{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007046","form_type":"8-K","ticker":"DRS","cik":"0001833756","company_name":"Leonardo DRS, Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.847895+00:00","generated_at":"2026-06-05T12:50:46.707853+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 FY 2023 revenue $2.8B (+5% YoY); record backlog $7.8B; initiates 2024 guidance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007046","json":"https://secwatch.observer/filing/0001628280-24-007046.json","markdown":"https://secwatch.observer/filing/0001628280-24-007046.md","text":"https://secwatch.observer/filing/0001628280-24-007046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024007046/0001628280-24-007046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024007046/drs-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:50:46.707853+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":"7f3247df16de953975e18d876c891b42ea679066","claim":"Leonardo DRS, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $926 million for the fourth quarter and $2.8 billion for the year, net income $74 million for the fourth quarter and $168 million for the year, EPS $0.28 for the fourth quarter and $0.64 for the year. Guidance initiated.","evidence_excerpt":"considered “filed” or incorporated by reference therein. --- EX-99.1 (EX-99.1) --- Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2023 • Revenue: $926 million for the fourth quarter and $2.8 billion for the year • Net Earnings: $74 million for the fourth quarter and $168 million for the year • Adjusted EBITDA: $131 million for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024007046/0001628280-24-007046-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$926 million for the fourth quarter and $2.8 billion for the year"},{"label":"Net income","value":"$74 million for the fourth quarter and $168 million for the year"},{"label":"EPS","value":"$0.28 for the fourth quarter and $0.64 for the year"},{"label":"Guidance","value":"initiated"},{"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"}