Leonardo DRS is on a rocket ship—posting 10% YoY organic revenue growth, smashing a $1B booking milestone, and holding an all-time high funded backlog. Their Q2 surge? Driven by stellar execution and a winning project mix. Big move: acquiring RAFT for $450M to turbocharge AI and data fusion capabilities—critical in today’s high-stakes defense environment. With global threats rising and defense modernization demands unrelenting, DRS is locking in growth with heavy R&D investment (up 16% H1), expanding counter-drone tech, and upgrading naval propulsion. The RAFT deal? A strategic leap to dominate the “edge” where decisions matter most. Strong margins, solid backlog, and a clear path forward—DRS is building unstoppable momentum.
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