Leonardo DRS, Inc. 10-K

ITEM 2. Properties We are headquartered in Arlington, Virginia. Our principal executive offices are leased under a lease agreement expiring in March 31, 2027 with an option to extend for five years thereafter. We also lease space in 17 other states and the District of Columbia in the United States and in one city in Canada and we own properties in three states in the United States and in one city in Canada. We believe that our facilities are adequate for our intended use and sufficient for our immediate needs, including to meet any security certification requirements or requirements for locating facilities in certain locations. It is not certain whether we will negotiate new leases as existing leases expire or whether we will be able to negotiate new leases without substantial cost or at all. Such determinations will be made as existing leases approach expiration and will be based on an assessment of our requirements at that time. Further, we believe that we can obtain additional space, if necessary, based on prior experience and current real estate market conditions. The table below provides additional information about our significant leased and owned facilities and properties. Location Activities Operating Segment Approximate Square Footage Owned / Leased 4265 North 30th Street, Milwaukee, WI Manufacturing, Engineering, Warehouse, Office Integrated Mission Systems 610,800 Leased 1 McDaniel Street, West Plains, MO Manufacturing, Engineering, Warehouse, Office Integrated Mission Systems 447,067 Owned Good Hope Rd., Menomonee Falls, WI Manufacturing, Engineering, Warehouse Integrated Mission Systems 372,856 Leased 100 North Babcock Street, Melbourne, FL Manufacturing, Engineering, Warehouse, Office Network Computer & Communications 311,287 Leased 6060 Highway, High Ridge, MO Manufacturing, Engineering, Office Integrated Mission Systems 183,600 Owned 4545 N. Lindbergh Blvd, Bridgeton, MO Manufacturing, Engineering, Warehouse, Office Integrated Mission Systems 171,500 Leased One Milestone Center Court, Germantown, MD Engineering, Office Advanced Sensor Technologies 133,140 Leased 7200 Redstone Gateway, Huntsville, AL Manufacturing, Engineering, Office Network Computer & Communications 131,498 Leased 50 246 Airport Road, Johnstown, PA Manufacturing, Engineering, Warehouse, Office Network Computer & Communications 129,716 Leased 500 Palladium Drive, Ottawa, ON, Canada Manufacturing, Engineering, Warehouse, Office Network Computer & Communications 127,334 Leased 401 Flint Drive, Menomonee Falls, WI Engineering, Office Integrated Mission Systems 118,620 Leased 166 Boulder Drive, Building #2, Fitchburg, MA Manufacturing, Warehouse Integrated Mission Systems 114,454 Leased 6200 118th Avenue North, Largo, FL Manufacturing, Engineering, Office Network Computer & Communications 113,329 Owned 10600 Valley View Street, Cypress, CA Engineering, Office Advanced Sensor Technologies 91,506 Leased 13532 N Central Expressway, Dallas, TX Manufacturing, Engineering, Office Advanced Sensor Technologies 89,982 Leased 645 Anchors Street, Ft. Walton Beach, FL Manufacturing, Engineering, Office Advanced Sensor Technologies 74,304 Owned 21 South Street, Danbury, CT Manufacturing, Engineering, Warehouse, Office Integrated Mission Systems 74,300 Owned 1200 Sherman Street, Dallas, TX Engineering, Office Advanced Sensor Technologies 73,646 Leased 16465 Via Esprillo, San Diego, CA Manufacturing, Engineering, Office Advanced Sensor Technologies 67,762 Leased 650 Lovejoy, Ft. Walton Beach, FL Engineering, Office Advanced Sensor Technologies 53,045 Owned 2345 Crystal Drive, Arlington, VA Office Corporate 49,048 Leased 51 13544 N Central Expressway, Dallas, TX Manufacturing, Engineering, Office Advanced Sensor Technologies 48,374 Leased 2601 Mission Point Blvd, Beavercreek, OH Engineering, Office Advanced Sensor Technologies 46,637 Leased 150 Bluewater Road, Bedford, NS, Canada Manufacturing, Engineering, Office Network Computer & Communications 41,750 Owned 21345 Ridgetop Circle, Dulles, VA Engineering, Office Network Computer & Communications 40,412 Leased 825 Greenbrier Circle, Chesapeake, VA Manufacturing, Engineering, Office Network Computer & Communications 34,299 Leased 651 Anchors Street, Ft. Walton Beach, FL Manufacturing, Engineering, Office Advanced Sensor Technologies 32,107 Owned 1057 South Sherman, Richardson, TX Engineering, Office Advanced Sensor Technologies 26,696 Leased 590 Territorial Drive, Bolingbrook, IL Manufacturing, Engineering, Office Advanced Sensor Technologies 26,460 Leased 166 Boulder Drive, Fitchburg, MA Engineering, Office Integrated Mission Systems 22,000 Leased 640 Lovejoy West, Ft. Walton Beach, FL Engineering, Office Advanced Sensor Technologies 11,226 Owned 52