Every material Form 8-K Leonardo DRS, Inc. has filed with the SEC since July 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Leonardo DRS reported third-quarter 2026 results on October 29, 2026, with revenue of $1.1 billion, up 11% year-over-year, and net earnings of $115 million, up 60%. The company raised its 2026 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS, and that guidance excludes the pending acquisition of Raft LLC. Third-quarter free cash flow of $61 million was lower than a year earlier, though the company said year-to-date operating and free cash flow are well ahead of the prior-year period.
Revenue of $1.1 billion, up 11% year-over-year; diluted EPS of $0.43 versus $0.26 a year earlier
2026 revenue guidance raised to $3,950 million-$3,985 million from $3,900 million-$3,975 million
2026 Adjusted Diluted EPS guidance raised to $1.50-$1.53 from $1.34-$1.39
Quarterly dividend of $0.09 per share payable November 25, 2026, to holders of record November 12, 2026
Leonardo DRS reported second-quarter 2026 revenue of $913 million, up 10% year over year, and net earnings of $86 million, up 59%. The company raised its 2026 guidance for Adjusted EBITDA and Adjusted Diluted EPS and announced a $450 million acquisition of Raft, which the guidance excludes.
Second-quarter revenue was $913 million, up 10%; diluted EPS was $0.32, up from $0.20 a year earlier
Adjusted Diluted EPS guidance raised to $1.34 to $1.39 from $1.26 to $1.30; Adjusted EBITDA guidance raised to $525 million to $540 million from $515 million to $530 million
Pending $450 million acquisition of Raft; the company said the guidance excludes this deal
Quarterly cash dividend of $0.09 per share declared, payable August 27, 2026 to holders of record on August 13, 2026
Leonardo DRS agreed to buy Raft LLC, a Virginia-based provider of open-architecture mission software and AI for data fusion, in an all-cash deal valued at $450 million. The company expects the deal to close in the fourth quarter of 2026 and to be accretive to Adjusted Diluted EPS in the first full year of ownership, subject to regulatory approvals.
Purchase price: $450 million all-cash, subject to customary post-closing adjustments
Expected tax benefit over 15 years with present value of approximately $50 million
Expected closing: fourth quarter of 2026; funding from cash on hand and revolving credit facility borrowings
Management will discuss the deal on the Q2 2026 earnings call on July 30, 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Leonardo DRS, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →