MARKET WIRE NEWS

Leonardo DRS CTO Dr. Phil Perconti Named a 2026 Defense News Index Technology Disrupter

MWN-AI** Summary

Leonardo DRS, Inc. has announced that Dr. Philip Perconti, its Senior Vice President and Chief Technology Officer, has been honored as a 2026 Defense News Index Technology Disrupter. This inaugural recognition celebrates innovators who drive advancements in defense technology, transforming concepts into practical capabilities for warfighters. According to Defense News, the honorees are recognized for their exceptional ability to accelerate technological timelines and deliver groundbreaking solutions.

Dr. Perconti's leadership is highlighted by his commitment to rapidly transitioning critical technologies from the laboratory to operational use, a sentiment echoed by Leonardo DRS's President and CEO John Baylouny. With a robust background in mission-driven innovation, Perconti serves as the architect of the company's research and development strategy, focusing on integrating advanced technologies that enhance warfighting capabilities.

Before joining Leonardo DRS, Perconti held pivotal positions within the U.S. Army, notably as Deputy Assistant Secretary for Research and Technology and Army Chief Scientist, overseeing extensive research programs and directing strategic initiatives in Quantum Information Sciences and Artificial Intelligence. His extensive leadership experience included managing a workforce of over 12,000 scientists and engineers, with a budget exceeding $1.2 billion.

With more than 50 publications to his credit and two patents, Dr. Perconti has been recognized with multiple accolades, including the Presidential Rank Award of Distinguished Executive and the U.S. Army Distinguished Civilian Service Medal. He is also a Technical Fellow of the Military Sensing Symposium.

Leonardo DRS continues to establish itself as a leader in transformative defense technologies, dedicated to meeting the rigorous demands of U.S. national security through innovative solutions across various domains. For more information, visit www.LeonardoDRS.com.

MWN-AI** Analysis

The recent recognition of Dr. Philip Perconti, CTO of Leonardo DRS, as a 2026 Defense News Index Technology Disrupter is a significant development for investors keeping an eye on the defense technology sector. Dr. Perconti’s leadership and proven track record in advancing mission-ready technology exemplify the strategic direction of Leonardo DRS and can positively influence its market position and stock performance moving forward.

Dr. Perconti’s commitment to swiftly translating research into operational technology could yield substantial benefits for Leonardo DRS. His background in the U.S. Army’s research initiatives and established expertise in Quantum Information Sciences and Artificial Intelligence underscore a focus on innovation, which is paramount not just for military applications but also in broader contexts where defense technologies meet commercial demands.

Investors should consider that Leonardo DRS operates in a sector often characterized by government contracts and partnerships, which can stabilize revenues. The emphasis on “rapidly providing high-performance, multi-domain capabilities” aligns with a growing global focus on defense modernization—a trend that is likely to persist as nations increasingly invest in advanced military capabilities.

The positive sentiment surrounding Dr. Perconti’s appointment suggests a potential uptick in investor confidence and might position Leonardo DRS favorably against its competitors. With the ongoing push for defense technology innovation, stakeholders should closely monitor any announcements related to new contracts or technological advancements spearheaded by Dr. Perconti’s team.

In conclusion, considering Leonardo DRS's leadership in defense innovation and the implications of Dr. Perconti's accolade, investors may find that this is an opportune moment to evaluate their positions in the company, especially in light of potential growth trajectories in a critical sector driven by technological advancement and increasing defense budgets.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Leonardo DRS, Inc. (NASDAQ: DRS) today announced that Dr. Philip Perconti, Senior Vice President & Chief Technology Officer, has been named to the inaugural 2026 Defense News Index: Tech Disruptors List, which recognizes executives, engineers, founders and program leaders accelerating defense technology “from concept to capability.”

Defense News said honorees are distinguished by their ability to compress timelines, deliver breakthrough technologies, and put capability directly into the hands of warfighters.

