.15B | $4.63B | $4.63B | $4.63B | $4.63B | $4.63B | $4.63B | $4.63B | $4.63B | $- | $1.16B | $1.16B |
| Total Stockholders Equity | $2.56B | $2.47B | $2.41B | $2.35B | $2.33B | $2.24B | $2.19B | $2.14B | $2.13B | $1.54B | $1.66B | $1.64B | $1.59B | $1.53B | $1.50B | $1.46B | $1.43B | $1.02B | $254.75M | $254.75M |
| Total Equity | $2.56B | $2.47B | $2.41B | $2.35B | $2.33B | $2.24B | $2.19B | $2.14B | $2.13B | $1.54B | $1.66B | $1.64B | $1.59B | $1.53B | $1.50B | $1.46B | $1.43B | $1.02B | $254.75M | $254.75M |
| Total Liabilities and Stockholders Equity | $4.18B | $3.86B | $3.82B | $3.78B | $4.04B | $3.71B | $3.66B | $3.68B | $3.68B | $2.93B | $3.04B | $3.03B | $3.07B | $2.89B | $2.94B | $2.91B | $2.96B | $1.02B | $722.00M | $722.00M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.18B | $3.86B | $3.82B | $3.78B | $4.04B | $3.71B | $3.66B | $3.68B | $3.68B | $2.93B | $3.04B | $3.03B | $3.07B | $2.89B | $2.94B | $2.91B | $2.96B | $1.02B | $722.00M | $722.00M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $27.00M | $- | $- | $- | $25.00M | $170.00M | $- | $- |
| Total Debt | $458.00M | $460.00M | $469.00M | $484.00M | $497.00M | $483.00M | $591.00M | $610.00M | $394.00M | $503.00M | $580.00M | $629.00M | $490.00M | $588.00M | $659.00M | $642.00M | $530.00M | $- | $178.00M | $178.00M |
| Net Debt | $-140.00M | $262.00M | $320.00M | $324.00M | $30.00M | $436.00M | $556.00M | $436.00M | $88.00M | $440.00M | $511.00M | $516.00M | $250.00M | $510.00M | $568.00M | $612.00M | $469.00M | $85.00M | $156.75M | $156.75M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $213.00M | $168.00M | $405.00M | $154.00M | $85.00M |
| Depreciation and Amortization | $91.00M | $85.00M | $65.00M | $58.00M | $53.00M |
| Deferred Income Tax | $23.00M | $-52.00M | $-6.00M | $31.00M | $30.00M |
| Stock Based Compensation | $22.00M | $17.00M | $5.00M | $- | $- |
| Change in Working Capital | $-79.00M | $-14.00M | $-82.00M | $-65.00M | $-46.00M |
| Accounts Receivables | $-102.00M | $15.00M | $-1.00M | $-54.00M | $-35.00M |
| Inventory | $-29.00M | $-10.00M | $-33.00M | $42.00M | $-38.00M |
| Accounts Payables | $15.00M | $-59.00M | $-14.00M | $1.00M | $-58.00M |
| Other Working Capital | $37.00M | $40.00M | $-34.00M | $-54.00M | $85.00M |
| Other Non Cash Items | $1.00M | $1.00M | $-354.00M | $127.00M | $3.00M |
| Net Cash Provided by Operating Activities | $271.00M | $205.00M | $33.00M | $178.00M | $125.00M |
| Investments in Property Plant and Equipment | $-85.00M | $-60.00M | $-65.00M | $-60.00M | $-56.00M |
| Acquisitions Net | $- | $- | $501.00M | $-14.00M | $5.00M |
| Purchases of Investments | $- | $- | $- | $-2.00M | $-4.00M |
| Sales Maturities of Investments | $- | $- | $- | $60.00M | $-5.00M |
| Other Investing Activities | $1.00M | $1.00M | $482.00M | $55.00M | $-10.00M |
| Net Cash Used for Investing Activities | $-84.00M | $-59.00M | $436.00M | $39.00M | $-70.00M |
| Debt Repayment | $-43.00M | $8.00M | $-2.00M | $-38.00M | $-76.00M |
| Common Stock Issued | $16.00M | $12.00M | $- | $- | $- |
| Common Stock Repurchased | $-19.00M | $-1.00M | $- | $- | $- |
| Dividends Paid | $- | $- | $-396.00M | $- | $- |
| Other Financing Activities | $-10.00M | $-4.00M | $-5.00M | $- | $-4.00M |
| Net Cash Used Provided by Financing Activities | $-56.00M | $15.00M | $-403.00M | $-38.00M | $-80.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $1.00M |
| Net Change in Cash | $131.00M | $161.00M | $66.00M | $179.00M | $-24.00M |
