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29.10.25 - 12:51
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Leonardo DRS Announces Board and CEO Transition (Business Wire)
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William J. Lynn to retire as Chairman and Chief Executive Officer
John Baylouny named President & Chief Executive Officer and member of the Board of Directors
Frances Fragos Townsend named Chair of the Board of Directors
All changes effective January 1, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the company. The Board of Directors has unanimously named John Baylouny as President & Chief Executive Officer and a member of the Board. Additionally, the Board of Directors has unanimously elected Frances (Fran) Fragos Townsend as Board Chair. All changes are effective January 1, 2026.
Bill Lynn was named CEO of Leonardo DRS in 2012 and during his tenure transformed the company into a modern, technology-driven organization. Under his leadership, the company followed a strategy focused on building differentiated positions across four core markets: advanced sen...
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29.10.25 - 12:33
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Leonardo DRS Announces Financial Results for Third Quarter 2025 (Business Wire)
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Revenue: $960 million, up 18% year-over-year
Net Earnings: $72 million, up 26% year-over-year
Adjusted EBITDA: $117 million, up 17% year-over-year
Diluted EPS: $0.26, up 24% year-over-year
Adjusted Diluted EPS: $0.29, up 21% year-over-year
Bookings: $1.3 billion (book-to-bill ratio of 1.4x)
Backlog: $8.9 billion, up 8% year-over-year
Revises 2025 guidance for revenue and Adjusted Diluted EPS
Dividend: Company declares $0.09 cash dividend per share to be paid on December 2, 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025.
CEO Commentary
“Broad-based customer demand was evident in our exceptional bookings and organic revenue growth in the third quarter. Our year-to-date performance puts us on a solid path to deliver double-digit revenue growth and to execute against our financial commitments for 2025. We are making steady progress on stren...
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19.10.25 - 16:09
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IonQ, Tempus AI And AeroVironment Are Among Top 10 Large Cap Losers Last Week (Oct. 13-Oct. 17): Are the Others in Your Portfolio? (Benzinga)
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Top large-cap losers last week included IonQ, Tempus AI, AeroVironment, Astera Labs, Nebius, Kratos, F5, Klarna, Leonardo DRS, and First Horizon, driven by sector pullbacks, policy concerns on defense buybacks, a high-profile cyber breach, and weak earnings.
read more...
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29.09.25 - 14:03
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Leonardo DRS Schedules Third Quarter 2025 Earnings Conference Call for October 29, 2025 (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Wednesday, October 29, 2025 beginning at 10:00 a.m. (ET) to discuss its third 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 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 and manufacture of ...
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