Leonardo Drs Inc's Corporate Customers have recorded an advance in their cost of revenue by 9.28 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -27.54 %. During the corresponding time, Leonardo Drs Inc recorded a revenue increase by 5.88 % year on year, sequentially revenue fell by -20.19 %. While revenue at the Leonardo Drs Inc 's corporate clients recorded rose by 9.22 % year on year, sequentially revenue fell by -4.97 %.
Leonardo Drs Inc's Customers have recorded an advance in their cost of revenue by 9.28 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -27.54 %, for the same period Leonardo Drs Inc recorded revenue increase by 5.88 % year on year, sequentially revenue fell by -20.19 %.
Leonardo Drs Inc's Comment on Sales, Marketing and Customers
The company provides defense technology solutions to customers and allied defense forces worldwide, specializing in advanced sensing, network computing, force protection, and electric power and propulsion technologies. Its primary demand is concentrated in priority areas for the Department of the Navy (DoN), including counter-unmanned aircraft systems (C-UAS), advanced infrared sensing, network computing, and electric power and propulsion for next-generation naval vessels. The company's technologies are deployed across land, air, sea, space, and cyber domains on various platforms for the DoN and international defense agencies. It operates through two segments: Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment delivers sensing and network computing technologies that enable real-time situational awareness in complex and contested environments, supporting applications such as advanced detection, precision targeting, surveillance sensing, electro-optic/infrared (EO/IR), signals intelligence (SIGINT), electronic warfare (EW), ground vehicle sensing, tactical radars, and dismounted soldier sensing.
In a significant advancement for U.S. Army artillery capabilities, Leonardo DRS, Inc. has been awarded a $16.9 million contract to develop a next-generation prototype for the Paladin Electric Servo Amplifier (PESA) weapon control system. This project, authorized under an Other Transaction Authority (OTA), aims to enhance the operational effectiveness of the M109A7 Paladin self-propelled howitzer, a cornerstone of U.S. artillery forces.The PESA system plays a critical role in the M109A7 s operation, facilitating precise targeting and firing mechanics essential for modern warfare. As battlefield technology continues to evolve, there is an increasing necessity for military equipment to integrate contemporary el...
In a historic leap for naval defense technology, Leonardo DRS, Inc. has recently secured a significant contract from the U.S. Navy via the Naval Sea Systems Command (NAVSEA) to furnish the advanced AN/SPQ-9B ship protection radar systems. This contract, which could yield a cumulative financial input surpassing $235 million over several years, underscores Leonardo DRS’s prominence in the domain of maritime security innovation.The AN/SPQ-9B radar represents a critical component in the United States Navy s arsenal, facilitating the detection and tracking of both aerial and surface threats. Designed to provide enhanced situational awareness for naval vessels, this sophisticated system is an integral part of de...
Leonardo DRS Unveils New Facility at Aberdeen Proving Ground: A Leap into the Future of Defense Innovation In an era where technological advancement defines military supremacy, Leonardo DRS, Inc. has made a significant move to fortify its position in the defense landscape. The company announced the opening of a state-of-the-art facility at the U.S. Army s Aberdeen Proving Ground (APG) in Maryland - a strategic hub for military research and development. This initiative is poised to enhance collaboration on ongoing and future projects, reflecting the company’s commitment to innovation and operational readiness.Situated in the heart of a vibrant military testing ground, the new facility boasts an engineering ...
Leonardo DRS Delivers Critical C5I Capabilities for New Australian Army Combat VehiclesLeonardo DRS, Inc. (NASDAQ: DRS) recently announced the ahead-of-schedule delivery of critical Command, Control, Communications, Computers, Combat Systems, and Intelligence (C5I) capabilities for the Australian Army’s Heavy Armoured Capability Systems. This significant development provides the new vehicles with cutting-edge situational awareness technology, ensuring that the Australian Army remains ahead of emerging threats in the region. This delivery was facilitated through the U.S. Government’s Foreign Military Sales (FMS) program, highlighting the strong international collaboration and trust in Leonardo DRS’s ca...