“Dr. Perconti is exactly the kind of leader the defense community needs right now—relentlessly focused on quickly moving critical technologies out of the lab and into operational use,” said John Baylouny, President and CEO of Leonardo DRS. “His career has been defined by mission-driven innovation, and at Leonardo DRS he’s driving the rapid development and integration of advanced capabilities so our warfighters can stay ahead of the threat and own the edge.”

A Proven Innovator Advancing Mission-Ready Technology

As Leonardo DRS Chief Technology Officer, Perconti develops the company’s corporate research and development strategy, accelerates technology innovation, and seeks to create and expand partnerships that result in integrated technology solutions to produce enhanced warfighting capabilities.

Before joining Leonardo DRS, Perconti served as Deputy Assistant Secretary of the Army for Research and Technology and Army Chief Scientist, responsible for policy and oversight of the Army’s research and technology program spanning 17 laboratories and Engineering Centers and nearly 12,000 scientists and engineers. He previously served as Director of the U.S. Army Research Laboratory, setting strategy and research priorities for the Army’s corporate research enterprise, with responsibility for more than 3,000 personnel and an annual budget exceeding $1.2 billion. He established and led the laboratory’s research programs in Quantum Information Sciences and Artificial Intelligence, shaping their scope and aligning investment and talent to deliver early results.

Perconti is an author or coauthor on more than 50 publications and holds two patents. His honors include the Presidential Rank Award of Distinguished Executive, the federal government’s highest award for sustained extraordinary accomplishment by a Senior Executive, the U.S. Army Distinguished Civilian Service Medal and Federal Laboratory Consortium Laboratory Director of the Year. He is a Technical Fellow of the Military Sensing Symposium.

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/20260303929890/en/

Leonardo DRS Investor Relations Contact
Steve Vather
Senior Vice President, Corporate Development (M&A) and Investor Relations
+1 703 409 2906
stephen.vather@drs.com

Leonardo DRS Media Contact
Carrie Robinson
Vice President, Marketing and Corporate Communications
+1 321 266 7691
carrie.robinson@drs.com

FAQ**

How will Dr. Philip Perconti's recognition on the inaugural 2026 Defense News Index: Tech Disruptors List impact the strategic direction of Leonardo DRS Inc. DRS in defense technology innovation and project timelines?

Dr. Philip Perconti's recognition on the 2026 Defense News Index: Tech Disruptors List is likely to enhance Leonardo DRS Inc.'s strategic focus on cutting-edge defense technologies, potentially accelerating project timelines and attracting investment in innovative solutions.

With Dr. Perconti's experience in advanced technologies, what specific areas of research and development will Leonardo DRS Inc. DRS prioritize to enhance capabilities for U.S. national security?

Leonardo DRS Inc. will prioritize advancements in artificial intelligence, cybersecurity, autonomous systems, and advanced sensor technologies to enhance capabilities for U.S. national security, leveraging Dr. Perconti's expertise in cutting-edge innovations.

Given Dr. Perconti’s focus on rapidly moving technologies from concept to capability, how does Leonardo DRS Inc. DRS plan to streamline its development processes while maintaining quality and performance standards?

Leonardo DRS Inc. plans to streamline its development processes by leveraging agile methodologies, enhancing collaboration across teams, and investing in advanced technologies to ensure rapid transition from concept to capability while upholding rigorous quality and performance standards.

How does Leonardo DRS Inc. DRS plan to leverage Dr. Perconti's previous experiences and partnerships to foster collaborations that result in innovative solutions for defense challenges?

Leonardo DRS Inc. plans to utilize Dr. Perconti's extensive experience and strategic partnerships to enhance collaborative efforts that drive the development of innovative and effective solutions to address complex defense challenges.

**MWN-AI FAQ is based on asking OpenAI questions about Leonardo DRS Inc. (NASDAQ: DRS).

Leonardo DRS Inc.

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