Leonardo DRS, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
DRS$36.41+7.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (Dollars in millions, except per share amounts) | 2025 | 2024 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $647 | $598 |
| Accounts receivable, net | 334 | 253 |
| Contract assets | 931 | 872 |
| Inventories | 352 | 358 |
| Prepaid expenses | 26 | 27 |
| Other current assets | 36 | 55 |
| Total current assets | 2,326 | 2,163 |
| Noncurrent assets: | ||
| Property, plant and equipment, net | 512 | 440 |
| Intangible assets, net | 112 | 132 |
| Goodwill | 1,238 | 1,238 |
| Deferred tax assets | 88 | 120 |
| Other noncurrent assets | 210 | 91 |
| Total noncurrent assets | 2,160 | 2,021 |
| Total assets | $4,486 | $4,184 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings and current portion of long-term debt | $26 | $25 |
| Accounts payable | 351 | 426 |
| Contract liabilities | 585 | 399 |
| Other current liabilities | 269 | 266 |
| Total current liabilities | 1,231 | 1,116 |
| Noncurrent liabilities: | ||
| Long-term debt | 321 | 340 |
| Pension and other postretirement benefit plan liabilities | 35 | 34 |
| Deferred tax liabilities | 3 | 7 |
| Other noncurrent liabilities | 166 | 130 |
| Total noncurrent liabilities | 525 | 511 |
| Commitments and contingencies (Note 16) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value: 10,000,000 shares authorized; none issued | — | — |
| Common stock, $0.01 par value: 350,000,000 shares authorized; 265,822,404 and 265,064,755 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 3 | 3 |
| Additional paid-in capital | 5,083 | 5,194 |
| Accumulated deficit | (2,315) | (2,593) |
| Accumulated other comprehensive loss | (41) | (47) |
| Total stockholders' equity | 2,730 | 2,557 |
| Total liabilities and stockholders' equity | $4,486 | $4,184 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.