Leonardo DRS (NASDAQ:DRS) reported second-quarter fiscal 2026 revenue growth of 10% and sharply higher profitability, supported by demand across tactical radar, naval propulsion, infrared sensing and force-protection programs. Adjusted EBITDA increased 33% year over year to $128 million, while adjusted EBITDA margin rose 240 basis points to 14%. DRS is investing in infrared sensing for space-based interception, modular counter-UAS offerings, tactical radar enhancements and naval propulsion. For the third quarter, DRS expects revenue above $1 billion, adjusted EBITDA margin in the mid-13% range and free cash flow that is modestly positive and above the second-quarter level. About Leonardo DRS (NASDAQ:DRS)Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A.