An announcement from Leonardo Drs ( (DRS) ) is now available.
Leonardo DRS, Inc. reported impressive third-quarter 2024 financial results, with a 16% year-over-year revenue increase to $812 million and a 21% rise in net earnings to $57 million. The company saw growth across all key metrics, including a substantial backlog of $8.3 billion, up 75%. Strong bookings and operational performance drove this success, positioning Leonardo DRS for continued growth in the defense technology sector.
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