DRS News & Events

Leonardo DRS announced the launch of Tenum 640 Orbit, an advanced uncooled long-wave infrared thermal camera module optimized for unmanned air, ground, and maritime platforms. The company will debut Tenum 640 Orbit at SOF Week in Tampa, FL. "Unmanned systems are fielding at scale. Integrators and operators need thermal cameras that are both mission-capable and integration-friendly," said Greg Christison, vice president, Sensors & Aviation, at Leonardo DRS. "Tenum 640 Orbit is a size, weight, power and cost (SWAP-c) optimized OEM camera module to help accelerate integration timelines and enable broader deployment across small, unmanned platforms without compromising performance."

Consensus $1.25. Raises revenue view $3.9B-$3.975B from $3.85B-$3.95B, consensus $3.91B.

Reports Q1 revenue $846M, consensus $824.84M. "Leonardo DRS delivered a strong start to the year. Our first quarter 2026 results meaningfully outperformed expectations thanks to disciplined execution, program momentum and sustained demand for our differentiated technologies. We expanded profitability, while simultaneously increasing investment in innovation and expanding capacity to support the critical missions of our customers. We are encouraged by the performance in the first quarter but remain focused on delivering differentiated capabilities to our customers to generate consistent, profitable growth and long-term value for our stockholders," said John Baylouny, President and CEO of Leonardo DRS.