Leonardo DRS Announces Financial Results for Third Quarter 2026

Leonardo DRS reported third-quarter 2026 revenue of $1.1 billion, up 11% year over year, and net earnings of $115 million, up 60%; adjusted diluted EPS increased 59% to $0.46. Bookings totaled $1.6 billion, producing a 1.5x book-to-bill ratio and a record funded backlog of $5.6 billion. The company raised its 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS, and declared a $0.09-per-share cash dividend payable November 25 to shareholders of record November 12, 2026.