{"filings":[{"id":1950036,"accession_number":"0001833756-26-000037","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-07-30T11:29:35+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q2 revenue up 10% to $913M, EPS $0.32, raises guidance, acquires Raft for $450M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $913M (+10% YoY); net earnings $86M (+59%); diluted EPS $0.32 (+60%).","Adjusted EBITDA $128M (+33%); adjusted diluted EPS $0.35 (+52%).","Record funded backlog $5.1B (+17%); bookings $1.1B (book-to-bill 1.2x).","Raises 2026 guidance for Adjusted EBITDA and Adjusted Diluted EPS.","Announces $450M acquisition of Raft to expand AI, data fusion, and mission software capabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1902276,"accession_number":"0001833756-26-000034","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-07-28T15:30:44+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS to acquire Raft LLC for $450M in all-cash deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Raft LLC for $450M all-cash; expected to close Q4 2026.","Raft provides open-architecture mission software, AI, and data fusion for defense.","Deal expected to be accretive to adjusted diluted EPS in first full year.","DRS expects ~$50M present value tax benefit over 15 years from the transaction.","Funding via cash on hand and borrowings under revolving credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1719277,"accession_number":"0001833756-26-000031","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-07-17T20:15:36+00:00","items":["5.05","9.01"],"status":"ready","headline":"Leonardo DRS adopts updated Code of Ethics and Business Conduct","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved new Code of Conduct on July 15, 2026, effective July 17, 2026.","Code applies to all directors, officers, and employees of the company and its subsidiaries.","Replaces prior code in its entirety; no explicit or implicit waivers were granted.","Updates reflect current compliance best practices, streamlined provisions, and administrative enhancements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":443077,"accession_number":"0001833756-26-000027","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-05-14T20:20:25+00:00","items":["5.07"],"status":"ready","headline":"All proposals pass at Leonardo DRS 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; 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net earnings $62M (+24%); adjusted EBITDA $105M (+28%).","Diluted EPS $0.23 (+21% YoY); adjusted diluted EPS $0.26 (+30%).","Bookings $885M (book-to-bill 1.0x); funded backlog $4.7B (+8% YoY).","Company raises 2026 guidance across key metrics; declares $0.09/share dividend payable June 2.","CEO cites disciplined execution, program momentum, and sustained demand for differentiated technologies."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":846000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109502,"accession_number":"0001833756-26-000015","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Leonardo DRS board: David Carey retires, Reuben Jeffery III appointed April 1","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David W. Carey, director since 2009, retires March 31, 2026; no disagreement with the company.","Reuben Jeffery III appointed Class C proxy holder director effective April 1, 2026, term ending March 31, 2029.","Jeffery brings experience from Rockefeller & Co., Goldman Sachs, and U.S. government roles (CFTC, State Dept).","Louis Brothers reappointed as proxy holder director for three-year term starting April 1, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109501,"accession_number":"0001833756-26-000009","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q4 revenue $1.06B, FY EPS $1.03; backlog $8.7B, initiates 2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $1,060M, up 8% YoY; full-year revenue $3,648M, up 13% YoY.","Q4 diluted EPS $0.38; adjusted diluted EPS $0.42; full-year diluted EPS $1.03 (up 29% YoY), adjusted EPS $1.15.","Full-year bookings $4.2B (book-to-bill 1.2x); backlog $8.7B, up 3% from prior year.","Adjusted EBITDA for Q4 $158M, full-year $453M; net earnings $278M for FY2025.","2026 guidance initiated: expects continued strong growth driven by defense demand."],"consensus_eps_estimate":null,"consensus_eps_actual":1.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":3648000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109500,"accession_number":"0001833756-26-000007","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Leonardo DRS enters $500M revolving credit facility, replaces prior credit agreement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Five-year $500M senior unsecured revolving credit facility with JPMorgan; initial SOFR margin 1.250%.","Replaces Nov 2022 credit agreement; no borrowings outstanding at termination, no penalties incurred.","Proceeds may be used for working capital, general corporate purposes, and share repurchases.","Covenants: max total net leverage 3.75:1 (4.00:1 for material acquisitions) and min net interest coverage 3.00:1.","Certain U.S. subsidiaries guarantee the obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109499,"accession_number":"0001833756-26-000002","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS appoints Sally Wallace as COO effective Jan 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sally Wallace, 20-year DRS veteran, succeeds John Baylouny as COO; Baylouny became CEO on Jan 1.","Base salary of $540,000; annual target cash bonus 70% of base salary for 2026.","Target equity award of $700,000 under 2022 Omnibus Equity Plan, 45% RSUs and 55% PRSUs.","Wallace previously served as EVP, Business Operations since 2016; led C4ISR Group from 2014-2016."