Leonardo DRS: Truist Securities maintains a 'Buy' Rating, The Target Price is $51

Truist Securities maintains 'Buy' rating on Leonardo DRS(DRS).

The target price is $51, compare with $45 previously.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2025-07-11	Truist Securities	Maintains	Buy	Buy	$51	$45
2025-06-30	Goldman Sachs	Initiates Coverage On	Buy	--	$49	$--
2025-06-16	JP Morgan	Maintains	Neutral	Neutral	$48	$33

[Recent Earning Results] Leonardo Drs posted the Q1 of its 2025 financial results on 5/1/2025, reporting total revenue of USD 799.00 million in the first quarter, up 16.13% from USD 688.00 million year over year, reporting net income of USD 50.00 million in the first quarter, up 72.41% from USD 29.00 million year over year.

[Company Profile] Leonardo DRS, Inc. was founded in 1969, in Mount Vernon, New York.DRS is a leading provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The company diverse array of defense systems and solutions is offered to all branches of the U.S. military, major aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms. The company focus capabilities in areas of critical importance to the U.S. military, such as sensing, electronic warfare, cyber security, network computing, communications, force protection and electrical power conversion and propulsion. As a mid-tier defense company with a portfolio that includes internally developed proprietary intellectual property and offerings at the component, sub-system and system level.