ARLINGTON, Va. Leonardo DRS, Inc. (NASDAQ: DRS), a prominent defense contractor, has announced the receipt of a substantial $52 million follow-on production order for its sophisticated Sniper Weapon Sights aimed at enhancing the capabilities of U.S. Army snipers. This order is part of the ongoing Family of Weapon Sights-Sniper (FWS-S) Indefinite Delivery/Indefinite Quantity (IDIQ) contract, underlining the company s commitment to providing cutting-edge technology to military personnel.The FWS-S system integrates Leonardo DRS s proven cooled infrared imaging technology with existing daytime sniper optics, allowing for enhanced targeting capabilities across various environments. This clip-on thermal weapon ...
In a significant development for the defense sector, Leonardo DRS, Inc. has been awarded a substantial contract by the U.S. Navy valued at over $417 million. This investment is aimed at providing critical electronic combat control and sonar systems equipment for submarines across both the U.S. fleet and allied navies. The contract falls under the Technology Insertion Hardware TI-26 indefinite delivery/indefinite quantity program. It encompasses a wide range of activities including design, procurement, production, spares, testing, installation, and support.This contract reinforces Leonardo DRS’s position as a key player in the defense technology sector, specifically in enhancing naval warfare capabilities t...
ARLINGTON, Va. - Leonardo DRS, Inc. (NASDAQ: DRS) proudly announced today that it has been honored with the prestigious Partner 2 Win Supplier of the Year award by BAE Systems. This recognition is the result of Leonardo DRS s exceptional performance and significant contributions to the supply chain success of BAE Systems Electronic Systems sector in 2023. This achievement reflects Leonardo DRS s unwavering commitment to its customers and its strategic partnership with BAE Systems.Leonardo DRS Delivers 1,000th Infrared Sensor Key to U.S. Army Helicopter Missile Warning System:In addition to the recent Supplier of the Year award, Leonardo DRS has also accomplished a significant milestone by delivering the 1,00...
ARLINGTON, Va. Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has secured another significant contract to supply its cutting-edge Quantum Cascade Laser (QCL) technology. The new full-rate production contract, awarded by Northrop Grumman, will enhance the Common Infrared Countermeasure (CIRCM) systems designed to safeguard critical U.S. military aircraft from missile threats. This latest development reaffirms the longstanding and fruitful collaboration between Leonardo DRS and Northrop Grumman, focusing on evolving the technology to counter the sophisticated and proliferating threats posed by modern adversaries. Quantum Cascade Laser Technology for Superior Aircraft Protection Quantum Cascade Laser...
Leonardo DRS, Inc. (NASDAQ: DRS) has recently been awarded a significant contract from Boeing Defense, signaling a major stride for the company. The contract entails the production and delivery of upgraded Aerial Refueling Operator Stations (AROS 2.0) for the new U.S. Air Force KC-46 Pegasus refueling tanker aircraft. This exciting development positions Leonardo DRS as a key player in providing cutting-edge solutions for aerial refueling operations.Leonardo DRS has emerged as the chosen contractor to supply the advanced AROS 2.0 system, replacing the previous generation of refueling operator stations for Boeing s KC-46 Pegasus tanker fleet. The company s extensive experience in this field, having been the or...
Leonardo Drs Inc’s Comment on Sales, Marketing and Customers
The company provides defense technology solutions to customers and allied defense forces worldwide, specializing in advanced sensing, network computing, force protection, and electric power and propulsion technologies. Its primary demand is concentrated in priority areas for the Department of the Navy (DoN), including counter-unmanned aircraft systems (C-UAS), advanced infrared sensing, network computing, and electric power and propulsion for next-generation naval vessels. The company's technologies are deployed across land, air, sea, space, and cyber domains on various platforms for the DoN and international defense agencies. It operates through two segments: Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment delivers sensing and network computing technologies that enable real-time situational awareness in complex and contested environments, supporting applications such as advanced detection, precision targeting, surveillance sensing, electro-optic/infrared (EO/IR), signals intelligence (SIGINT), electronic warfare (EW), ground vehicle sensing, tactical radars, and dismounted soldier sensing.
Sources:
Leonardo Drs Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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