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126010,"accession_number":"0001833756-25-000008","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS CEO Lynn to retire; COO Baylouny named CEO, Townsend Chair effective Jan 1 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["William J. Lynn III to retire as CEO and Chairman effective Dec 31, 2025; will remain employee through Apr 1, 2026.","John Baylouny, current COO (since 2018), appointed President & CEO and Board member effective Jan 1, 2026.","Frances F. Townsend, lead independent director, named Chair of the Board effective Jan 1, 2026.","Baylouny's employment agreement: $950,000 base salary, 120% target bonus, $2.5M LTI target for 2026.","Lynn receives lump sum equal to 2026 target bonus, continued RSU vesting, and 18 months COBRA reimbursement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126009,"accession_number":"0001833756-25-000007","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q3 2025 revenue $960M (+18% YoY), EPS $0.26 (+24%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $960M (+18% YoY); net earnings $72M (+26%); adjusted diluted EPS $0.29 (+21%).","Bookings $1.3B (book-to-bill 1.4x); backlog $8.9B (+8% YoY).","Declares $0.09/share cash dividend payable December 2, 2025.","Revises 2025 guidance for revenue and adjusted diluted EPS (likely upward given YTD double-digit growth)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":2588000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142743,"accession_number":"0001628280-25-036557","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q2 revenue $829M (+10% YoY), EPS $0.20 (+43%), revises guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $829M (+10% YoY); net earnings $54M (+42%); diluted EPS $0.20 (+43%).","Adjusted diluted EPS $0.23 (+28%); adjusted EBITDA $96M (+17%).","Bookings $853M (book-to-bill 1.0x); backlog $8.6B (+9% YoY).","Company revises full-year 2025 guidance across all metrics.","Declares $0.09/share cash dividend payable Sept 3, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":1628000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160828,"accession_number":"0001628280-25-029664","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Leonardo DRS shareholders approve removal of supermajority voting requirements","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment eliminates 66 2/3% supermajority requirement in charter and bylaws, effective June 5, 2025.","All eight director nominees elected, each with >250M votes for and <4M withheld.","Say-on-pay advisory resolution passed with 252.5M for, 0.5M against.","Ratification of Ernst & Young as auditor for FY2025 approved with 258.3M for.","Charter amendment to remove pop-up provision approved with 250.9M for, 2.1M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160827,"accession_number":"0001628280-25-021328","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q1 2025: Revenue $799M (+16% YoY), EPS $0.19 (+73%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $799M, up 16% YoY; net earnings $50M, up 72%.","Diluted EPS $0.19, adjusted EPS $0.20; bookings $1B with book-to-bill 1.2x.","Backlog $8.6B, up 10% YoY; confirms 2025 guidance across all metrics.","Adjusted EBITDA $82M, up 17% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":799000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179028,"accession_number":"0001628280-25-012341","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-03-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"DCSA approves Amended Proxy Agreement for Leonardo DRS to mitigate foreign ownership risks","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["DCSA approved Amended & Restated Proxy Agreement effective March 1, 2025; received March 11, 2025.","Modified terms allow Leonardo US to reappoint proxy holders without break in service; no DCSA approval needed for reappointment.","Board size may be mutually expanded, but proxy holder director positions must not be less than non-proxy holder positions.","Updated staggered terms: Class A expires March 2027, Class B March 2028, Class C March 2026.","Proxy holders must advise DCSA and Leonardo US on independent auditor appointment; compensation cannot be reduced during tenure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179027,"accession_number":"0001628280-25-006563","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Leonardo DRS Q4 revenue $981M, EPS $0.33; full-year revenue $3.2B, backlog up 10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $981M (+6% YoY), diluted EPS $0.33 (+18% YoY), adjusted diluted EPS $0.38.","FY2024 revenue $3.2B (+14% YoY), net earnings $213M (+27% YoY), adjusted EBITDA $400M.","Record bookings $4.1B (book-to-bill 1.3); backlog $8.5B (+10% YoY).","Board declares $0.09/share dividend payable March 27, 2025; authorizes $75M share repurchase through March 2027.","Formalized FY2025 guidance; CEO cites record bookings and margin expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":0.