When was Leonardo DRS founded?

Leonardo DRS was founded in 1969.

Where is Leonardo DRS located?

Leonardo DRS is headquartered in Arlington, United States.

How many employees does Leonardo DRS have?

As of Sep 30, 2026, the latest employee count at Leonardo DRS is 6645.

Is Leonardo DRS a funded company?

Leonardo DRS is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of Leonardo DRS?

Leonardo DRS's latest funding was a $***** Grant (prize money) round on May 01, 2025, with participation from 1 investor.

What is the annual revenue of Leonardo DRS?

Annual revenue of Leonardo DRS is more than $1B as on Dec 31, 2025

Where does Leonardo DRS rank among its competitors?

Leonardo DRS ranks 37th amongst 4025 active competitors, of which 74 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ITT, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Leonardo DRS?

Leonardo DRS's top competitors include Thales, Indra and Northrop Grumman. Among them, ITT secured the most recent funding round in February, 2026.

Leonardo DRS - 2026 Company Profile, Funding, Competitors & Financials

Leonardo DRS is a public company based in Arlington (United States), founded in 1969. It operates as a Manufacturer and supplier of diversified defense products. Leonardo DRS has raised an undisclosed amount in funding. The company has 4025 active competitors, including 74 funded and 305 that have exited. Its top competitors include companies like Thales, Indra and Northrop Grumman.

Company Details

Website: www.leonardodrs.com/
Social

Key Metrics

Founded Year

1969

Location

Arlington, United States

Stage

Public

Latest Funding Round

Grant (prize money), May 01, 2025, $*****

Investors

NASA

Ranked

37^th among 4025 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

6,645 as on Sep 30, 2026

Investment & Acquisitions

Raft & 7 more

Similar Companies

Thales & 1395 more

Exit Details

Public

View Leonardo DRS's full profile

Leonardo DRS is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
DRS Inc. CIN: 1421265 , United States, Active		$1 - $1M (As on Jul 08, 2011)	-	-
LEONARDO DRS, INC. CIN: 11326323190 , United States, Active	Oct 27, 2020	-	-	-
LEONARDO DRS, INC. CIN: 1833756 , United States, Active	Nov 07, 1968	$1B+ (As on Dec 31, 2025)	-	-
DRS TECHNOLOGIES, INC. CIN: 132632319 , United States, Active	Dec 31, 1999	-	6516 (As on Dec 31, 2024)	-

Leonardo DRS got listed on Nov 29, 2022.

Click here to take a look at Leonardo DRS's IPO in detail

Leonardo DRS has raised funding over 4 rounds. Its latest funding round was a Grant (prize money) round on May 01, 2025 for $*****. 1 investor participated in its latest round. Leonardo DRS has 1 institutional investor.

Here is the list of recent funding rounds of Leonardo DRS:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2025	3036399	Grant (prize money)	1641801	3634496	5518663	7548941
Sep 04, 2019	1645411	Grant (prize money)	1354149	3750569	7471019	NASA

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Leonardo DRS's employee count trend

Leonardo DRS has 6,645 employees as of Sep 26. Here is Leonardo DRS's employee count trend over the years:

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Top competitors of Leonardo DRS include Thales, Indra and Northrop Grumman. Here is the list of Top 10 competitors of Leonardo DRS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thales 1893, Paris (France), Public	AI-based software suites for navigation applications	-	VentureTech Alliance, Economy And Finance ... & 4 others	81/100
2nd	Indra 1990, Italy, Public	Developer of defense systems and digital solutions for critical infrastructure	$279M	Escribano Mechanical and Engineering, ING Bank ... & 2 others	72/100
3rd	Northrop Grumman 1939, Falls Church (United States), Public	Provider of non-combat aircraft systems for aerospace and defense industries	-	JANA Partners, Poku Capital & 5 others	72/100
4th	Airbus Official 2000, Blagnac (France), Public	Manufacturer of commercial aircraft, helicopters, satellites, and launch vehicles	-	Jindal Ventures, Soor Capital & 8 others	71/100
5th	Kratos 1994, San Diego (United States), Public	Provider of AI and cloud-based platforms and products for national security	-	Vintage Capital Management, Oak Investment Partners ... & 2 others	70/100
6th	Sundaram Finance 1954, Chennai (India), Public	Provider of financial services including loans, fixed deposits, and insurance	-	Nalanda Capital, Catamaran & 1 others	69/100
7th	L3Harris 1895, Melbourne (United States), Public	Manufacturer of C6ISR system	-	Trilantic Capital Partners North America, Mediterra Capital ... & 5 others	68/100
8th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	68/100
9th	RTX 1922, Arlington (United States), Public	Developer of transformative technologies	-	Military Health, AIAC & 4 others	68/100
10th	Lockheed Martin 1912, Bethesda (United States), Public	Manufacturer of global security and defense airplanes	-	Poku Capital, Liberty Bay Capital & 11 others	67/100
37th	Leonardo DRS 1969, Arlington (United States), Public	Manufacturer and supplier of diversified defense products	-	NASA	59/100

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Leonardo DRS has made 1 investments in companies including Hoverfly Tech. Leonardo DRS has also acquired 7 companies including Raft and RADA Electronic Industries.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 28, 2026	Acquisition	Raft	2018	Reston (United States)
Aug 15, 2025	Investments	Hoverfly Tech	2010	Orlando (United States)
Jun 21, 2022	Acquisition	RADA Electronic Industries	1970	Netanya (Israel)