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Leonardo DRS — Third Quarter 2026 Earnings Summary

Leonardo DRS reported third-quarter 2026 revenue of $1.1 billion, representing an 11% year-over-year increase, while net earnings rose 60% to $115 million. The company achieved a record funded backlog of $5.6 billion, up 21% from the prior year, and secured $1.6 billion in new bookings for a 1.5x book-to-bill ratio. Based on this strong performance, Leonardo DRS raised its full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS. Additionally, the Board declared a cash dividend of $0.09 per share, payable on November 25, 2026.

Company
LEONARDO DRS INC
Sector
Industrials
Industry
Aerospace & Defense