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":3234000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195706,"accession_number":"0001628280-24-052572","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Leonardo DRS reappoints proxy holder directors Townsend and Krieg through 2027","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Frances Townsend and Kenneth Krieg reappointed as Class B proxy holder directors, effective Jan 1, 2025.","Terms extended through Dec 31, 2027; 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net earnings $57M (+21%); diluted EPS $0.21 (+17%).","Adjusted EBITDA $100M (+22%); adjusted diluted EPS $0.24 (+20%).","Bookings $1.1B (book-to-bill 1.3x); backlog $8.3B, up 75% YoY.","Raised 2024 guidance across all metrics; initiated preliminary 2025 guidance framework.","CEO cited strong cash flow and execution exceeding expectations."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":2253000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211975,"accession_number":"0001628280-24-033350","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q2 revenue $753M (+20% YoY); EPS $0.14 (+8%); raises 2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $753M (+20% YoY); net earnings $38M (+9%); adjusted EBITDA $82M (+32%).","Diluted EPS $0.14 (+8%); adjusted diluted EPS $0.18 (+20%).","Bookings $941M (1.2x book-to-bill); backlog $7.9B (+82% YoY).","Company increased full-year 2024 guidance across all metrics.","CEO Bill Lynn cites strong demand and improving supply chain driving revenue growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":1441000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230795,"accession_number":"0001628280-24-023788","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Leonardo DRS stockholders approve ESPP (2M shares) and amended equity plan at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ESPP authorized up to 2M shares; purchase price 90% of FMV on purchase date; payroll deductions up to 10% of compensation.","Amended 2022 Omnibus Equity Compensation Plan approved; allows various equity awards for employees, directors, consultants.","All 9 director nominees elected with >236M votes each; advisory say-on-pay passed with 250.5M for vs 0.8M against.","Ratification of Ernst & Young as independent auditor for FY2024 approved with 255.2M votes for.","ESPP and amended plan effective May 15, 2024; no material financial terms changed beyond share reserve."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230794,"accession_number":"0001628280-24-019471","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q1 revenue $688M, up 21% YoY; net earnings $29M, up 142%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $688M, up 21% YoY; net earnings $29M, up 142% YoY.","Diluted EPS $0.11, up 120%; adjusted diluted EPS $0.14, up 100%.","Adjusted EBITDA $70M, up 43% YoY.","Bookings $815M (book-to-bill 1.2x); backlog $7.8B, up 84% YoY.","Company confirms solid 2024 guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":688000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":249188,"accession_number":"0001628280-24-011093","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS reaffirms 2024 guidance, initiates 3-year framework with ~14% EBITDA margin target by 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reaffirmed 2024 guidance previously issued on February 27, 2024.","Targets 4%-7% organic revenue growth (2024-2026).","Adjusted EBITDA margin target of ~14% by 2026.","80%-90% conversion of adjusted net earnings to free cash flow targeted.","Capital deployment of 75%-100% of FCF toward value-enhancing M&A; net leverage target ~2x adjusted EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":249187,"accession_number":"0001628280-24-007046","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-02-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS FY 2023 revenue $2.8B (+5% YoY); record backlog $7.8B; initiates 2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $926M, FY revenue $2.8B; diluted EPS $0.64, adjusted $0.73.","Record backlog $7.8B, up 82% YoY; book-to-bill ratio of 1.2.","FY 2023 adjusted EBITDA $324M; net earnings $168M down 59% due to prior-year gain.","Commences ~$120M capital investment for new naval propulsion facility near Charleston, SC.","Investor Day confirmed for March 14, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":2826000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":249186,"accession_number":"0001628280-24-000055","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2024-01-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS