Contractual GrowthThe contract for the integrated electric propulsion system for the Navy’s Columbia-class submarines through 2035 is a key driver of company's earnings growth potential.
Financial PerformanceLeonardo DRS, Inc. beat consensus views and reiterated its strong 2024 guidance with targets for mid-single-digit organic growth and 250 basis points margin expansion through 2026.
Strategic AcquisitionsDRS's strategy to acquire companies that are immediately accretive aligns with their core capabilities, positioning for growth in high-demand sectors.