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24.02.26 - 13:36
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Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2025 (Business Wire)
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Revenue: $1.1 billion for the fourth quarter and $3.6 billion for the year
Net Earnings: $102 million for the fourth quarter and $278 million for the year
Adjusted EBITDA: $158 million for the fourth quarter and $453 million for the year
Diluted EPS: $0.38 for the fourth quarter and $1.03 for the year
Adjusted Diluted EPS: $0.42 for the fourth quarter and $1.15 for the year
Bookings: $1.1 billion for the fourth quarter and $4.2 billion for the year (full year 2025 book-to-bill ratio of 1.2x)
Backlog: $8.7 billion, up 3% from prior year
Initiates strong 2026 guidance
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, 2025.
CEO Commentary
“Our 2025 results exemplify another year of exceptional customer demand and double-digit revenue growth. We are investing, innovating and delivering mission-critical capabilities at speed for our customers. Our comp...
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12.01.26 - 14:06
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Leonardo DRS Schedules Fourth Quarter 2025 and Full Year 2025 Earnings Conference Call for February 24, 2026 (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, February 24, 2026 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2025 and full year 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 call or webcast, participants should register online at https://investors.leonardodrs.com.
A replay will be available on the company's website approximately two hours after the conclusion of the conference call and will remain available for 90 days.
About Leonardo DRS
Headquartered in Arlington, VA, Leonardo DRS, Inc. is an innovative and agile provider of advanced defense technology to U.S. national security customers and allies around the world. We specialize in the design, development ...
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06.01.26 - 22:06
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Leonardo DRS Names Sally Wallace as Chief Operating Officer (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been with the company since 2002, will assume her new responsibilities effective immediately and will continue to report directly to CEO John Baylouny.
“Wallace is a strong leader and a trusted partner. Throughout her tenure at Leonardo DRS, she has been instrumental in driving excellence and business improvement. I look forward to working closely with her and the entire leadership team to position the company for sustained growth and long-term success,” said John Baylouny, President & CEO of Leonardo DRS.
“I am honored to take on this increased responsibility,” said Wallace. “This is an exciting time for Leonardo DRS. We have an incredible team and strong market positions with ample growth opportunities. I am excited to work with our talented team to continue delivering exceptional technology to our nation...
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05.01.26 - 14:03
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John Baylouny Takes Reins as CEO of Leonardo DRS (Business Wire)
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Says company is uniquely positioned to rapidly deliver disruptive, trusted defense technologies at the speed of today's warfare.ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that John Baylouny has officially assumed the role of President and Chief Executive Officer, effective January 1, 2026.
Baylouny is deeply rooted in the organization, bringing more than 35 years of experience across senior leadership, engineering, design, operations, and P&L leadership roles. As COO, he oversaw the company's workforce across both operating segments and drove enterprise strategy for next-generation capability development. He has deep experience and a relentless drive for excellence, with an unwavering commitment to our warfighters. Baylouny's leadership marks a bold new chapter for Leonardo DRS, one which he believes will be defined by speed and innovation.
“This is a defining moment for our industry, and we intend to lead from the front,” Baylouny said. “Leonardo DRS is uni...
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