voluntarily delists from Tel Aviv Stock Exchange; continues on Nasdaq","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Delisting from TASE effective December 31, 2023, three months after request on September 27, 2023.","Shares previously traded on TASE will be transferred to Nasdaq, where they continue to trade.","Company will maintain its SEC and Nasdaq reporting obligations; no change in US listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266681,"accession_number":"0001628280-23-042667","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-12-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Leonardo DRS reappoints Gen. George W. Casey as proxy holder director through 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gen. Casey's term was set to expire Dec 31, 2023; reappointed effective Jan 1, 2024 for 3 years.","Reappointment approved by Defense Counterintelligence and Security Agency, reflecting continued DoD governance oversight.","He will continue on Compensation and Government Security Committees; stands for reelection at 2024 annual meeting.","No arrangements with others or reportable transactions under Reg S-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266680,"accession_number":"0001628280-23-039782","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-11-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS closes secondary offering of 20.7M shares at $17.75 by parent subsidiary","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling stockholder Leonardo US Holding sold 20.7M shares at $17.75, including full underwriter option exercise of 2.7M shares.","Company received no proceeds; all shares sold by parent subsidiary of Leonardo S.p.A.","Offering closed on November 21, 2023; legal opinion filed as Exhibit 5.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266679,"accession_number":"0001628280-23-036227","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q3 revenue $703M, up 11% YoY; bookings $1.1B; wins $3B+ sub contract","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $703M (+11% YoY); net earnings $47M; diluted EPS $0.18; adjusted diluted EPS $0.20.","Bookings $1.1B (book-to-bill 1.5x); backlog $4.7B.","Awarded over $3B contract for electric power/propulsion on remaining Columbia Class submarines.","Updates 2023 guidance: narrows revenue and adjusted EBITDA ranges, raises adjusted diluted EPS range.","Adjusted EBITDA $82M; strong operational cash flow expected in Q4 according to management."],"consensus_eps_estimate":null,"consensus_eps_actual":0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":1900000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283926,"accession_number":"0001628280-23-033073","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-09-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS voluntarily delisting from Tel Aviv Stock Exchange; Nasdaq listing unchanged","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Voluntary delisting from TASE requested on Sep 27, 2023; expected effective in three months.","Common stock continues trading on Nasdaq under symbol DRS.","All TASE-traded shares can be transferred to Nasdaq for continued trading.","Company cites concentrating market activity on a single exchange as rationale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283925,"accession_number":"0001628280-23-026590","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q2 net earnings up 40% to $35M; narrows FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net earnings $35M ($0.13 diluted EPS), up 40% from $25M; adjusted EPS $0.15.","Revenue $628M, flat YoY; bookings $698M (book-to-bill 1.1x); backlog $4.4B.","Narrows 2023 guidance ranges across all metrics citing year-to-date performance.","CEO Bill Lynn cites accelerated organic revenue growth and resilient customer demand."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":1197000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283924,"accession_number":"0001628280-23-026102","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo S.p.A. reports half-year revenues up 6.4% to €6.9B; DRS segment EBITA drops 19%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Group revenues €6,894M (+6.4% adjusted), EBITA €430M (+5.7% adjusted), net result €208M (-22.1% vs 1H22).","Orders €8,691M (+21.4% adjusted); record backlog ~€40B; FY2023 guidance reaffirmed.","Free operating cash flow -€517M, improving 46.3% from -€962M in 1H22.","Leonardo DRS segment (€): revenues €1,107M (-2.3% reported), EBITA €84M (-19.2%), ROS 7.6% vs 9.2%.","DRS received addl order for Columbia-class submarine electric propulsion components."