---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044191"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:29:28.685121+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leonardo DRS Q3 revenue $812M (+16%); raises FY 2024 guidance, backlog $8.3B up 75%

## Summary
- Q3 revenue $812M (+16% YoY); 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.

## SEC filing metadata
- accession: 0001628280-24-044191
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000162828024044191/0001628280-24-044191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000162828024044191/drs-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044191
- JSON: https://secwatch.observer/filing/0001628280-24-044191.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044191.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.