Recent 8-K filings for DRS
Highest-materiality recent filing
Leonardo DRS Q4 revenue $981M, EPS $0.33; full-year revenue $3.2B, backlog up 10%
- 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.
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All proposals pass at Leonardo DRS 2026 annual meeting
All nine director nominees elected; highest vote 250M+, lowest 247M+ shares for.
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Leonardo DRS Q1 revenue up 6% to $846M, net earnings up 24%, raises 2026 guidance
Revenue $846M (+6% YoY); net earnings $62M (+24%); adjusted EBITDA $105M (+28%).
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Leonardo DRS board: David Carey retires, Reuben Jeffery III appointed April 1
David W. Carey, director since 2009, retires March 31, 2026; no disagreement with the company.
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Leonardo DRS Q4 revenue $1.06B, FY EPS $1.03; backlog $8.7B, initiates 2026 guidance
Q4 revenue $1,060M, up 8% YoY; full-year revenue $3,648M, up 13% YoY.
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Leonardo DRS enters $500M revolving credit facility, replaces prior credit agreement
Five-year $500M senior unsecured revolving credit facility with JPMorgan; initial SOFR margin 1.250%.
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Leonardo DRS appoints Sally Wallace as COO effective Jan 1, 2026
Sally Wallace, 20-year DRS veteran, succeeds John Baylouny as COO; Baylouny became CEO on Jan 1.
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Leonardo DRS Q3 2025 revenue $960M (+18% YoY), EPS $0.26 (+24%)
Revenue $960M (+18% YoY); net earnings $72M (+26%); adjusted diluted EPS $0.29 (+21%).
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Leonardo DRS CEO Lynn to retire; COO Baylouny named CEO, Townsend Chair effective Jan 1 2026
William J. Lynn III to retire as CEO and Chairman effective Dec 31, 2025; will remain employee through Apr 1, 2026.
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Leonardo DRS Q2 revenue $829M (+10% YoY), EPS $0.20 (+43%), revises guidance
Revenue $829M (+10% YoY); net earnings $54M (+42%); diluted EPS $0.20 (+43%).
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Leonardo DRS shareholders approve removal of supermajority voting requirements
Amendment eliminates 66 2/3% supermajority requirement in charter and bylaws, effective June 5, 2025.
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Leonardo DRS Q1 2025: Revenue $799M (+16% YoY), EPS $0.19 (+73%)
Revenue $799M, up 16% YoY; net earnings $50M, up 72%.
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DCSA approves Amended Proxy Agreement for Leonardo DRS to mitigate foreign ownership risks
DCSA approved Amended & Restated Proxy Agreement effective March 1, 2025; received March 11, 2025.
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Leonardo DRS Q4 revenue $981M, EPS $0.33; full-year revenue $3.2B, backlog up 10%
Q4 revenue $981M (+6% YoY), diluted EPS $0.33 (+18% YoY), adjusted diluted EPS $0.38.
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Leonardo DRS reappoints proxy holder directors Townsend and Krieg through 2027
Frances Townsend and Kenneth Krieg reappointed as Class B proxy holder directors, effective Jan 1, 2025.
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Leonardo DRS Q3 revenue $812M (+16%); raises FY 2024 guidance, backlog $8.3B up 75%
Q3 revenue $812M (+16% YoY); net earnings $57M (+21%); diluted EPS $0.21 (+17%).
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Leonardo DRS Q2 revenue $753M (+20% YoY); EPS $0.14 (+8%); raises 2024 guidance
Revenue of $753M (+20% YoY); net earnings $38M (+9%); adjusted EBITDA $82M (+32%).
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Leonardo DRS stockholders approve ESPP (2M shares) and amended equity plan at annual meeting
ESPP authorized up to 2M shares; purchase price 90% of FMV on purchase date; payroll deductions up to 10% of compensation.
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Leonardo DRS Q1 revenue $688M, up 21% YoY; net earnings $29M, up 142%
Revenue $688M, up 21% YoY; net earnings $29M, up 142% YoY.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.68 · Most common event earnings