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":1197000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":303515,"accession_number":"0001628280-23-021288","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-06-07T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Leonardo DRS stockholders approve officer exculpation amendment, elect directors at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders approved charter amendment to limit officer liability for breach of duty of care, effective June 6, 2023.","All nine director nominees elected; Kenneth J. Krieg received highest withheld votes at 11.4 million.","Advisory vote on executive compensation passed (240.8M for, 3.9M against); board adopts annual frequency.","Ratification of Ernst & Young as independent auditor for FY2023 approved with 250.3 million votes for.","Charter amendment passed with 218.5 million for and 26.2 million against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":303514,"accession_number":"0001628280-23-015213","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q1 revenue $569M, EPS $0.05; bookings strong at 1.3x book-to-bill","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $569M, down 7% YoY from $612M; net earnings $12M, down 67% from $36M.","Diluted EPS $0.05 (adjusted $0.07) vs $0.17 prior year.","Bookings $749M, book-to-bill ratio 1.3x; backlog $4.3B.","Adjusted EBITDA $49M; company reaffirms full-year 2023 guidance.","CEO Bill Lynn notes solid start, ahead of expectations, strong demand."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":569000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":323162,"accession_number":"0001628280-23-009346","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-03-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS Q4 revenue flat at $820M; FY net earnings up 163% to $405M; backlog record $4.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $820M flat YoY; full-year revenue $2.7B, down 6% from $2.879B.","Full-year net earnings $405M (diluted EPS $1.88) up 163% vs $154M; adjusted EPS $0.83.","Record backlog $4.3B, up 49% driven by Columbia Class electric propulsion contract.","Full-year bookings $3.2B, book-to-bill ratio of 1.2x.","Initiates 2023 guidance; CEO cites strong demand and focuses on operational execution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":323161,"accession_number":"0001628280-23-009265","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-03-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS adjusts prior filings for 1.4513-for-1 stock split effective Nov 23, 2022","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stock split ratio 1.451345331-for-1; outstanding shares increased from 145M to ~210.4M.","Authorized common shares raised from 300M to 350M via amended charter filed Nov 23, 2022.","Exhibit 99.1 updates MD&A and financial statements in 2021 Form 10-K and August 2022 8-K.","No fractional shares issued; fractional interests rounded up to nearest whole share.","No impact on preferred stock authorization or par value; split is cosmetic."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":323160,"accession_number":"0001628280-23-007455","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Parent Leonardo S.p.A. reports FY2022: orders €17.3B (+21%), revenue €14.7B, EBITDA €1.2B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Group new orders €17.3B (+21% adj.), book-to-bill 1.2x; revenue €14.7B (+4.7% adj.), EBITDA €1.2B (+14.9%).","Free operating cash flow €539M, more than double prior year; reiterates €3B cash generation target 2021-2025.","Proposed dividend €0.14 per share; bond redemptions and €500M term loan early repayment executed.","Helicopters backlog €13.6B; customer support now 28% of group revenues; Aerostructures recovery on track for breakeven by 2025.","Presentation includes Leonardo DRS backlog and Q4 trends (slides 7 and 37); DRS merger with RADA noted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":323159,"accession_number":"0001628280-23-007451","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Leonardo S.p.A. FY2022: revenue €14.7B, net result €932M, dividend €0.14","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["New orders €17.3B (+21% YoY), backlog €37.5B, book-to-bill 1.2x.","EBITA €1.2B (+14.9% adjusted); ROS 8.3% (+0.8pp) driven by Defense Electronics & Security.","Free operating cash flow €539M (+187% YoY); net debt €3,016M (-3.4% from €3,122M).","FY2023 guidance: orders ~€17B, revenue €15.0-15.6B, EBITA €1,260-1,310M, FOCF ~€600M.","Med-term targets: cumulative revenue ~€85B (2023-2027), cash generation ~€3B (2021-2025)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":323158,"accession_number":"0001628280-23-005292","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["5.08","8.01"],"status":"ready","headline":"Leonardo DRS sets 2023 annual meeting for June 1; record date April 3","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting will be held virtually on June 1, 2023.","Record date for voting is April 3, 2023.","Shareholder proposals under Rule 14a-8 must be received by March 10, 2023.","No annual meeting was held in 2022; deadlines are set accordingly."