The Leonardo Group has published the results of its Nasdaq-listed American subsidiary DRS: the firm ended 2025 with net profits of $278 million, up 31% from the previous year, and EBITDA of $453 million (+13%). Annual revenues rose 13% to $3.648 billion, with earnings per share of $1.15. New orders for 2025 reached $4.25 billion (up from $4.07 billion the year before), bringing the total backlog at the end of December to $8.731 billion. Two non-recurring transactions affected the financial results for the fourth quarter and the full year 2025. Initially, the agreement to license a ten-year intellectual property in the field of laser technologies to a quantum computing company (the transaction was valued at €100 million, resulting in a net impact of €73 million on revenues and margins). The corporation also had to deal with the ramifications of a memorandum agreeing to end a ground surveillance program, which cost them €67 million in income. Chairman and CEO John Baylouny announced "another year of exceptional customer demand and double-digit revenue growth".