Leonardo DRS Inc 2025年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedSeptember30, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _______ to _______Commission File Number001-41565 Leonardo DRS, Inc. (Exact name of registrant as specified in its charter) Delaware13-2632319(State or other jurisdictionof incorporation or organization)(I.R.S. EmployerIdentification No.) 2345 Crystal DriveSuite 1000Arlington,Virginia22202(703)416-8000 (Address of principal executive offices, including zip code, and registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon stock, $0.01 par valueDRSThe Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of October28, 2025, there were266,026,725shares of the registrant’s common stock, par value of $0.01 per share, outstanding. TABLE OF CONTENTS PART I. Financial InformationITEM 1. Financial Statements (Unaudited)Consolidated Statements of EarningsConsolidated Statements of Comprehensive IncomeConsolidated Balance SheetsConsolidated Statements of Cash FlowsConsolidated Statements of Stockholders' EquityNotes to Consolidated Financial StatementsITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsITEM 3. Quantitative and Qualitative Disclosures About Market RiskITEM 4. Controls and ProceduresPART II. Other InformationITEM 1. Legal ProceedingsITEM 1A. Risk FactorsITEM 2. Unregistered Sales of Equity Securities and Use of ProceedsITEM 3. Defaults Upon Senior SecuritiesITEM 4. Mine Safety DisclosuresITEM 5. Other InformationITEM 6. ExhibitsSignatures SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION In this quarterly report on Form 10-Q (this “Quarterly Report”), when using the terms the “Company,” “DRS,” “we,” “us” and“our,” unless otherwise indicated or the context otherwise requires, we are referring to Leonardo DRS, Inc. This QuarterlyReport contains forward-looking statements and cautionary statements within the meaning of the Private Securities LitigationReform Act of 1995. Some of the forward-looking statements can be identified by the use of forward-looking terms such as“believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “seeks,” “aims,” “strives,” “targets,” “projects,” “intends,”“plans,” “estimates,” “anticipates” or other comparable terms. Forward-looking statements include, without limitation, allmatters that are not historical facts. They appear in a number of places throughout this Quarterly Report and include, withoutlimitation, statements regarding our intentions, beliefs, assumptions or current expectations concerning, among other things,financial goals, financial position, results of operations, cash flows, prospects, strategies or expectations, and the impact ofprevailing economic conditions. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyondour control. We caution you that forward-looking statements are not guarantees of future performance or outcomes and thatactual performance and outcomes may differ materially from those made in or suggested by the forward-looking statementscontained in this Quarterly Report. In addition, even if future performance and outcomes are consistent wit