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":341229,"accession_number":"0001628280-22-032399","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-12-21T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Leonardo DRS board changes: Carey reappointed, Brothers appointed, Townsend named Lead Outside Director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David W. Carey reappointed as proxy holder director for term expiring Dec 31, 2025.","Dr. Louis R. Brothers appointed proxy holder director effective Jan 1, 2023, replacing Peter A. Marino.","Frances F. Townsend appointed Lead Outside Director effective Jan 1, 2023, replacing Mr. Carey in that role.","Brothers assigned to Audit Committee and Government Security Committee; Carey chairs Government Security."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":341228,"accession_number":"0001628280-22-030952","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-11-29T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Leonardo DRS enters $500M credit facility: $225M term loan + $275M revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Five-year Credit Agreement with Bank of America provides $225M Term A Loan and $275M Revolving Credit Facility.","Proceeds from Term A Loan used to refinance existing debt including related-party borrowings from Leonardo US Holding.","Initial interest rate margin for SOFR loans set at 1.500%; unused revolver fee initially 0.225%.","Financial covenants: maximum total net leverage ratio of 3.75x, minimum interest coverage ratio of 3.00x.","Company terminated and fully repaid all outstanding intercompany loan obligations with Leonardo US Holding, LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":341227,"accession_number":"0001628280-22-030896","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K12B","filed_at":"2022-11-28T23:59:59+00:00","items":["1.01","3.03","5.03","5.02","7.01","9.01"],"status":"ready","headline":"Leonardo DRS closes all-stock merger with RADA; RADA holders get 19.5% stake; pro forma rev $2.7B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Pro forma 2021 revenue ~$2.7B and Adjusted EBITDA ~$305M; DRS stock begins trading on Nasdaq and TASE.","Ownership: Leonardo S.p.A. holds 80.5%; RADA shareholders receive 19.5% via stock-split ratio of 1.451345331.","Authorized shares increased to 350M; outstanding post-merger ~260.2M shares.","Eric C. Salzman appointed to board and Audit Committee; pending DCSA waiver for Nom/Gov Committee seat.","CEO William J. Lynn III gets new employment agreement with $2M RSU and $3M PRSU one-time award."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":358286,"accession_number":"0001628280-22-020361","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-08-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Philip A. Odeen's term expires; Kenneth J. Krieg joins Compensation Committee","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Philip A. Odeen's term as proxy holder director ended July 31, 2022.","Kenneth J. Krieg appointed to Compensation Committee, leaves Audit Committee.","Compensation Committee now: Gail Baker, George W. Casey Jr., Krieg, Frances F. Townsend.","Audit Committee now: David W. Carey, Mary E. Gallagher, Peter A. Marino.","Government Security Committee unchanged with eight members."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":358285,"accession_number":"0001628280-22-020196","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Leonardo DRS updates 2021 10-K to reflect new segment structure effective Q1 2022","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["New reportable segments: Advanced Sensing and Computing and Integrated Mission Systems.","Segment reorganization aligns with current operating structure and CODM assessment.","Filing revises Part I Items 1,2 and Part II Items 7,8 of the 2021 Form 10-K only.","No other information or subsequent events are updated; see Q1 2022 10-Q for current info."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":358284,"accession_number":"0001628280-22-019967","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-08-01T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Leonardo DRS completes $450M sale of Global Enterprise Solutions business to SES","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale closed on August 1, 2022 for $450 million cash, subject to purchase price adjustments.","Buyer is SES Government Solutions, Inc., a wholly-owned subsidiary of SES S.A.","Transaction was previously announced on March 21, 2022; required all regulatory approvals.","Leonardo DRS sold its Global Enterprise Solutions (GES) business as part of the deal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":358283,"accession_number":"0001628280-22-018679","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-07-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Leonardo DRS reappoints Philip A. Odeen as proxy holder director through July 31, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Philip A. Odeen reappointed as Class A proxy holder director effective July 1, 2022, subject to DCSA approval.","Term extended from June 30, 2022 to July 31, 2022.","Odeen will continue serving on compensation committee and government security committee.","Reappointment approved by sole stockholder, Board, and proxy holders under Proxy Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":377023,"accession_number":"0001628280-22-017550","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-06-21T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Leonardo