Hangar

Research tool, not investment advice. Contract values are not revenue. Every figure links to the government announcement it came from.

Companies

DRS Leonardo DRS Inc.

DRS price history on Yahoo Finance (external; Hangar doesn't show prices, why)

Definite, last 12 months$440.1M9 awards
Potential, last 12 months$1.53B3 ceilings / IDIQs
Definite since 2024$1.51B35 awards
Not counted3 3 shared pool

Totals add up the rows below; click any amount to open its source. Contract values are paid out over years and are not revenue.

Definite awards per quarter, by branch

$0$100M$200M$300M2024 Q1 · Navy: $23.5M ($23,487,221)2024 Q1 · Army: $220.5M ($220,480,560)24Q12024 Q2 · Navy: $51.0M ($50,999,046)2024 Q2 · Army: $49.2M ($49,194,148)2024 Q2 · Air Force: $9.0M ($9,034,015)24Q22024 Q3 · Navy: $92.7M ($92,724,456)2024 Q3 · Army: $194.1M ($194,100,000)24Q32024 Q4 · Navy: $30.4M ($30,448,740)2024 Q4 · Army: $44.9M ($44,913,001)24Q425Q12025 Q2 · Navy: $100.9M ($100,850,332)2025 Q2 · Army: $53.9M ($53,895,214)2025 Q2 · Air Force: $37.9M ($37,940,045)25Q22025 Q3 · Navy: $47.5M ($47,482,472)2025 Q3 · Army: $114.1M ($114,146,418)25Q32025 Q4 · Air Force: $12.7M ($12,693,852)25Q42026 Q1 · Army: $45.0M ($44,978,691)26Q12026 Q2 · Army: $150.0M ($150,000,000)2026 Q2 · Air Force: $19.4M ($19,407,893)26Q22026 Q3 · Navy: $107.9M ($107,930,731)2026 Q3 · Army: $105.1M ($105,121,963)26Q326Q4*
NavyArmyAir ForceDefense Logistics AgencyOther agencies* 2026 Q4 is in progress (data through 2026-11-06)
Chart data
QuarterNavyArmyAir ForceDefense Logistics AgencyOther agencies
2024 Q1$23.5M$220.5M
2024 Q2$51.0M$49.2M$9.0M
2024 Q3$92.7M$194.1M
2024 Q4$30.4M$44.9M
2025 Q1
2025 Q2$100.9M$53.9M$37.9M
2025 Q3$47.5M$114.1M
2025 Q4$12.7M
2026 Q1$45.0M
2026 Q2$150.0M$19.4M
2026 Q3$107.9M$105.1M
2026 Q4

Backlog and revenue, from SEC filings

Backlog here is remaining performance obligations (RPO): the standard figure for contracted work not yet delivered. It is usually smaller than the "backlog" companies quote, because it leaves out unfunded orders and options. Values are as first reported; click a point or number to open the filing. How this works

RPO (backlog): SEC data not downloaded yet.

Annual revenue: SEC data not downloaded yet.

All announcements

Download as CSV (includes how each row was counted).

2026 11 announcements
DateRecipientAmount% of RPO / revenueDetails
RADA Technologies LLCArmy $500.0M IDIQ ceiling
RADA Technologies LLC, Germantown, Maryland, was awarded a $500,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for commercial…
…counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. Bids were solicited via the internet with 50 received. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 27, 2029. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity (W912CH-26-D-A068). (Awarded Sept. 28, 2026).

Contract W912CH-26-D-A068, contract; awarded 2026-09-28

DRS Sustainment Systems Inc.Army $28.6M
DRS Sustainment Systems Inc., Bridgeton, Missouri, was awarded a $28,553,756 modification (P00005) to contract W912CH-26-F-0282 for additional Early Entry Fluid…
…Distribution Systems and related support equipment. The modification brings the total cumulative face value to $49,407,184. One bid was solicited with one received. Work locations and funding will be determined with each order, with an estimated completion date of Nov. 30, 2028. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity.

Contract W912CH-26-F-0282, modification

RADA Technologies LLCArmy $500.0M IDIQ ceiling
RADA Technologies LLC, Germantown, Maryland, was awarded a $500,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for commercial…
…counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. Bids were solicited via the internet with 50 received. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 27, 2029. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity (W912CH-26-D-A068). (Awarded Sept. 28, 2026)

Contract W912CH-26-D-A068, contract

Leonardo DRS Airborne and Intelligence SystemsNavy $39.6M
Leonardo DRS Airborne and Intelligence Systems, Beavercreek, Ohio, is awarded a $39,608,346 firm-fixed-price, cost-plus-fixed-fee contract for the production and…
…delivery of up to 55 Joint Tactical Terminal Transceiver units. This contract also provides for non-recurring engineering, aircraft integration, qualification, and production support for the F/A-18E/F Super Hornet and EA-18G Growler aircraft in support of enhancing threat warning and situational awareness leveraging resilient communications over government and commercial non-geo stationary orbit networks for the Navy. Work will be performed in Beavercreek, Ohio, and is expected to be completed in February 2028. Fiscal 2026 aircraft procurement (Navy) funds in the amount of $39,608,346 will be obligated at the time of award. This contract was competitively procured; one offer was received. Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity (N0001926C1012).

