Leonardo DRS agrees to buy Raft for USD 450 million cash

Reuters2026/07/28 15:30

By:Reuters

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Leonardo DRS agreed to buy mission software firm Raft in an all-cash deal valued at USD 450 million.
Raft develops open-architecture mission software focused on multi-domain data fusion and AI for real-time situational awareness.
Deal aims to deepen DRS’s software and AI capabilities alongside its sensing and network computing portfolio.
Closing expected in Q4 2026, subject to regulatory clearances and customary conditions.
DRS expects a roughly USD 50 million tax benefit over 15 years and EPS accretion in the first full year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leonardo DRS Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281130PRIMZONEFULLFEED9799073) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Leonardo DRS agrees to buy Raft for USD 450 million cash

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