DRS to acquire RADA Electronic in all-stock merger; RADA holders to get 19.5% of combined entity","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-stock merger: each RADA ordinary share exchanges for 1 share of Leonardo DRS common; pro forma ownership: Leonardo SpA 80.5%, RADA shareholders 19.5%.","RADA termination fee of $40M if it accepts superior proposal; DRS termination fee of $40M if Specified Transaction not completed by deadline.","Transaction expected to close by June 30, 2023, subject to RADA shareholder approval, regulatory approvals, and other conditions.","Combined company targets low teen Adjusted EBITDA CAGR from 2021 base of $305M; deal expected accretive to RADA EPS in year one.","RADA's tactical radars to enhance DRS's air defense and force protection offerings; combined company to trade on NASDAQ and TASE under 'DRS'."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":395379,"accession_number":"0001628280-22-008039","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K/A","filed_at":"2022-03-31T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Leonardo DRS appoints EY as new auditor, dismisses KPMG with no disagreements","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee selected Ernst & Young as independent registered public accounting firm for FY ending Dec 31, 2022.","KPMG dismissed on March 28, 2022 after filing 2021 10-K; no adverse opinions or disagreements during 2021 and 2020.","KPMG furnished a letter agreeing with the company's statements, filed as Exhibit 16.1.","No consultation with EY prior to engagement on accounting or auditing matters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":395381,"accession_number":"0001628280-22-007146","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-03-24T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Leonardo DRS to sell GES business to SES Government Solutions for $450M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale of Global Enterprise Solutions (GES) for $450M to SES Government Solutions, a subsidiary of SES S.A.","SES S.A. guarantees payment and performance; closing requires HSR, CFIUS, FCC approvals.","Termination date is March 21, 2023; SES pays $30M termination fee if deal fails due to regulatory events.","GES provides commercial satellite communications and security solutions to the U.S. Government."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":395380,"accession_number":"0001628280-22-007065","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2022-03-24T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Leonardo DRS selects Ernst & Young as new auditor for FY2022, replacing KPMG due to EU rotation rules","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee selected EY as independent registered public accounting firm for FY2022, subject to completion of acceptance procedures.","EY selection tied to parent Leonardo S.p.A.'s appointment of EY affiliate under European mandatory audit firm rotation rules.","KPMG to be dismissed after completing FY2021 audit; no disagreements or reportable events in prior periods.","KPMG's reports for FY2019-2020 were unqualified except for an emphasis-of-matter on lease accounting change (ASC 842)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":414106,"accession_number":"0001628280-21-025632","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2021-12-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Leonardo DRS reappoints Krieg, Odeen, Townsend, and Gen. Casey as directors effective Dec 31, 2021","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kenneth J. Krieg and Frances F. Townsend reappointed as Class B proxy holder directors until Dec 2024.","Philip A. Odeen reappointed as Class A proxy holder director until June 30, 2022.","Gen. George W. Casey Jr. reappointed as non-proxy holder director until next annual meeting.","Reappointments effective Dec 31, 2021, pending Defense Counterintelligence and Security Agency approval.","Committee assignments unchanged; Krieg chairs governance, Townsend chairs compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":432434,"accession_number":"0001628280-21-013506","cik":1833756,"company_name":"Leonardo DRS, Inc.","ticker":"DRS","form_type":"8-K","filed_at":"2021-07-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Philip A. Odeen reappointed as proxy holder director at Leonardo DRS through Dec 2021","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Reappointment effective June 30, 2021; term extended to December 31, 2021 or until successor appointed.","Mr. Odeen, 85, has served on the board since 2012 and continues on compensation and government security committees.","Appointed per Proxy Agreement with Leonardo S.p.A and DoD; no other arrangements for his selection.","Routine extension of existing director; no change to compensation or governance structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":12661861936.712017,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-07-06T23:59:59+00:00|432434"}