Leonardo Drs, Inc. ( (DRS) ) has released its Q2 earnings. Here is a breakdown of the information Leonardo Drs, Inc. presented to its investors.
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Leonardo DRS, Inc., based in Arlington, VA, is a prominent provider of advanced defense technologies, specializing in areas such as advanced sensing, network computing, force protection, and electric power and propulsion. The company serves U.S. national security customers and allies worldwide.
In its second quarter of 2025 financial results, Leonardo DRS reported a robust performance with significant growth across key financial metrics. The company achieved a revenue of $829 million, marking a 10% increase year-over-year, and net earnings rose by 42% to $54 million. The adjusted EBITDA reached $96 million, reflecting a 17% increase, while the diluted EPS improved by 43% to $0.20.
The company’s strategic focus on electric power and propulsion, advanced infrared sensing, and ground network computing contributed to its strong financial performance. Leonardo DRS secured $853 million in new bookings, maintaining a book-to-bill ratio of 1.0x, and its backlog increased by 9% to $8.6 billion. The company also declared a $0.09 cash dividend per share, demonstrating its commitment to returning value to shareholders.
Leonardo DRS’s management remains optimistic about the future, revising its 2025 guidance upwards across all metrics. The company anticipates continued growth driven by strong customer demand and disciplined execution in delivering high-performance technologies to address global security challenges.