DRS 📈 Leonardo DRS Common Stock - Overview

Leonardo DRS, Inc. is a leading provider of defense electronic products, systems, and military support services, operating through two primary segments: Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment focuses on designing, developing, and manufacturing cutting-edge sensing and network computing technologies that enable real-time situational awareness, a critical component for informed decision-making and effective execution in various military operations. This includes advanced detection, precision targeting, surveillance sensing, signals intelligence, and electronic warfare, among other applications. Additionally, the ASC segment offers network computing solutions that support a range of mission-critical applications, including platform computing, combat systems, radar, command and control, tactical networks, and communications.

The IMS segment, on the other hand, is responsible for designing, developing, manufacturing, and integrating a diverse range of systems and technologies, including power conversion, control, and distribution systems, ship propulsion systems, motors, and variable frequency drives. This segment also provides force protection systems, transportation, and logistics systems to the U.S. and allied defense customers. Furthermore, the IMS segment offers advanced electrical propulsion systems, which comprise power conversion, control, distribution, and propulsion systems, as well as power-dense permanent magnet motors, energy storage systems, and efficient power conversion and electrical actuation systems. Other key products and services include motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems, all of which are designed to meet the unique demands of military operations.

As a subsidiary of Leonardo S.p.A., Leonardo DRS, Inc. leverages its parent company's global resources and expertise to deliver innovative solutions to the defense industry. With a history dating back to 1968, the company has established itself as a trusted partner for the U.S. and allied defense customers, providing critical technologies and systems that support a range of military applications. Headquartered in Arlington, Virginia, Leonardo DRS, Inc. is well-positioned to continue delivering advanced defense solutions, with a strong focus on research and development, manufacturing, and customer support. The company's common stock is listed on the NASDAQ exchange under the ticker symbol DRS, and its website can be found at https://www.leonardodrs.com, providing investors and customers with access to detailed information about its products, services, and operations.