# Leonardo DRS, Inc. (DRS) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_0401d4b373c812ac0669 · retrieved 2026-08-11T16:12:43.924Z

## Overview
Leonardo DRS, Inc. is a leading provider of advanced defense technologies specializing in the design, development and manufacture of advanced sensing, network computing, force protection, electric power and propulsion and other mission-critical technologies.

Leonardo DRS, Inc. announced the acquisition of Raft LLC for $450 million to expand its multi-domain AI, data fusion, and mission software capabilities. The transaction is pending and the guidance excludes the acquisition pending its completion.

## Terms
- Counterparty: Raft LLC · Deal value: $450.0M

## Key dates
- Announced 2026-07-30

## Timeline
- 2026-07-30 · 8-K (0001833756-26-000037): 8-K - Leonardo DRS, Inc. — *Leonardo DRS, Inc. is a leading provider of advanced defense technologies specializing in the design, development and manufacture of advanced sensing, network computing, force protection, electric power and propulsion and other mission-critical technologies.* Leonardo DRS, Inc. announced the acquisition of Raft LLC for $450 million to expand its multi-domain AI, data fusion, and mission software capabilities. The transaction is pending and the guidance excludes the acquisition pending its completion.
  https://www.sec.gov/Archives/edgar/data/1833756/0001833756-26-000037.txt

## Citations
- 0001833756-26-000037 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000183375626000037
