Leonardo DRS, Inc. 8K

Leonardo DRS, Inc. announced strong Q2 2026 results with higher revenue and profitability, raised its 2026 adjusted guidance, declared a dividend, and highlighted a pending $450 million acquisition of Raft to bolster AI and mission software capabilities.

On July 30, 2026, Leonardo DRS, Inc. reported strong financial results for the quarter ended June 30, 2026, highlighted by 10% year-over-year revenue growth to $913 million, a 59% increase in net earnings to $86 million, substantial improvement in adjusted EBITDA and adjusted EPS, record funded backlog of $5.1 billion on $1.1 billion of bookings, and continued margin expansion across both its Advanced Sensing & Computing and Integrated Mission Systems segments; the company also raised its full-year 2026 guidance for adjusted EBITDA and adjusted diluted EPS (excluding a pending $450 million acquisition of Raft that will expand its multi-domain AI and mission software capabilities), declared a $0.09 per share cash dividend payable August 27, 2026, and noted ongoing share repurchases, supported by a strong balance sheet with $270 million of cash and no borrowings under its credit facility.

Filing Facts

CIK

1833756

Ticker

-

Form

8K

Source Type

sec

Accession

0001833756-26-000037

Alert Tier

7