Leonardo DRS Bets on Electric Warships—Will It Dominate the Future of Naval Propulsion? 

Leonardo DRS demonstrated a mixed second quarter for fiscal year 2025, characterized by substantial growth in certain areas but challenged by logistical and supply chain issues. On the positive side, the company showed remarkable traction in multiple sectors, with $853 million in bookings and a book-to-bill ratio of 1.0. The overall backlog increased to $8.6 billion, reflecting a 9% year-over-year growth. Additionally, strong demand was seen across segments such as electric power and propulsion, naval network computing, advanced infrared sensing, and ground systems technologies. The expectation to maintain a book-to-bill ratio greater than 1.0 for the full year suggests a continued strong demand pipeline.