Leonardo DRS, Inc. DRS

Company Overview

Leonardo DRS, Inc. is a U.S.-based defense technology company that designs, manufactures, and supports advanced systems and subsystems for military and national security customers. The company operates within the defense electronics, sensing, and mission systems industries, with a primary focus on supplying the U.S. Department of Defense and allied governments. Its offerings are embedded in naval, ground, air, and space platforms, emphasizing high-reliability and mission‑critical performance.

The company’s primary revenue drivers are its Advanced Sensing and Computing and Integrated Mission Systems business segments, which provide radar, electro‑optical/infrared sensing, power and propulsion, computing, and networked mission equipment. Leonardo DRS is positioned as a specialized, mid‑tier defense contractor with deep integration into U.S. military platforms and long program lifecycles, benefiting from high switching costs and sustained defense spending. The company traces its roots to DRS Technologies, founded in 1968, and became a wholly owned U.S. subsidiary of Leonardo S.p.A. before completing a partial public listing in 2022 while remaining majority owned by its parent.