Leonardo DRS, Inc.

General Information
Business:
DRS is a leading provider of defense products and technologies that are used across land, air, sea, space and cyber domains.  Our diverse array of defense systems and solutions is offered to all branches of the U.S. military, major aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms. We focus our capabilities in areas of critical importance to the U.S. military such as sensing, electronic warfare (“EW”), cyber security, network computing, communications, force protection and electrical power conversion and propulsion. Our alignment with the nation’s top defense priorities has allowed us to achieve a 12% compounded annual growth rate (“CAGR”) in revenues from the year ended Dec. 31, 2016, through the year ended Dec. 31, 2020. 
Industry: Aerospace and Defense Technologies
Employees: 6500
Founded: 1969
Contact Information
Address 2345 Crystal Drive Suite 1000 Arlington, Virginia 22202
Phone Number (703) 416-8000
Web Address https://www.leonardodrs.com
View Prospectus: Leonardo DRS, Inc.
Financial Information
Market Cap $3045.0mil
Revenues $2778.0 mil (last 12 months)
Net Income $85.0 mil (last 12 months)
IPO Profile
Symbol DRS
Exchange NYSE
Shares (millions): 31.9
Price range $20.00 - $22.00
Est. $ Volume $669.9 mil
Manager / Joint Managers Goldman Sachs/BofA Securities/J.P.Morgan/Barclays/Citigroup/Credit Suisse/Morgan Stanley
CO-Managers Credit Agricole CIB/IMI - Intesa Sanpaolo/MUFG/UniCredit Capital Markets
Expected To Trade: 3/24/2021
Status: Postponed
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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