| Cash at End of Period | $598.00M | $467.00M | $306.00M | $240.00M | $61.00M |
| Cash at Beginning of Period | $467.00M | $306.00M | $240.00M | $61.00M | $85.00M |
| Operating Cash Flow | $271.00M | $205.00M | $33.00M | $178.00M | $125.00M |
| Capital Expenditure | $-85.00M | $-60.00M | $-65.00M | $-60.00M | $-56.00M |
| Free Cash Flow | $186.00M | $145.00M | $-32.00M | $118.00M | $69.00M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $89.00M | $57.00M | $38.00M | $29.00M | $74.00M | $47.00M | $35.00M | $12.00M | $65.00M | $279.00M | $25.00M | $36.00M | $58.00M | $35.00M | $32.00M | $29.00M | $47.00M | $15.00M | $13.00M | $10.00M |
| Depreciation and Amortization | $23.00M | $23.00M | $23.00M | $22.00M | $22.00M | $21.00M | $20.00M | $22.00M | $17.00M | $17.00M | $16.00M | $15.00M | $14.00M | $16.00M | $14.00M | $14.00M | $13.00M | $14.00M | $13.00M | $13.00M |
| Deferred Income Tax | $22.00M | $- | $1.00M | $- | $-39.00M | $-19.00M | $6.00M | $- | $-16.00M | $-4.00M | $3.00M | $11.00M | $-2.00M | $10.00M | $11.00M | $12.00M | $22.00M | $2.00M | $4.00M | $2.00M |
| Stock Based Compensation | $6.00M | $5.00M | $10.00M | $1.00M | $17.00M | $- | $4.00M | $4.00M | $5.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $303.00M | $-26.00M | $-39.00M | $-317.00M | $453.00M | $-18.00M | $-77.00M | $-372.00M | $212.00M | $54.00M | $-31.00M | $-317.00M | $218.00M | $13.00M | $12.00M | $-308.00M | $261.00M | $-25.00M | $42.00M | $-324.00M |
| Accounts Receivables | $109.00M | $-9.00M | $6.00M | $-43.00M | $49.00M | $-2.00M | $-40.00M | $8.00M | $16.00M | $-41.00M | $11.00M | $13.00M | $-60.00M | $9.00M | $-18.00M | $15.00M | $2.00M | $-57.00M | $2.00M | $18.00M |
| Inventory | $5.00M | $4.00M | $-25.00M | $-13.00M | $54.00M | $-5.00M | $-14.00M | $-45.00M | $10.00M | $4.00M | $-17.00M | $-30.00M | $10.00M | $42.00M | $5.00M | $-15.00M | $-6.00M | $15.00M | $3.00M | $-50.00M |
| Accounts Payables | $121.00M | $29.00M | $43.00M | $-178.00M | $70.00M | $38.00M | $32.00M | $-199.00M | $166.00M | $-15.00M | $50.00M | $-215.00M | $194.00M | $-21.00M | $-37.00M | $-135.00M | $118.00M | $38.00M | $-5.00M | $-209.00M |
| Other Working Capital | $68.00M | $-50.00M | $-63.00M | $-83.00M | $280.00M | $-49.00M | $-55.00M | $-136.00M | $20.00M | $106.00M | $-28.00M | $-85.00M | $74.00M | $-17.00M | $62.00M | $-173.00M | $147.00M | $-21.00M | $58.00M | $-83.00M |
| Other Non Cash Items | $- | $- | $33.00M | $279.00M | $-12.00M | $5.00M | $4.00M | $4.00M | $-4.00M | $-350.00M | $29.00M | $262.00M | $1.00M | $2.00M | $-5.00M | $4.00M | $12.00M | $-9.00M | $-3.00M | $3.00M |
| Net Cash Provided by Operating Activities | $443.00M | $59.00M | $34.00M | $-265.00M | $515.00M | $36.00M | $-12.00M | $-334.00M | $279.00M | $-4.00M | $13.00M | $-255.00M | $289.00M | $74.00M | $64.00M | $-249.00M | $355.00M | $-3.00M | $69.00M | $-296.00M |
| Investments in Property Plant and Equipment | $-29.00M | $-12.00M | $-34.00M | $-10.00M | $-18.00M | $-15.00M | $-12.00M | $-15.00M | $-30.00M | $-13.00M | $-9.00M | $-13.00M | $-18.00M | $-13.00M | $-16.00M | $-13.00M | $-19.00M | $-5.00M | $-19.00M | $-13.00M |
| Acquisitions Net | $- | $- | $- | $- | $1.00M | $-1.00M | $- | $1.00M | $18.00M | $483.00M | $- | $- | $1.00M | $-13.00M | $- | $- | $3.00M | $-3.00M | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.00M | $1.00M | $-2.00M | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $1.00M | $-34.00M | $- | $1.00M | $-1.00M | $- | $1.00M | $-1.00M | $483.00M | $- | $- | $-2.00M | $1.00M | $-2.00M | $115.00M | $-116.00M | $2.00M | $4.00M | $96.00M |
