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Here is how Leonardo DRS, Inc. (DRS) and Embraer (EMBJ) have performed compared to their sector so far this year.
Leonardo DRS, Inc. (DRS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Leonardo DRS is upgraded to a 'Strong Buy', with 27-54% upside potential, after a 20% share price decline despite robust operational performance. Q2 results exceeded expectations: revenue grew 10% to $913M, adjusted EBITDA rose 33%, and EPS surged 52%, supported by strong demand for tactical radars and sensors. The pending $450M Raft acquisition enhances DRS's distributed-intelligence capabilities, expected to be accretive to adjusted EPS in its first full year.
ARLINGTON, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has been awarded a 10-year prime contract under NASA's Solutions for Enterprise-Wide Procurement (SEWP) VI Program.
ARLINGTON, Va., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded a $500 million ceiling indefinite-delivery/indefinite-quantity (IDIQ) contract with three-year period of performance from the Joint Interagency Task Force 401 (JIATF-401).
Company will demonstrate high-definition, high-frame-rate thermal camera cores designed for a broad range of critical defense applications Company will demonstrate high-definition, high-frame-rate thermal camera cores designed for a broad range of critical defense applications
ARLINGTON, Va., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has received a $63 million production order from the U.S. Army for its next-generation Family of Weapon Sights – Individual, or FWS-I, thermal weapon sight system.
ARLINGTON, Va., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that John Baylouny, the company's president and chief executive officer, received the Association of the United States Army's John W.