Item 2.02. Results of Operation and Financial Condition.

On March 9, 2023, Leonardo DRS, Inc.'s (the "Company") majority stockholder, Leonardo S.p.A., an Italian società per azioni, listed on the Milan Stock Exchange, ("Leonardo S.p.A"), of which the Company is a consolidated subsidiary, issued a press release announcing consolidated financial results for the year ended December 31, 2022 (the "Press Release"), which is attached hereto as Exhibit 99.1, as well as its Integrated Annual Report for the year ended December 31, 2023 (the "Annual Report") which is attached hereto as Exhibit 99.2.

The financial information contained in these materials includes, on a consolidated basis, information regarding the Company's results of operations and financial condition in accordance with International Financial Reporting Standards ("IFRS"), including but not limited to the financial information regarding the Company's performance in 2022 in the table on page 17 of the Press Release, which differs in some respects from the accounting principles generally accepted in the United States of America ("U.S. GAAP").

As previously announced, the Company plans to issue its quarterly earnings press release on March 28, 2023, which will contain financial information of the Company for the fourth quarter and the full year 2022 in accordance with U.S. GAAP.

The Press Release and the Annual Report are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, are being furnished to the SEC under both Item 2.02 "Results of Operations and Financial Condition" and Item 7.01 "Regulation FD Disclosure" of Form 8-K. The information furnished pursuant to this Form 8-K (including the exhibits hereto) shall not be considered "filed" under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or under the Exchange Act, unless the Company expressly states in such filing that such information is to be considered "filed" or incorporated by reference therein.


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Item 7.01 Regulation FD Disclosure.

To the extent applicable, the information in Item 2.02 of this Form 8-K is incorporated by reference into this Item 7.01.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number Exhibit Description

99.1 Leonardo S.p.A.'s FY 2022 Press Release

99.2 Leonardo S.p.A.'s FY 2022 Integrated Annual Report

104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

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