| Net Cash Used for Investing Activities | $-29.00M | $-11.00M | $-34.00M | $-10.00M | $-17.00M | $-16.00M | $-12.00M | $-14.00M | $-12.00M | $470.00M | $-9.00M | $-13.00M | $-19.00M | $-26.00M | $-18.00M | $102.00M | $-132.00M | $-6.00M | $-15.00M | $83.00M |
| Debt Repayment | $- | $-2.00M | $-12.00M | $-29.00M | $-82.00M | $-10.00M | $-118.00M | $218.00M | $-25.00M | $-70.00M | $-48.00M | $141.00M | $-109.00M | $-63.00M | $17.00M | $117.00M | $-257.00M | $-25.00M | $38.00M | $168.00M |
| Common Stock Issued | $3.00M | $6.00M | $5.00M | $2.00M | $4.00M | $2.00M | $5.00M | $1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-15.00M | $- | $-2.00M | $-2.00M | $- | $- | $- | $-1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $-396.00M | $-396.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-2.00M | $-3.00M | $-2.00M | $-5.00M | $- | $- | $-2.00M | $-2.00M | $397.00M | $-6.00M | $- | $- | $1.00M | $1.00M | $-1.00M | $-1.00M | $-4.00M | $- | $-4.00M | $4.00M |
| Net Cash Used Provided by Financing Activities | $-14.00M | $1.00M | $-11.00M | $-32.00M | $-78.00M | $-8.00M | $-115.00M | $216.00M | $-24.00M | $-472.00M | $-48.00M | $141.00M | $-108.00M | $-62.00M | $16.00M | $116.00M | $-261.00M | $-25.00M | $34.00M | $172.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-124.00M | $9.00M | $115.00M | $- | $- | $- | $- | $- | $- | $1.00M | $-1.00M | $- | $2.00M | $3.00M | $-4.00M | $- |
| Net Change in Cash | $400.00M | $49.00M | $-11.00M | $-307.00M | $420.00M | $12.00M | $-139.00M | $-132.00M | $243.00M | $-6.00M | $-44.00M | $-127.00M | $162.00M | $-13.00M | $61.00M | $-31.00M | $-37.00M | $-30.00M | $84.00M | $-41.00M |
| Cash at End of Period | $598.00M | $198.00M | $149.00M | $160.00M | $467.00M | $47.00M | $35.00M | $174.00M | $306.00M | $63.00M | $69.00M | $113.00M | $240.00M | $78.00M | $91.00M | $30.00M | $61.00M | $98.00M | $128.00M | $44.00M |
| Cash at Beginning of Period | $198.00M | $149.00M | $160.00M | $467.00M | $47.00M | $35.00M | $174.00M | $306.00M | $63.00M | $69.00M | $113.00M | $240.00M | $78.00M | $91.00M | $30.00M | $61.00M | $98.00M | $128.00M | $44.00M | $85.00M |
| Operating Cash Flow | $443.00M | $59.00M | $34.00M | $-265.00M | $515.00M | $36.00M | $-12.00M | $-334.00M | $279.00M | $-4.00M | $13.00M | $-255.00M | $289.00M | $74.00M | $64.00M | $-249.00M | $355.00M | $-3.00M | $69.00M | $-296.00M |
| Capital Expenditure | $-29.00M | $-12.00M | $-34.00M | $-10.00M | $-18.00M | $-15.00M | $-12.00M | $-15.00M | $-30.00M | $-13.00M | $-9.00M | $-13.00M | $-18.00M | $-13.00M | $-16.00M | $-13.00M | $-19.00M | $-5.00M | $-19.00M | $-13.00M |
| Free Cash Flow | $414.00M | $47.00M | $- | $-275.00M | $497.00M | $21.00M | $-24.00M | $-349.00M | $249.00M | $-17.00M | $4.00M | $-268.00M | $271.00M | $61.00M | $48.00M | $-262.00M | $336.00M | $-8.00M | $50.00M | $-309.00M |
Leonardo DRS Dividends
Explore Leonardo DRS's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
-
Dividend Paid & Capex Coverage Ratio
3.19x
Leonardo DRS Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.09 | $0.09 | March 13, 2025 | March 13, 2025 | March 27, 2025 | February 20, 2025 |
Leonardo DRS News
Read the latest news about Leonardo DRS, including recent articles, headlines, and updates.
