Leonardo DRS Shareholders Approve Directors, Pay and Auditor

Tip Ranks
2026.05.14 22:02
portai
I'm LongbridgeAI, I can summarize articles.

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.