leonardo drs is a prime contractor, leading technology innovator and supplier of integrated products, services and support to military forces, intelligence agencies and defense contractors worldwide. the company specializes in naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, avionics systems, and intelligence and security solutions. additionally, the company builds power systems and electro-optical/infrared systems for a wide range of commercial customers. headquartered in arlington, virginia, leonardo drs is a wholly owned subsidiary of leonardo s.p.a., which employs more than 47,000 people worldwide. see the full range of capabilities at www.leonardodrs.com and on twitter @drstechnologies.
Company profile
Ticker
DRS
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
3083683 Nova Scotia Limited • Daylight Defense, LLC • Daylight Solutions, Inc. • DRS Advanced ISR, LLC • DRS Defense Solutions, LLC • DRS Environmental Systems, Inc. • DRS Homeland Security Solutions, Inc. • DRS International, Inc. • DRS Naval Power Systems, Inc. • DRS Network & Imaging Systems, LLC ...
IRS number
132632319
DRS stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 24
S-8
Registration of securities for employees
17 May 24
S-8
Registration of securities for employees
17 May 24
8-K
Departure of Directors or Certain Officers
16 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Leonardo DRS Announces Financial Results for Summary Financial Results
1 May 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
8-K
Leonardo DRS 2024 Investor Day Highlights
14 Mar 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 160.00 mm | 160.00 mm | 160.00 mm | 160.00 mm | 160.00 mm | 160.00 mm |
Cash burn (monthly) | 102.33 mm | 1.17 mm | (no burn) | (no burn) | 88.33 mm | (no burn) |
Cash used (since last report) | 395.68 mm | 4.51 mm | n/a | n/a | 341.55 mm | n/a |
Cash remaining | -235.68 mm | 155.49 mm | n/a | n/a | -181.55 mm | n/a |
Runway (months of cash) | -2.3 | 133.3 | n/a | n/a | -2.1 | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 171 |
Opened positions | 161 |
Closed positions | 5 |
Increased positions | 4 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.23 tn |
Total shares | 276.14 mm |
Total puts | 272.40 k |
Total calls | 523.90 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Leonardo US Holding | 210.45 mm | $0.00 |
Vanguard | 7.55 mm | $166.87 bn |
BLK Blackrock | 5.87 mm | $129.76 bn |
T. Rowe Price Investment Management | 5.28 mm | $116.65 mm |
STT State Street | 4.12 mm | $91.05 bn |
Alliancebernstein | 4.07 mm | $89.88 bn |
MCQEF Macquarie | 2.89 mm | $63.95 bn |
Silvercrest Asset Management | 2.85 mm | $63.04 bn |
IVZ Invesco | 2.53 mm | $55.84 bn |
T. Rowe Price | 2.18 mm | $48.17 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 24 | Gail Baker | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,785 | 0.00 | 20,310 |
1 Jun 24 | Gail Baker | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,785 | 0.00 | 0 |
1 Jun 24 | Louis R Brothers Jr | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,785 | 0.00 | 14,322 |
1 Jun 24 | Louis R Brothers Jr | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,785 | 0.00 | 0 |
1 Jun 24 | David W Carey | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,785 | 0.00 | 20,310 |
1 Jun 24 | David W Carey | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,785 | 0.00 | 0 |
1 Jun 24 | George Casey | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,785 | 0.00 | 20,310 |
1 Jun 24 | George Casey | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,785 | 0.00 | 0 |
1 Jun 24 | Mary E Gallagher | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,785 | 0.00 | 20,310 |
1 Jun 24 | Mary E Gallagher | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,785 | 0.00 | 0 |
News
Truist Securities Maintains Buy on Leonardo DRS, Raises Price Target to $30
17 Jul 24
Teledyne Wins Deal to Supply Thermal Sighting Devices
11 Jul 24
Truist Securities Maintains Buy on Leonardo DRS, Raises Price Target to $27
5 Jun 24
Jim Cramer: Energy Transfer Has 'Done A Very Good Job,' Recommends Selling This Tech Stock
5 Jun 24
Morgan Stanley Initiates Coverage On Leonardo DRS with Equal-Weight Rating, Announces Price Target of $26
24 May 24
Press releases
BAE Systems honors Leonardo DRS with a 'Partner 2 Win' Supplier of the Year award
17 Jul 24
Leonardo DRS Recognized for Commitment to National Security with 2024 James S. Cogswell Award
16 Jul 24
Leonardo DRS Tapped to Provide Additional Advanced Laser Systems to Protect U.S. Military Aircraft from Missile Threats
10 Jun 24
U.S. Navy Awards Leonardo DRS Radar Design Agent and Engineering Services for AN/SPQ-9B
28 May 24
Leonardo DRS Awarded Contract to Build Next-Generation Aerial Refueling Operator Station for KC-46 Pegasus Tanker Fleet
7 May 24