---
schema_version: "secwatch.filing_event.v1"
accession: "0001833756-26-000037"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2026-07-30T11:29:35+00:00"
generated_at: "2026-07-30T11:30:10.165427+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leonardo DRS Q2 revenue up 10% to $913M, EPS $0.32, raises guidance, acquires Raft for $450M

## Summary
- Revenue $913M (+10% YoY); net earnings $86M (+59%); diluted EPS $0.32 (+60%).
- Adjusted EBITDA $128M (+33%); adjusted diluted EPS $0.35 (+52%).
- Record funded backlog $5.1B (+17%); bookings $1.1B (book-to-bill 1.2x).
- Raises 2026 guidance for Adjusted EBITDA and Adjusted Diluted EPS.
- Announces $450M acquisition of Raft to expand AI, data fusion, and mission software capabilities.

## SEC filing metadata
- accession: 0001833756-26-000037
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2026-07-30T11:29:35+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000037/0001833756-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000037/drs-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001833756-26-000037
- JSON: https://secwatch.observer/filing/0001833756-26-000037.json
- Plain text: https://secwatch.observer/filing/0001833756-26-000037.txt

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