secwatch.observer — SEC 8-K summary
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Issuer:     Leonardo DRS, Inc. (DRS)
CIK:        0001833756
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001628280-23-007451
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leonardo S.p.A. FY2022: revenue €14.7B, net result €932M, dividend €0.14
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833756/000162828023007451/0001628280-23-007451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833756/000162828023007451/drs-20230309.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-007451

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