# Leonardo DRS, Inc.

Summary updated: 2026-10-02T14:01:03.169027Z
Canonical: https://finbar.com/research/companies/leonardo-drs-inc

## Overview

Leonardo DRS, Inc. is a U.S.-based defense technology company that designs and manufactures advanced systems for national-security customers, including the U.S. military and allied forces. Its two core businesses are Advanced Sensing and Computing, which provides electro-optical and infrared sensing, radar, electronic-warfare and network-computing technologies, and Integrated Mission Systems, which supplies naval power and propulsion, force-protection and other mission systems. [1](https://app.finbar.com/go?id=P145038632)[2](https://app.finbar.com/go?id=P145038636)[3](https://app.finbar.com/go?id=P145038637)[4](https://app.finbar.com/go?id=P145038640)[5](https://app.finbar.com/go?id=P145038643)

The company’s stated commitment is to deliver mission-critical products and systems for U.S. armed forces, security personnel and allies. [6](https://www.leonardodrs.com/who-we-are/our-commitment/) It serves customers in the United States and internationally, with locations across the U.S. and in other countries. [1](https://app.finbar.com/go?id=P145038632)[7](https://www.leonardodrs.com/locations/) Leonardo DRS reported $3.648 billion in revenue for 2025; its company homepage lists approximately 7,300 employees, using 2025 figures. [8](https://app.finbar.com/go?id=T12873537)[9](https://www.leonardodrs.com/)
[1](https://app.finbar.com/go?id=P145038632)[2](https://app.finbar.com/go?id=P145038636)[3](https://app.finbar.com/go?id=P145038637)[4](https://app.finbar.com/go?id=P145038640)[5](https://app.finbar.com/go?id=P145038643)[6](https://www.leonardodrs.com/who-we-are/our-commitment/)[7](https://www.leonardodrs.com/locations/)[8](https://app.finbar.com/go?id=T12873537)[9](https://www.leonardodrs.com/)[6](https://www.leonardodrs.com/who-we-are/our-commitment/)[7](https://www.leonardodrs.com/locations/)[9](https://www.leonardodrs.com/)

## Products & services

Leonardo DRS’s sensing and electronic-warfare products include electro-optical/infrared (EO/IR) and signals-intelligence systems for ground vehicles, dismounted soldiers and space, as well as next-generation active electronically scanned array (AESA) tactical radars. Its Tenum 640 thermal camera cores provide 640 × 512 resolution and 60-frame-per-second long-wave infrared imaging. [10](https://app.finbar.com/go?id=P14905254)[11](https://www.leonardodrs.com/what-we-do/products-and-services/tenum-640-family-of-thermal-camera-cores/) The company also offers the software-defined Multi-Mission Hemispheric Radar and the manportable MSTAR V6 ground-surveillance radar. [12](https://www.leonardodrs.com/what-we-do/products-and-services/multi-mission-hemispheric-radar/)[13](https://www.leonardodrs.com/what-we-do/products-and-services/manportable-surveillance-and-target-acquisition-radar-mstar-v6/)

SAGEcore is an open-architecture software suite for tactical-edge computing that supports data processing, fusion and dissemination across applications including battle management, radar, command and control, tactical networks and communications. [14](https://app.finbar.com/go?id=P22268028)[15](https://www.leonardodrs.com/what-we-do/products-and-services/sagecore/) Force-protection and short-range air-defence offerings combine AESA radar, electronic warfare, reconnaissance and surveillance, mission command, stabilized sensors, modular combat-vehicle turrets and kinetic countermeasures. [16](https://app.finbar.com/go?id=P323565)

Naval products include power conversion, control and distribution systems, propulsion, energy storage, electrical actuation and thermal management, including systems for Navy shipbuilding programs such as the Columbia Class ballistic-missile submarine. [17](https://app.finbar.com/go?id=P17116524)[18](https://app.finbar.com/go?id=P24641775) Related services include engineering and installation, rapid-response and lifecycle support, sustainment engineering and planning, provisioning, and obsolescence management. [19](https://www.leonardodrs.com/what-we-do/products-and-services/engineering-support-and-services/)[20](https://www.leonardodrs.com/what-we-do/products-and-services/life-cycle-support-for-naval-equipment-and-systems/)[21](https://www.leonardodrs.com/what-we-do/products-and-services/naval-sustainment-engineering/)

