DRS: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, DRS has $4,211M in assets. $328M in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	328	647	309	278
Accounts receivable, net	324	334	327	265
Contract assets	975	931	1,054	1,016
Inventories	371	352	404	400
Prepaid expenses	27	26	32	26
Other current assets	31	36	40	40
Total current assets	2,056	2,326	2,166	2,025
Property, plant and equipment, net	512	512	477	463
Intangible assets, net	106	112	114	120
Goodwill	1,238	1,238	1,238	1,238
Deferred tax assets	89	88	118	118
Other noncurrent assets	210	210	132	115
Total noncurrent assets	2,155	2,160	2,079	2,054
Total assets	4,211	4,486	4,245	4,079

Short-term borrowings and current portion of long-term debt	11	26	24	22
Accounts payable	187	351	342	265
Contract liabilities	640	585	440	436
Other current liabilities	267	269	276	235
Total current liabilities	1,105	1,231	1,082	958
Long-term debt	140	321	326	331
Pension and other postretirement benefit plan liabilities	32	35	28	29
Deferred tax liabilities	4	3	5	6
Other noncurrent liabilities	160	166	156	155
Total noncurrent liabilities	336	525	515	521
Common stock, 0.01 par value 350,000,000 shares authorized 265,965,593 and 265,822,404 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively	3	3	3	3
Additional paid-in capital	5,062	5,083	5,105	5,128
Accumulated deficit	-2,253	-2,315	-2,417	-2,489
Accumulated other comprehensive loss	-42	-41	-43	-42
Total stockholders' equity	2,770	2,730	2,648	2,600
Total liabilities and stockholders' equity	4,211	4,486	4,245	4,079

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.