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The latest update is out from Leonardo Drs ( (DRS) ).
Leonardo DRS announced its financial results for the fourth quarter and full year 2024, highlighting a 14% revenue growth for the year driven by key programs in advanced infrared sensing and tactical radars. The company also declared a dividend of $0.09 per share to be paid in March 2025 and authorized a $75 million stock repurchase program. These moves, alongside strong financial performance, signal the company’s stable financial health and commitment to shareholder value.
More about Leonardo Drs
Leonardo DRS, Inc. is a leading provider of advanced defense technologies, focusing on products and services that support tactical radars, naval network computing, advanced infrared sensing, and electric power and propulsion systems.
YTD Price Performance: -8.77%
Average Trading Volume: 619,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.77B
See more insights into DRS stock on TipRanks’ Stock Analysis page.
