Leonardo DRS Establishes UK Subsidiary and Launches Local Capabilities for its Tactical Radars including Full Manufacturing

ARLINGTON, Va., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced the establishment of DRS UK, a new subsidiary created to support the company's business in the United Kingdom, along with the launch of local production of tactical radars in the UK.

GlobeNewsWire • Oct 5, 2026

Leonardo DRS Completes Training and Delivery of INOD Block III Thermal Weapon Sights for the Australian Army

ARLINGTON, Va., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has completed final training and delivery for the Improved Night/Day Observation Device (INOD) Block III thermal weapon sights provided to the Australian Army under the LAND 159 Tranche 1 program.

GlobeNewsWire • Oct 5, 2026

Leonardo DRS Schedules Third Quarter 2026 Earnings Conference Call for October 29, 2026

ARLINGTON, Va., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, October 29, 2026 beginning at 10:00 a.m.

GlobeNewsWire • Sep 29, 2026

Leonardo DRS to Provide Electric Propulsion System for the Republic of Korea Navy Next-Generation KDDX Destroyer Program

ARLINGTON, Va., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has entered into a contract with Doosan Enerbility to provide the electric propulsion system for the Republic of Korea Navy's KDDX destroyer program, the lead ship of which is being built by Hanwha Ocean.

GlobeNewsWire • Sep 17, 2026

Leonardo DRS Extends Naval Aviation's Communications Edge With $39.6 Million JTT-X Production Award

ARLINGTON, Va., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that its Airborne and Intelligence Systems business unit has been awarded a $39.6 million contract by Naval Air Systems Command (NAVAIR) for the production and delivery of Joint Tactical Terminal Transceiver (JTT-X) units.

GlobeNewsWire • Sep 14, 2026

Leonardo DRS Awarded $96 Million in Contracts to Provide Critical MK 41 Vertical Launching System Electronics Hardware

ARLINGTON, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded contracts totaling $96 million to provide critical electronics hardware for the MK 41 Vertical Launching System (VLS).

GlobeNewsWire • Sep 10, 2026

Leonardo DRS: The Defense Stock Built For The Next Upgrade Cycle

Leonardo DRS receives a Buy rating, driven by operational progress, robust upgrade cycles, and strong positioning in defense electronics and power systems. DRS's business model leverages installed hardware, recurring upgrade opportunities, and integration advantages, supporting durable revenue streams across multiple military platforms. Valuation reflects a growth premium—current multiples require sustained earnings improvement, with a 12-month target price of $43 offering 17% upside.

Seeking Alpha • Sep 8, 2026

Leonardo DRS Selected by United States Space Force to Advance Technology in support of advanced Space Superiority Solutions

ARLINGTON, Va., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced it has been awarded an Other Transaction Agreement contract for Prototype by the U.S. Space Force to advance next-generation technology designed to further strengthen U.S. national defense capabilities.

GlobeNewsWire • Sep 1, 2026

Down 19.5% in 4 Weeks, Here's Why Leonardo DRS, Inc. (DRS) Looks Ripe for a Turnaround

Leonardo DRS, Inc. (DRS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Zacks Investment Research • Aug 25, 2026

Is Leonardo DRS, Inc. (DRS) Stock Outpacing Its Aerospace Peers This Year?

Here is how Leonardo DRS, Inc. (DRS) and Outdoor Holding Company (POWW) have performed compared to their sector so far this year.

Zacks Investment Research • Aug 20, 2026