---
title: "Leonardo DRS Shareholders Approve Directors, Pay and Auditor"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286474950.md"
description: "At its May 14, 2026 annual meeting, Leonardo DRS shareholders elected all nominated directors and approved executive compensation, indicating strong support for governance. Ernst & Young LLP was ratified as the independent auditor for the 2026 fiscal year. Analysts rate DRS stock as a Buy with a $59.00 price target, citing strong financial performance despite some valuation concerns. Leonardo DRS specializes in defense technology, providing advanced solutions for military and intelligence customers, with a market cap of $11.44B."
datetime: "2026-05-14T22:02:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286474950.md)
  - [en](https://longbridge.com/en/news/286474950.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286474950.md)
---

# Leonardo DRS Shareholders Approve Directors, Pay and Auditor

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Leonardo Drs ( (DRS) ) has shared an announcement.

At its May 14, 2026 annual meeting of stockholders, Leonardo DRS, Inc. reported that shareholders elected all nominated directors, including Frances F. Townsend, Gail S. Baker, John A. Baylouny, Dr. Louis R. Brothers, General George W. Casey Jr., Mary E. Gallagher, Reuben Jeffery III, Kenneth J. Krieg, and Eric C. Salzman. The director slate received substantial support, reinforcing continuity in the company’s board and governance structure.

Stockholders also approved on an advisory basis the compensation of the company’s named executive officers, indicating broad investor backing for current pay practices. In addition, shareholders ratified the appointment of Ernst & Young LLP as independent auditor for the 2026 fiscal year, helping to secure audit oversight and financial reporting stability for the upcoming period.

The most recent analyst rating on (DRS) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Leonardo Drs stock, see the DRS Stock Forecast page.

**Spark’s Take on DRS Stock**

According to Spark, TipRanks’ AI Analyst, DRS is a Outperform.

The score is driven primarily by strong and improving financial performance (rising revenue/margins, stronger recent cash generation, and very low leverage) and a positive earnings call with raised full-year guidance and record backlog. Offsetting these strengths are weak near-term technical momentum and a demanding valuation (high P/E with low yield).

To see Spark’s full report on DRS stock, click here.

**More about Leonardo Drs**

Leonardo DRS, Inc. is a defense technology company that provides advanced products and services to military and intelligence customers. The company develops and supplies integrated mission systems, network computing, sensing, and force protection solutions, with a primary focus on serving U.S. and allied defense markets and supporting critical national security programs.

**Average Trading Volume:** 1,153,365

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $11.44B

Learn more about DRS stock on TipRanks’ Stock Analysis page.

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