DRS

In the past six months, Leonardo DRS's stock experienced several notable events. The company reported strong financial results for Q1 2026 with revenue up 6% to $846 million and net earnings up 24% to $62 million, and for Q2 2026 with revenue up 10% to $913 million and net earnings up 59% to $86 million. Leonardo DRS declared a cash dividend of $0.09 per common share payable on March 24, 2026, and June 2, 2026. Its parent company, Leonardo US Holding, LLC, completed an upsized secondary public offering of 20,700,000 common shares at $17.75 per share, from which Leonardo DRS received no proceeds. The company secured several significant contracts, including an electric propulsion system for South Korea's KDDX destroyer, a $39.6 million JTT-X production award, $96 million in contracts for MK 41 Vertical Launching System electronics, and selection by the U.S. Space Force for advanced Space Superiority Solutions. While the stock price showed short-term pressure with 30-day and 90-day returns down 8.62% and 17.34% respectively as of September 20, 2026, its year-to-date return was up 6.93% and the three-year total shareholder return was up 130.97%, with analysts generally viewing the stock as undervalued with a consensus price target of $53.17.