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Leonardo Drs ( (DRS) ) has provided an update.
On January 28, 2026, Leonardo DRS, Inc. and certain U.S. subsidiaries entered into a new five-year senior unsecured $500 million revolving credit facility with a syndicate of lenders led by JPMorgan Chase Bank, replacing the company’s prior credit agreement from November 29, 2022. The facility, which can be drawn for working capital and other general corporate purposes, features variable interest based on base rate or Term SOFR plus leverage-linked margins, commitment fees on undrawn amounts, and joint and several guarantees from most U.S. subsidiaries, while imposing customary financial covenants, including maximum total net leverage and minimum interest coverage ratios, and standard restrictions on additional debt, liens, dividends, investments, and major transactions; the prior facility was terminated with no outstanding borrowings and no early termination penalties.
The most recent analyst rating on (DRS) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Leonardo Drs stock, see the DRS Stock Forecast page.
Spark’s Take on DRS Stock
According to Spark, TipRanks’ AI Analyst, DRS is a Outperform.
The score is driven primarily by strong financial performance (growth, low leverage, and solid free cash flow) and a constructive earnings outlook supported by strong bookings/backlog and raised revenue guidance. Offsetting factors are a high P/E with a modest dividend yield and technical indicators that suggest the stock is approaching overbought levels while still below longer-term moving averages.
To see Spark’s full report on DRS stock, click here.
More about Leonardo Drs
Leonardo DRS, Inc. is a U.S.-based corporation operating in the defense and technology industry through various direct and indirect subsidiaries, with financing arrangements that support its working capital needs and general corporate purposes.
Average Trading Volume: 1,157,058
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.81B
Find detailed analytics on DRS stock on TipRanks’ Stock Analysis page.