Leonardo DRS Inc (Leonardo), a subsidiary of Leonardo SpA, is a provider of defense electronics products, systems and support services that are used across land, air, sea, space and cyber domains. The company's major products include naval propulsion systems, electro-optical sensors, electronic warfare systems, and other mission-critical technologies. It serves the US military, aerospace and defense prime contractors, government intelligence agencies, international military customers and industrial markets.

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Leonardo's R&D arm focuses on conducting research and development (R&D) activities through both company-funded and customer-funded initiatives to enhance existing products and services and develop future technologies. R&D costs encompass basic and applied research, concept formulation studies, design, development, and related testing activities. The company strives to maintain a valuable intellectual property portfolio, holding patents on various technologies and methods, as well as trade secrets that are protected from disclosure. It aims to navigate the complexities of U.S. government contracts, which may grant the government certain rights to data and technologies developed under such agreements, while ensuring that it retains sufficient leverage to protect its proprietary developments. In FY2025, the company incurred expenses of US$129 million on R&D, which as a percentage of revenue, stood at 3.5%.