Leonardo DRS, Inc. (DRS) Interest Expense
The interest expense for Leonardo DRS, Inc. (DRS) is $8.00 Million with a year-over-year change of -61.90%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
DRS Interest Expense Chart
Reported annual fiscal-period values; no daily interpolation.
Current Interest Expense
$8.00M
$8.00 Million
Year-over-Year Change
-61.90%
vs. $21.00M prior year
Historical Data
11
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $8.00M | $-13.00M | -61.90% |
| 2024 | $21.00M | $-15.00M | -41.67% |
| 2023 | $36.00M | +$2.00M | +5.88% |
| 2022 | $34.00M | $-1.00M | -2.86% |
| 2021 | $35.00M | $-29.00M | -45.31% |
| 2020 | $64.00M | $-1.00M | -1.54% |
| 2019 | $65.00M | +$7.00M | +12.07% |
| 2018 | $58.00M | $-52.42M | -47.47% |
| 2008 | $110.42M | $-9.49M | -7.91% |
| 2007 | $119.91M | +$56.83M | +90.08% |
| 2006 | $63.09M | — | — |
About Leonardo DRS, Inc.
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- John A. Baylouny