{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036227","form_type":"8-K","ticker":"DRS","cik":"0001833756","company_name":"Leonardo DRS, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.872409+00:00","generated_at":"2026-06-09T00:55:51.482439+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Leonardo DRS Q3 revenue $703M, up 11% YoY; bookings $1.1B; wins $3B+ sub contract","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036227","json":"https://secwatch.observer/filing/0001628280-23-036227.json","markdown":"https://secwatch.observer/filing/0001628280-23-036227.md","text":"https://secwatch.observer/filing/0001628280-23-036227.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833756/000162828023036227/0001628280-23-036227-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833756/000162828023036227/drs-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:55:51.482439+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3aba599881283a64cb23f733a22fd9f5f93bac5e","claim":"Leonardo DRS, Inc. reported third quarter ended September 30, 2023 results: revenue $703 million, net income $47 million, EPS $0.18. Guidance raised.","evidence_excerpt":"is to be considered “filed” or incorporated by reference therein. --- EX-99.1 (EX-99.1) --- Leonardo DRS Announces Financial Results for Third Quarter 2023 • Revenue: $703 million • Net Earnings: $47 million • Adjusted EBITDA: $82 million • Diluted EPS: $0.18 • Adjusted Diluted EPS: $0.20 • Bookings: $1.1 billion (book-to-bill ratio of 1.5x) • Backlog:","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833756/000162828023036227/0001628280-23-036227-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$703 million"},{"label":"Net income","value":"$47 million"},{"label":"EPS","value":"$0.18"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}