Defense Industry

Leonardo DRS to Acquire Raft for $450 Million in All-Cash Deal

DEFCROS News

28 Jul 2026 — 1 min read

Image: thedefensepost

Leonardo DRS, a majority-owned subsidiary of Leonardo, has announced a significant expansion in the U.S. defense market by agreeing to acquire Raft, a Virginia-based defense technology company, in a deal valued at $450 million. This all-cash transaction highlights Leonardo DRS's strategic move to bolster its technological capabilities and strengthen its position within the U.S. defense sector.

Acquisition Details

The agreement comes as part of Leonardo DRS's ongoing efforts to enhance its portfolio and capabilities in the defense technology arena. The acquisition of Raft will enable Leonardo DRS to integrate advanced mission software solutions into its offerings. Key details include:

Acquisition Value: $450 million
Transaction Type: All-cash deal
Location: Virginia

Strategic Implications for Leonardo DRS

This acquisition is poised to have several strategic implications for Leonardo DRS, particularly in the context of the evolving defense landscape. As the company seeks to increase its technological prowess, the addition of Raft's expertise in mission software may present new opportunities for innovation and operational efficiency.

Moreover, the deal underscores Leonardo DRS's commitment to enhancing its capabilities in response to the increasing demand for advanced defense technologies. Analysts suggest that such strategic acquisitions could lead to:

Enhanced product offerings and solutions for military operations
Increased competitiveness in the U.S. defense market
Opportunities for collaboration with military and government agencies

In summary, the acquisition of Raft marks a significant step for Leonardo DRS as it aims to solidify its status as a key player in the U.S. defense sector while expanding its technological capabilities.

Sources: Edrmagazine, Thedefensepost, Virginia Business, Washington Technology, CNBC, and Tectonic Defense

Edited by Daniel Vazdar, Editor. How DEFCROS News reports, sources and corrects.

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