The 2025 reporting divides revenue by business segment rather than individual product: Advanced Sensing and Computing (ASC) reported $2.355 billion and Integrated Mission Systems (IMS) $1.307 billion, against $3.648 billion total revenue. These equate to approximately 64.6% and 35.8% of total revenue, respectively; corporate items and eliminations mean the segment percentages do not sum to 100%. [22](https://app.finbar.com/go?id=T9076956)
[10](https://app.finbar.com/go?id=P14905254)[14](https://app.finbar.com/go?id=P22268028)[16](https://app.finbar.com/go?id=P323565)[17](https://app.finbar.com/go?id=P17116524)[18](https://app.finbar.com/go?id=P24641775)[22](https://app.finbar.com/go?id=T9076956)[11](https://www.leonardodrs.com/what-we-do/products-and-services/tenum-640-family-of-thermal-camera-cores/)[12](https://www.leonardodrs.com/what-we-do/products-and-services/multi-mission-hemispheric-radar/)[13](https://www.leonardodrs.com/what-we-do/products-and-services/manportable-surveillance-and-target-acquisition-radar-mstar-v6/)[15](https://www.leonardodrs.com/what-we-do/products-and-services/sagecore/)[19](https://www.leonardodrs.com/what-we-do/products-and-services/engineering-support-and-services/)[20](https://www.leonardodrs.com/what-we-do/products-and-services/life-cycle-support-for-naval-equipment-and-systems/)[21](https://www.leonardodrs.com/what-we-do/products-and-services/naval-sustainment-engineering/)

## Geographic presence

Leonardo DRS is headquartered in Arlington, Virginia. At year-end 2025, its operating footprint included facilities in 17 other U.S. states and Washington, D.C., two Canadian cities, and three Israeli cities. The company’s principal-facilities schedule lists Bedford, Nova Scotia, Netanya, Israel, and Beit She’an, Israel; it also reported owned properties in three U.S. states and one Canadian city, including building sites in Goose Creek, South Carolina, and Israel. [23](https://app.finbar.com/go?id=P64865936)[24](https://app.finbar.com/go?id=T2593392)

Revenue is concentrated among U.S. government customers: they accounted for 80% of 2025 revenue, while international revenue—defined to include foreign military sales, foreign military financing, and direct commercial sales—was approximately 8%. The remaining revenue also includes commercial sales in the U.S., so the 80% customer figure is not equivalent to revenue earned geographically in the United States. For the six months ended June 30, 2026, the U.S. government represented approximately 82% of revenue as an end-user; the reported 18% for international and commercial opportunities combined is not an international-only share. [25](https://app.finbar.com/go?id=P19910493)[26](https://app.finbar.com/go?id=P18814763)[27](https://app.finbar.com/go?id=P145038481)
[23](https://app.finbar.com/go?id=P64865936)[24](https://app.finbar.com/go?id=T2593392)[25](https://app.finbar.com/go?id=P19910493)[26](https://app.finbar.com/go?id=P18814763)[27](https://app.finbar.com/go?id=P145038481)

## Business segments

Leonardo DRS reports two operating and reportable segments. **Advanced Sensing and Computing (ASC)** develops sensing and network-computing technologies, including electro-optical/infrared and intelligence systems, electronic warfare, radars, and rugged computing used for defense situational awareness, command-and-control, communications, and combat systems. [28](https://app.finbar.com/go?id=P58170330)[29](https://app.finbar.com/go?id=P1944853)[10](https://app.finbar.com/go?id=P14905254)[14](https://app.finbar.com/go?id=P22268028) In FY2025, ASC generated $2,355 million, approximately 64.6% of consolidated revenue. [22](https://app.finbar.com/go?id=T9076956)

