Leonardo DRS Q4 revenue $981M, EPS $0.33; full-year revenue $3.2B, backlog up 10%

Leonardo DRS, Inc.

2024-FY EPS reported $0.80 revenue$3,234,000,000

Q4 revenue $981M (+6% YoY), diluted EPS $0.33 (+18% YoY), adjusted diluted EPS $0.38.
FY2024 revenue $3.2B (+14% YoY), net earnings $213M (+27% YoY), adjusted EBITDA $400M.
Record bookings $4.1B (book-to-bill 1.3); backlog $8.5B (+10% YoY).
Board declares $0.09/share dividend payable March 27, 2025; authorizes $75M share repurchase through March 2027.
Formalized FY2025 guidance; CEO cites record bookings and margin expansion.

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