Leonardo DRS Inc - Company Profile
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Leonardo DRS Inc (Leonardo), a subsidiary of Leonardo SpA, manufactures, supplies, and technology innovator of defense systems. The company’s product’s portfolio include intelligence products, mid-infrared laser light, imaging and detection solution, sensors, critical mission communication equipment and systems. DRS also provides computing and information technology; surveillance, reconnaissance and EOIR; defense systems; intelligence and security; power and propulsion; surveillance, reconnaissance and EOIR; and sustainment, logistics and advanced services. It serves military forces, intelligence agencies and prime contractors in the US and Canada. Leonardo is headquartered in Arlington, Virginia, the US.
Headquarters
United States of America
Address
Suite 1000, 2345 Crystal Drive, Arlington, Virginia, 22202
Website
www.leonardodrs.com
Telephone
1 703 4168000
No of Employees
6,600
Industry
Aerospace and Defense
Ticker Symbol & Exchange
DRS (NASD)
Revenue (2023)
$2.8B
4.9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-58.5%
(2023 vs 2022)
Market Cap*
$5.6B
Net Profit Margin (2023)
XYZ
-60.5%
(2023 vs 2022)
* As of and is in US$
Leonardo DRS Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Air Combat Maneuvering Instrumentation Systems | Advanced Program Support | : |
| Air Combat Training Systems | Agile Watching of Assets and Resources | Leonardo |
| Airborne and Maritime Mission Support | Arctic Broadband | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company secured contracts, worth US$3 billion, to deliver integrated electric propulsion system products for the Columbia-class submarines of the US Navy. |
| 2023 | Contracts/Agreements | In November, the company secured a 30-month performance prototype contract from the US Army to produce the next-generation Joint Effects Targeting System II. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement for the production of its next-generation thermal weapon sights for the U.S. Army. |
Competitor Comparison
| Key Parameters | Leonardo DRS Inc | RTX Corp | General Dynamics Corp | Northrop Grumman Corp | BAE Systems Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United Kingdom |
| City | Arlington | Arlington | Reston | Falls Church | London |
| State/Province | Virginia | Virginia | Virginia | Virginia | England |
| No. of Employees | 6,600 | 185,000 | 111,600 | 101,000 | 99,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William J. Lynn III | Chief Executive Officer; Chairman | Executive Board | - | 69 |
| Michael Dippold | Executive Vice President; Chief Financial Officer | Senior Management | 2017 | 42 |
| John Baylouny | Chief Operating Officer; Executive Vice President | Senior Management | - | 61 |
| Philip Perconti | Chief Technology Officer | Senior Management | 2021 | - |
| Jason Rinsky | Senior Vice President; Chief Tax and Treasury Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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