{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-019471","form_type":"8-K","ticker":"DRS","cik":"0001833756","company_name":"Leonardo DRS, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.571236+00:00","generated_at":"2026-06-03T03:12:44.003318+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 Q1 revenue $688M, up 21% YoY; net earnings $29M, up 142%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-019471","json":"https://secwatch.observer/filing/0001628280-24-019471.json","markdown":"https://secwatch.observer/filing/0001628280-24-019471.md","text":"https://secwatch.observer/filing/0001628280-24-019471.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024019471/0001628280-24-019471-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024019471/drs-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:12:44.003318+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":"ac9eaa3d1618faacba8bd49e464bd2a3aa19fd67","claim":"Leonardo DRS, Inc. reported first quarter ended March 31, 2024 results: revenue $688 million, net income $29 million, EPS $0.11. Guidance reaffirmed.","evidence_excerpt":"Leonardo DRS Announces Financial Results for First Quarter 2024 • Revenue: $688 million, up 21% year-over-year • Net Earnings: $29 million, up 142% year-over-year • Adjusted EBITDA: $70 million, up 43% year-over-year • Diluted EPS: $0.11, up 120% year-over-year • Adjusted Diluted EPS: $0.14, up 100% year-over-year • Bookings: $815 million (book-to-bill ratio of 1.2x) • Backlog: $7.8 billion, up 84% year-over-year • Confirms solid 2024 guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833756/000162828024019471/0001628280-24-019471-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$688 million"},{"label":"Net income","value":"$29 million"},{"label":"EPS","value":"$0.11"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}