Leonardo DRS (DRS)
Industrials · Defense electronics and systems integration
Mid-sized defense technology provider delivering advanced sensing, network computing, and naval propulsion systems to U.S. military and allied forces.
What Leonardo DRS does
Leonardo DRS designs, develops, manufactures, and integrates advanced defense technologies for U.S. national security customers and allied defense forces. The company specializes in sensing, network computing, force protection, and electric power and propulsion technologies across land, air, sea, space and cyber domains. Operations are structured into two segments: Advanced Sensing and Computing (sensing, EO/IR, SIGINT, electronic warfare, edge computing) and Integrated Mission Systems (power conversion, ship propulsion, force protection systems).
Themes: ["defense technology","advanced sensing and surveillance","naval propulsion and power systems","electronic warfare","unmanned aircraft systems (counter-UAS)","tactical edge computing / AI-enabled combat systems","force protection","network computing and data fusion"]
Fundamentals
- Price$44.67 as of 2026-07-09 close
- Market cap$11.9B as of 2026-07-10
- 1-year return-3.7% as of 2026-07-09 close
- P/E41.09 as of 2026-07-10
- Net margin+7.8% as of 2026-07-10
- Gross margin+24.4% as of 2026-07-10
- ROE+10.8% as of 2026-07-10
- Debt / equity0.05 as of 2026-07-10
- Revenue growth (YoY)+10.5% as of 2026-07-10
- Revenue CAGR (3y)+10.6% SEC XBRL
- Beta0.38 as of 2026-07-10
Dividend: yield +0.8%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on U.S. Department of Defense contracts which are subject to immediate termination, government spending changes, and appropriations disruptions including potential government shutdowns","Fixed-price contract exposure creates risk of cost overruns and margin compression if costs exceed estimates","Supply chain vulnerabilities including extended lead times and component shortages for electronics and specialized defense hardware"]
Competitors & peers
- Northrop Grumman (NOC)
- Raytheon Technologies (RTX)
- L3Harris Technologies (LHX)
- General Dynamics (GD)
- Lockheed Martin (LMT)
- FLIR Systems
- Elbit Systems
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.