Contract N00019-26-C-1012, contract; obligated at award $39.6M

DRS Laurel Technologies PartnershipNavy $68.3M
DRS Laurel Technologies Partnership, Largo, Florida, was awarded a $68,322,385 firm-fixed-price modification to a previously awarded contract (N6339423C0006) for the…
…manufacturing, assembling, testing, and delivery of Vertical Launching System associated kits. This contract combines purchases for the U.S. government (87%); and the government of the Netherlands (13%), under the Foreign Military Sales (FMS) Program. Work will be performed in Largo, Florida, and is expected to be completed by July 2027. Fiscal 2026 procurement (Defense-wide) funds in the amount of $41,797,353 (61%); fiscal 2026 shipbuilding and conversion (Navy) funds in the amount of $16,973,361 (25%); FMS (Netherlands) funds in the amount of $8,630,986 (12%); fiscal 2026 other procurement (Navy) funds in the amount of $592,701 (1%); and fiscal 2026 research, development, test and evaluation (Defense-wide) funds in the amount of $327,984 (1%), funding will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Surface Warfare Center Port Hueneme Division, Port Hueneme, California, is the contracting activity. (Awarded July 23, 2026).

Contract N63394-23-C-0006, modification; obligated at award $9.6M; awarded 2026-07-23

DRS Sustainment Systems Inc.Army $20.9M
DRS Sustainment Systems Inc., Bridgeton, Missouri, was awarded a $20,853,428 firm-fixed-price contract for production of Early Entry Fluid Distribution System sets,…
…ancillary support equipment, the authorized stock list, and displacement and evacuation kits. One bid was solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 26, 2026. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity (W912CH-26-F-0282). (Awarded July 6, 2026)

Contract W912CH-26-F-0282, contract; awarded 2026-07-06

DRS Network & Imaging Systems LLCArmy $55.7M
DRS Network & Imaging Systems LLC, Melbourne, Florida, was awarded a $55,714,779 cost-no-fee, cost-plus-fixed-fee, firm-fixed-price contract for engineering services in…
…support of the Improved Bradley Acquisition Subsystem. One bid was solicited via the internet with one received. Work will be performed in Melbourne, Florida, with an estimated completion date of Sept. 30, 2029. No funds were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-26-C-0018). (Awarded July 6, 2026)

Contract W31P4Q-26-C-0018, contract; obligated at award $0; awarded 2026-07-06

DRS Sustainment Systems Inc.Air Force $19.4M
DRS Sustainment Systems Inc., Bridgeton, Missouri, has been awarded a $19,407,893 modification (P00002) to a previously awarded contract (FA8534-25-D-0016) to exercise a…
…contract option. This contract provides for overhaul and unscheduled depot-level maintenance for the Halvorsen Aircraft Cargo Loader. Work will be performed in Bridgeton, Missouri; and West Plains, Missouri, and is expected to be completed Sept. 14, 2027. No funds are being obligated at time of award. The Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity.

Contract FA8534-25-D-0016, modification; obligated at award $0

DRS Network & Imaging Systems LLCArmy $150.0M
DRS Network & Imaging Systems LLC, Melbourne, Florida, was awarded a $150,000,000 modification (P00018) to contract W909MY-22-C-0023 for manufacturing and delivering…
…Third Generation Forward Looking Infrared (3GEN FLIR) Low-Rate Initial Production Dewar Cooler Benches to support the XM30 Mechanized Infantry Combat Vehicle, the Future Advanced Long-range Common Optical / Netted-fires Sensor, and the Abrams M1E3 Main Battle Tank. The modification brings the total cumulative face value of the contract to $213,138,361. Work will be performed in Melbourne, Florida, with an estimated completion date of Jan. 31, 2029. Fiscal 2025 other procurement, Army funds in the amount of $20,195,591 were obligated at the time of the award. Army Contracting Command. Aberdeen Proving Ground, Belvoir Division, Ft. Belvoir, Virginia, is the contracting activity (W909MY-22-C-0023).

Contract W909MY-22-C-0023, modification; obligated at award $20.2M

DRS Systems Inc.Navy $533.3M IDIQ ceiling
DRS Systems Inc., Melbourne, Florida, is awarded $533,287,672 firm-fixed-price, cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract…
…for the production and delivery of distributed aperture infrared countermeasure weapons replaceable assemblies and shop replaceable assemblies in the low rate initial production configurations to include a maximum of 690 Sensors, 134 Processors, 134 Laser I, 52 fiber optic cables I, and 52 FOCA II, as well as associated engineering support for the Navy and Army. Additionally, this contract provides for multi-spectral test sets, field service representatives, far field test station upgrades, and electrical equivalent test benches. Work will be performed in San Diego California (50%); Dallas, Texas (43%); and Fort Walton Beach, Florida (7%), and is expected to be complete by April 2030. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was not competed. Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity (N0001926D1002).

Contract N00019-26-D-1002, contract; obligated at award $0

DRS Sustainment Systems Inc.Army $45.0M
DRS Sustainment Systems Inc., Bridgeton, Missouri, was awarded a $44,978,691 modification (P00171) to a firm-fixed-price contract for the procurement of 20 Joint Assault…
…Bridge systems and associated spares. Work will be performed in West Plains, Missouri, with an estimated completion date of March 31, 2027. Fiscal 2024, 2025, and 2026 Procurement of Weapons and Tracked Combat Vehicles, Army funds in the amount of $44,978,691 were obligated at the time of the award. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity.

modification; obligated at award $45.0M

Note: no contract number found

Which names count as DRS

Contract announcements name the legal entity that signed (often a subsidiary). These are the names matched to DRS and the rules that matched them.

Rule (normalized name)Valid fromEvidenceNote
^leonardo drs\b2022-11-29company name
^rada technologies\b2022-11-29DRS 10-K Exhibit 21 (verify)RADA merged with Leonardo DRS in Nov 2022
^drs (sustainment|network|naval|laurel|training|rada|systems|signal|daylight)\b2022-11-29DRS 10-K Exhibit 21 (verify)DRS operating subsidiaries