Leonardo DRS stock jumps nearly 9% as Trump’s defense budget talk lifts sector — what to watch next
Leonardo DRS shares jumped 9.4% to $40.68 Thursday after Donald Trump proposed a $1.5 trillion U.S. military budget for 2027, far above the $901 billion approved for 2026. The company named Sally A. Wallace as chief operating officer effective Jan. 1 and amended a filing to disclose her adoption of a Rule 10b5-1 trading plan.