Leonardo DRS reported strong Q3 2026 results with revenue up 11% to $1.1 billion and net earnings soaring 60% to $115 million, driven by growth in tactical radars, naval power, and space sensing programs. Adjusted EBITDA rose 27%, and the company achieved a record funded backlog of $5.6 billion, up 21% year-over-year. The robust bookings and backlog support a raised full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS. Leonardo DRS also declared a cash dividend of $0.09 per share payable in November, reflecting confidence in ongoing growth and cash flow generation.
Leonardo DRS's Q3 2026 financial results provide context for readers interested in industrials. For readers following Industrials-sector US stocks on Pluang, here is the market snapshot as of Oct 29, 2026 17:53 WIB: out of 135 priced stocks, 76 rose and 57 fell. Notable movers include Caterpillar Inc (CAT) at USD 649.18 with a 1-day change of -9.00%, Howmet Aerospace Inc (HWM) at USD 210.48 up 7.76%, and FTAI Aviation Ltd (FTAI) at USD 180.00 up 7.69%.
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