Says company is uniquely positioned to rapidly deliver disruptive, trusted defense technologies at the speed of today’s warfare.

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that John Baylouny has officially assumed the role of President and Chief Executive Officer, effective January 1, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260105927182/en/

John Baylouny CEO, Leonardo DRS

Baylouny is deeply rooted in the organization, bringing more than 35 years of experience across senior leadership, engineering, design, operations, and P&L leadership roles. As COO, he oversaw the company’s workforce across both operating segments and drove enterprise strategy for next-generation capability development. He has deep experience and a relentless drive for excellence, with an unwavering commitment to our warfighters. Baylouny’s leadership marks a bold new chapter for Leonardo DRS, one which he believes will be defined by speed and innovation.

“This is a defining moment for our industry, and we intend to lead from the front,” Baylouny said. “Leonardo DRS is uniquely positioned to deliver disruptive, trusted technologies at the speed the mission demands. We will strive to innovate and perform faster, and broaden our impact across defense, intelligence, and international customers -- while staying anchored in the technical expertise and customer focus that have earned us our reputation for delivering when it matters most.”

Baylouny stated that his primary focus will be leading the company’s next phase of growth, expanding into high-opportunity markets aligned with its core strengths, accelerating next-generation R&D, and strengthening Leonardo DRS’s role as a trusted partner delivering high-performance, mission-critical systems across all warfighting domains.

As previously announced, the Leonardo DRS Board of Directors on October 27, 2025, named Baylouny as President and Chief Executive Officer and a member of the Board when Bill Lynn, the company’s prior Chairman and Chief Executive Officer, announced his retirement after leading the company for fourteen years.

About Leonardo DRS

Leonardo DRS Inc. (Nasdaq: DRS) is at the forefront of developing transformative defense technologies using its proven agility and delivering innovative solutions for U.S. national security customers and allies worldwide. We specialize in rapidly providing high-performance, multi-domain capabilities across next-generation advanced sensing, network computing, force protection, and electric power and propulsion. Our reputation as a trusted provider is built on a continuous focus on practical innovation, delivering quality, and meeting our customers’ most demanding mission requirements. For further information on our complete range of capabilities, visit www.LeonardoDRS.com.

Forward-Looking Statements

This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260105927182/en/