---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-006563"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:24:19.398097+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-006563
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000162828025006563/0001628280-25-006563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000162828025006563/drs-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-006563
- JSON: https://secwatch.observer/filing/0001628280-25-006563.json
- Plain text: https://secwatch.observer/filing/0001628280-25-006563.txt

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