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Leonardo DRS Shares Surge 13.7% on Robust Earnings and $8.7B Backlog Growth

Leonardo DRS Shares Surge 13.7% on Robust Earnings and $8.7B Backlog Growth

Author:

Global Cryptocurrency

Published:

2026-02-24 16:57:02

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BTCCSquare news:

Leonardo DRS (DRS) shares rallied sharply after reporting a 13% revenue increase to $3.6 billion for 2025, fueled by stable defense demand and a book-to-bill ratio of 1.2x. The company’s backlog swelled to $8.7 billion, underscoring momentum in key programs.

Fourth-quarter revenue hit $1.1 billion, up 8% year-over-year, while net earnings climbed 15% to $102 million. Adjusted EBITDA reached $453 million for the year, reflecting disciplined execution and margin expansion.

The 2026 outlook appears bullish, with the stock’s 13.7% surge to $43.36 signaling investor confidence in continued growth across aerospace and defense segments.

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