Leonardo DRS, Inc. (DRS)

Over the past six months, Leonardo DRS's stock price has experienced fluctuations. As of November 20, 2025, the share price was $33.08, representing a decline of 7.34% from $35.70 on November 21, 2024. The company reported strong financial results for the third quarter of 2025, with revenue up 18% year-over-year to $960 million and net earnings up 26% to $72 million, beating analyst estimates. Leonardo DRS also declared a cash dividend of $0.09 per common share payable on December 2, 2025.

While Leonardo DRS's business is not inherently seasonal, a significant portion of its revenue, profit, and cash flows are realized in the fourth quarter, influenced by the federal government's budgeting cycle.

Leonardo DRS, Inc. is a U.S.-based defense contractor specializing in advanced defense technologies and systems. The company designs, develops, and manufactures advanced sensing, network computing, force protection, and electric power and propulsion technologies. Its offerings are utilized across land, air, sea, space, and cyber domains and operates through two main segments: Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS).

Headquartered in Arlington, Virginia, Leonardo DRS serves U.S. national security customers and allies globally. The company has a global presence with employees across five continents, including North America, Europe, and Asia. DRS RADA Technologies subsidiary has facilities in Beer Sheva and Beit Shean, Israel.

Leonardo DRS has enhanced its product portfolio through strategic partnerships and acquisitions, such as the defense division acquisition from Iveco Group and collaborations with Textron. The company has been recognized for its innovation in military technology, with recent launches of AI processors for combat vehicles and tactical edge solutions. Its participation in major industry events and recent contract announcements highlight its active engagement and visibility in high-profile defense markets.

Leonardo S.p.A., an Italian aerospace and defense company, holds approximately 71.32% of Leonardo DRS. Institutional investors collectively hold a significant portion of the company's stock, including Vanguard Group Inc., BlackRock, Inc., and Fmr Llc. Approximately 18.80% of the company's stock is owned by institutional investors, 0.31% by insiders, and 80.89% by public companies and individual investors.