Leonardo DRS, Inc.
Close on Oct 19, 2026
- Market cap
- $9.46B
- P/E (TTM)
- 29.6
- Dividend yield
- 1.02%
About Leonardo DRS
Search, Detection, Navigation, Guidance, Aeronautical Sys, SIC 3812
Leonardo DRS, Inc. develops and manufactures defense technology systems, focusing on sensing, edge network computing, force protection, and naval electrical power and propulsion. The company operates through two main business segments: Advanced Sensing and Computing, and Integrated Mission Systems. Its offerings include electro-optical and infrared sensors, tactical radars, rugged combat and battle management computing platforms, vehicle integration for short-range air defense and counter-unmanned aircraft systems, and naval propulsion machinery. It primarily serves the United States government across the Navy, Army, and Air Force, as well as allied international defense forces and commercial customers.
The company employs approximately 7,300 people, with about 500 represented by labor unions. Its primary operations are concentrated in the United States, supporting domestic defense programs as well as exporting defense solutions to international allies. The text does not state the location of the company's corporate headquarters.
Summary of the business section of Leonardo DRS's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Leonardo DRS, Inc.
- Headquarters
- Arlington, VA
- Address
- 2345 Crystal Drive, Suite 1000 22202
- Phone
- (703) 416-8000
- Website
- leonardodrs.com
- Employees
- 7,300, Dec 31, 2025
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Tysons, Virginia
Stock & identifiers
- Ticker
- DRS
- Exchange
- Nasdaq
- Shares outstanding
- 267M, Jul 29, 2026
- Public float
- $3.51B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-2 reverse, Sep 14, 2016; 1-for-3 reverse, Feb 14, 2007; 1-for-2.5 reverse, Apr 4, 2001; 1-for-2.5 reverse, Oct 23, 1990
- SEC CIK
- 1833756
- CUSIP
- 52661A108
- ISIN
- US52661A1088
- LEI
- 549300HMMEWVG3PPQU18
- EIN
- 13-2632319
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John Baylouny | President and CEO, Director | 122,435 |
| William Lynn III | Chief Executive Officer, Director | 312,382 |
| Mark Dorfman | EVP, GC and Secretary | 29,271 |
| Michael Dippold | EVP and CFO | 35,143 |
| Jason Rinsky | EVP Chief Tax and Treasury | 23,581 |
| Sally Wallace | EVP, Chief Operating Officer | 57,053 |
| Pamela Morrow | SVP and Controller | 10,551 |
| Kenneth J. Krieg | Director | 27,576 |
| Frances F. Townsend | Director | 35,888 |
| Gail Baker | Director | 33,876 |
| Eric Salzman | Director | 15,376 |
| Reuben Jeffery III | Director | 25,649 |
| Louis R. Brothers Jr | Director | 24,316 |
| George Casey | Director | 32,376 |
| Mary E. Gallagher | Director | 33,876 |
| David W. Carey | Director | 23,882 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Lynn | $8.22M | $10.50M | $2.17M | $349 | $230 |
| FY2024 Mr. Lynn | $7.87M | $26.19M | $2.02M | $294 | $157 |
| FY2023 Mr. Lynn | $10.82M | $19.07M | $2.65M | $182 | $127 |
| FY2022 Mr. Lynn | $11.05M | $13.21M | $2.63M | $116 | $102 |
| FY2021 Mr. Lynn | $6.32M | $6.32M | $1.62M | – | – |
| FY2020 Mr. Lynn | $5.00M | $5.00M | $1.37M | – | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, our workforce included approximately 7,300 employees of which approximately 500 (or 7%) were represented by labor unions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 3, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 1, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 31, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 24, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |