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 Apr 30, 2026, the latest employee count at Leonardo DRS is 6415.

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 $3.65B as on Dec 31, 2025.

Where does Leonardo DRS rank among its competitors?

Leonardo DRS ranks 25th amongst 1875 active competitors, of which 45 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, Airbus and Lockheed Martin. 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 1875 active competitors, including 45 funded and 130 that have exited. Its top competitors include companies like Thales, Airbus and Lockheed Martin.

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

25^th among 1875 active competitors

Annual Revenue

$3.65B as on Dec 31, 2025

Employee Count

6,415 as on Apr 30, 2026

Investment & Acquisitions

Hoverfly Tech & 6 more

Similar Companies

Thales & 1890 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	Documents
DRS TECHNOLOGIES, INC. CIN: 132632319 , United States, Active	Dec 31, 1999	-	6516 (As on Dec 31, 2024)	-
LEONARDO DRS, INC. CIN: 11326323190 , United States, Active	Oct 27, 2020	-	-	-
DRS Inc. CIN: 1421265 , United States, Active		$1 - $1M (As on Jul 08, 2011)	-	-
LEONARDO DRS, INC. CIN: 1833756 , United States, Active	Nov 07, 1968	$3.65B (As on Dec 31, 2025)	-	-

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	8480745	Grant (prize money)	5827802	4776222	1538461	9593181
Sep 04, 2019	2077118	Grant (prize money)	1605248	3791245	8140222	NASA

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Leonardo DRS's employee count trend

Leonardo DRS has 6,415 employees as of Apr 26. Here is Leonardo DRS's employee count trend over the years:

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Top competitors of Leonardo DRS include Thales, Airbus and Lockheed Martin. 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, Corda Campus & 3 others	83/100
2nd	Airbus 1969, Blagnac (France), Public	Manufacturer of commercial aircraft, helicopters, satellites, and launch vehicles	-	Soor Capital, Jindal ventures & 8 others	72/100
3rd	Lockheed Martin 1912, Bethesda (United States), Public	Manufacturer of global security and defense airplanes	-	Poku Capital, Liberty Bay Capital & 11 others	72/100
4th	RTX 1922, Arlington (United States), Public	Developer of transformative technologies	-	Military Health, AIAC & 4 others	72/100
5th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	71/100
6th	Rolls-Royce 1906, London (United Kingdom), Acquired	Developer of power and propulsion solutions for safety-critical applications	-	Capital Group, ValueAct Capital & 10 others	71/100
7th	BAE Systems 1999, London (United Kingdom), Public	Manufacturer of aerospace and submarine security systems	-	EnCore Group, TTV Capital & 8 others	69/100
8th	Sncorp Series C	Provider of aerospace, defense, national security, and aircraft modification solutions	$61.7M	-	67/100
9th	L3Harris 1895, Melbourne (United States), Public	Manufacturer of C6ISR system	-	Trilantic Capital Partners North America, Mediterra Capital ... & 4 others	67/100
10th	Elbit Systems 1966, Haifa (Israel), Public	Developer of defense technology delivering solutions for air, land, and naval	-	Elron Ventures, Europa & 1 others	66/100
25th	Leonardo DRS 1969, Arlington (United States), Public	Manufacturer and supplier of diversified defense products	-	NASA	56/100

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Leonardo DRS has made 1 investments in companies including Hoverfly Tech. Leonardo DRS has also acquired 6 companies including RADA Electronic Industries and Ascendant Engineering Solutions.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 15, 2025	Investments	Hoverfly Tech	2010	Orlando (United States)
Jun 21, 2022	Acquisition	RADA Electronic Industries	1970	Netanya (Israel)
Aug 10, 2021	Acquisition	Ascendant Engineering Solutions	2005	Austin (United States)