Leonardo DRS Q1 2026: Record Revenue, Guidance Raised

Leonardo DRS kicked off 2026 with a strong start, reporting a 6% increase in revenue to $846 million and a 28% jump in adjusted EBITDA to $105 million. The companys robust bookings and record funded backlog, driven by growth in tactical radars, infrared sensing, and electric power systems, led to a raise in full-year guidance. With a focus on innovation and execution, DRS is well-positioned to capitalize on the defense wave, building backlog and margins for sustained growth ahead. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1b433ff690fe4888