Leonardo DRS, Inc. (DRS) stock: rises as $450M Raft acquisition boosts AI ambitions

TLDR DRS shares gain 0.47%, hitting $48.68 after Raft acquisition announcement. Leonardo DRS to buy Raft LLC in $450 million all-cash transaction deal. Raft brings AI-driven data fusion tech to DRS’s defense software lineup. Deal expected to close in Q4 2026, funded via cash and credit. DRS earnings call set for July 30, days after [...]

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