**Integrated Mission Systems (IMS)** provides power conversion, control and distribution systems; ship propulsion and related systems; and force-protection and transportation/logistics systems, including naval and ground-vehicle defense applications. [30](https://app.finbar.com/go?id=P72089331)[17](https://app.finbar.com/go?id=P17116524)[31](https://app.finbar.com/go?id=P31635211) FY2025 IMS revenue was $1,307 million, approximately 35.8% of consolidated revenue. [22](https://app.finbar.com/go?id=T9076956) Consolidated revenue was $3,648 million; Corporate & Eliminations was $(14) million and is a reconciliation grouping rather than a reportable segment. [32](https://app.finbar.com/go?id=P48324410)[33](https://app.finbar.com/go?id=P81726122)[22](https://app.finbar.com/go?id=T9076956)
[28](https://app.finbar.com/go?id=P58170330)[29](https://app.finbar.com/go?id=P1944853)[10](https://app.finbar.com/go?id=P14905254)[14](https://app.finbar.com/go?id=P22268028)[22](https://app.finbar.com/go?id=T9076956)[30](https://app.finbar.com/go?id=P72089331)[17](https://app.finbar.com/go?id=P17116524)[31](https://app.finbar.com/go?id=P31635211)[22](https://app.finbar.com/go?id=T9076956)[32](https://app.finbar.com/go?id=P48324410)[33](https://app.finbar.com/go?id=P81726122)[22](https://app.finbar.com/go?id=T9076956)[22](https://app.finbar.com/go?id=T9076956)

## Company history

Leonardo DRS traces its origins to 1969, when David Gross and Leonard Newman founded Diagnostic/Retrieval Systems. The company initially developed naval sonar technology, including the AN/SQR-17 passive-sonar system, and later expanded into defense electronics and sensing technologies. [34](https://www.leonardodrs.com/who-we-are/our-history/)

In 2008, Finmeccanica, the predecessor of Leonardo S.p.A., acquired DRS Technologies. [35](https://www.leonardodrs.com/wp-content/uploads/2023/09/leonardo-drs-50th-anniversay-infographic_v14_d.pdf)

In 2022, DRS merged with RADA Electronic Industries, adding RADA’s tactical-radar business. The merger closed on November 28, and the combined company began trading publicly as DRS on Nasdaq and the Tel Aviv Stock Exchange. [36](https://app.finbar.com/go?id=P101404505)[37](https://app.finbar.com/go?id=P114184957)
[36](https://app.finbar.com/go?id=P101404505)[37](https://app.finbar.com/go?id=P114184957)[34](https://www.leonardodrs.com/who-we-are/our-history/)[35](https://www.leonardodrs.com/wp-content/uploads/2023/09/leonardo-drs-50th-anniversay-infographic_v14_d.pdf)

## Sources

1. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038632)
2. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038636)
3. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038637)
4. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038640)
5. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038643)
6. [www.leonardodrs.com](https://www.leonardodrs.com/who-we-are/our-commitment/)
7. [www.leonardodrs.com](https://www.leonardodrs.com/locations/)
8. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T12873537)
9. [www.leonardodrs.com](https://www.leonardodrs.com/)
10. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P14905254)
11. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/tenum-640-family-of-thermal-camera-cores/)
12. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/multi-mission-hemispheric-radar/)
13. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/manportable-surveillance-and-target-acquisition-radar-mstar-v6/)
14. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P22268028)
15. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/sagecore/)
16. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P323565)
17. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P17116524)
18. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P24641775)
19. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/engineering-support-and-services/)
20. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/life-cycle-support-for-naval-equipment-and-systems/)
21. [www.leonardodrs.com](https://www.leonardodrs.com/what-we-do/products-and-services/naval-sustainment-engineering/)
22. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T9076956)
23. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P64865936)
24. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2593392)
25. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P19910493)
26. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18814763)
27. [Leonardo DRS, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145038481)
28. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P58170330)
29. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P1944853)
30. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P72089331)
31. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P31635211)
32. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P48324410)
33. [Leonardo DRS, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P81726122)
34. [www.leonardodrs.com](https://www.leonardodrs.com/who-we-are/our-history/)
35. [www.leonardodrs.com](https://www.leonardodrs.com/wp-content/uploads/2023/09/leonardo-drs-50th-anniversay-infographic_v14_d.pdf)
36. [Leonardo DRS, Inc. — Full financial report (2022 Y)](https://app.finbar.com/go?id=P101404505)
37. [Leonardo DRS, Inc. — Full financial report (2022 Y)](https://app.finbar.com/go?id=P114184957)

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