DRS or HEI: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Aerospace - Defense Equipment sector have probably already heard of Leonardo DRS, Inc. (DRS) and Heico Corporation (HEI). But which of these two stocks offers value investors a better bang for their buck right now?
Leonardo DRS Schedules First Quarter 2025 Earnings Conference Call for May 1, 2025
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 supplemental information will be available on the company's investor relations website. To attend the conference.
Leonardo DRS to Develop Prototype Next-Generation Weapons Control System for U.S. Army M109A7 Paladin
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 project award Leonardo DRS will develop a next-generation prototype with current electrical technology.
Leonardo DRS Launches Next-Generation A.I. Processor to Give Warfighters Greater Tactical Edge
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 with A.I. algorithms in current and future U.S. Army combat applications and is engineered to process.
Leonardo DRS Celebrates Delivery of 100,000th Mission Critical Combat Computing System to the U.S. Army
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 vehicles and command post operations. MFoCS is an advanced modular computing hardware system that is the.
Leonardo DRS Announces Successful Delivery of Next-Generation Voice Communication Systems for U.S. Navy Arleigh Burke DDG51-Class Destroyers
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 is the latest generation shipboard communications technology that provides reliable, tactical communica.
Leonardo DRS Receives $45 Million U.S. Navy Investment Commitment to Bolster US Submarine Industrial Base
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 Goose Creek, SC, and includes capital equipment and other infrastructure enhancements. The $45 million.
Leonardo DRS, Inc. (DRS) Q4 2024 Earnings Call Transcript
Leonardo DRS, Inc. (NASDAQ:DRS ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Steve Vather - Senior Vice President, Investor Relations and Corporate Finance Bill Lynn - Chairman and Chief Executive Officer Mike Dippold - Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Peter Arment - RW Baird Andre Madrid - BTIG Michael Ciarmoli - Truist Securities Ronald Epstein - Bank of America Jon Tanwanteng - CJS Securities Operator Ladies and gentlemen, good day, and welcome to the Leonardo DRS Fourth Quarter Fiscal Year 2024 Earnings Conference Call. At this time all participants' are in a listen-only mode.
Compared to Estimates, Leonardo DRS, Inc. (DRS) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Leonardo DRS, Inc. (DRS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the fourth quarter and full year ended December 31, 2024. CEO Commentary “Our 2024 financial results exceeded our expectations. DRS delivered record bookings, mid-teens organic revenue growth, healthy adjusted EBITDA margin expansion and solid free cash flow generation. The DRS team's focus on our customers and helping address their most ch.
Leonardo DRS Awarded $99 Million Contract to Modernize U.S. Army's Mortar Fire Control System
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The firm fixed-price IDIQ contract is worth more than $99 million. Under the contract, Leonardo DRS is responsible for the production and delivery of fire control systems and fielding services to support mortar Weapons and Fire Control programs. The MFCS modernizes the U.S. Army's current mortar fire co.
Leonardo DRS Recognized as a Subcontract Supplier of the Year by BAE Systems
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with two awards from BAE Systems for outstanding supplier performance and a commitment to operational excellence in 2024. Leonardo DRS was recognized with BAE Systems' Subcontract Supplier of the Year award for creating and delivering best-in-class products that support the warfighter. The company was also recognized as a top-level Gold Medallion for achieving a rating of 100% on both d.
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