Leonardo DRS Inc. (DRS) Achieves First on-Orbit Test on Proprietary Technology

Group 1 - Leonardo DRS Inc. is recognized by Wall Street analysts as one of the best aerospace and defense stocks to buy, particularly following the successful on-orbit test of its multi-channel, software-defined radio [1][2] - The eXtended Crypto Module3-Space (XCM3-Space) is a proprietary technology aimed at enhancing military satellite data transport capabilities, addressing emerging cyber and electronic warfare threats [2][3] - The company has a strong reputation built over 50 years, providing advanced systems and services to military and intelligence agencies across various platforms [5] Group 2 - On December 8, Leonardo DRS entered a memorandum of intent with Saudi Arabia's Ministry of Defense to explore collaboration on ground combat vehicles, including battle management systems and rugged vehicle computing hardware [4] - Morgan Stanley analyst Kristine Liwag reiterated a Hold rating on Leonardo DRS with a price target of $40 [4]