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AI brief of an SEC Form 8-K · Leonardo DRS, Inc. (DRS)

Leonardo DRS to acquire Raft LLC in all-cash deal valued at $450 million

Neutral Impact 4 of 5 m&a Written later

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.

Key points

  • 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

The filing

CompanyLeonardo DRS, Inc. (DRS)
Form8-K, current report
Filed with the SECJul 28, 2026, 11:30 AM ET
Accession number0001833756-26-000034

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 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.