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Our stock is listed on the Nasdaq under the symbol “DRS.”
−Removed: On February 20, 2025, the Company announced that its Board of Directors approved a cash dividend which will be paid on March 27, 2025.
+Added: On February 24, 2026, the Company announced that its Board declared a cash dividend of $ .09 per share of common stock payable on March 24, 2026 to stockholders of record as of the close of business on March 10, 2026.
This payment and any future payments are at the discretion of our Board and will depend upon our financial condition, results of operations, capital requirements, alternative uses of capital and other factors that our Board may consider at its discretion.
1 unchanged sentence
Holders of Common Stock
−Removed: The Transfer Agent and Registrar for our common stock is Equiniti Trust Company, LLC located at 48 Wall Street, Floor 23, New York, NY 10005.
+Added: The Transfer Agent and Registrar for our common stock is Equiniti Trust Company, LLC located at 28 Liberty Street, Floor 53, New York, NY 10005.
As of February 24, 2026, there were 40 registered holders of record of our common stock.
Common Stock Share Repurchase Program
−Removed: On February 20, 2025, the Company announced that its Board of Directors approved a share repurchase program that allows the Company to purchase up to $75 million of its outstanding common stock through March 4, 2027, subject to market conditions.
+Added: The following table summarizes our repurchases of common stock during the three months ended December 31, 2025:
+Added: Total Number of Shares (or Units) Purchased
+Added: Average Price Paid per Share (or Unit)
+Added: Total Number of
+Added: Shares (or Units)
+Added: Purchased as Part of
+Added: Publicly Announced
+Added: Plans or Programs (1)
+Added: Approximate Dollar Value of Shares (or Units)
+Added: that May Yet Be
+Added: Purchased Under
+Added: (Dollars in millions, except per share amounts)
+Added: October 1, 2025 - October 31, 2025 91,845 $ 42.00 91,845 $ 47
+Added: November 1, 2025 - November 30, 2025 91,905 34.78 91,905 44
+Added: December 1, 2025 - December 31, 2025 108,814 $ 33.98 108,814 $ 40
+Added: 292,564 292,564
+Added: ________________
+Added: (1) On February 20, 2025, the Company announced that its Board approved a share repurchase program that allows the Company to purchase up to $75 million of its outstanding common stock through March 4, 2027, subject to market conditions.
All repurchased shares are expected to be retired.
+Added: Share repurchases are at the discretion of our Board and will depend upon our financial condition, results of operations, capital requirements, alternative uses of capital and other factors that our Board may consider at its discretion.
Performance Graph
−Removed: The following graph compares the cumulative total stockholder return on our common stock, from November 29, 2022, the date our common stock began trading on Nasdaq, through December 31, 2024, to the Standard & Poor’s 500 Index (the “S&P 500 Index”) and the Standard & Poor’s Aerospace & Defense Select Industry Index (the “S&P A&D Select Industry Index”).
+Added: The following graph compares the cumulative total stockholder return on our common stock, from November 29, 2022, the date our common stock began trading on Nasdaq, through December 31, 2025,
+Added: to the Standard & Poor’s 500 Index (the “S&P 500 Index”) and the Standard & Poor’s Aerospace & Defense Select Industry Index (the “S&P A&D Select Industry Index”).
For purposes of this comparison, we have assumed an initial investment of $100, that dividends have been reinvested, and the returns of each company in the S&P 500 Index and the S&P A&D Select Industry Index have been weighted to reflect relative stock market capitalization.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.