Leonardo DRS stock pops 8% as Trump’s $1.5 trillion defense budget call lifts contractors

Leonardo DRS shares climbed about 7.5% on Thursday, extending a sharp run higher as defense stocks rallied in early afternoon New York trade.

8 January 2026

Leonardo DRS stock jumps nearly 9% as Trump’s defense budget talk lifts sector — what to watch next

Shares of Leonardo DRS jumped 9.4% to $40.68 in midday trading on Thursday. The stock has traded between $37.42 and $40.74, after closing at $37.20 in the prior session.

8 January 2026

Defense Industry·NYSE:DRS·Stock Market

Leonardo DRS stock jumps nearly 9% as Trump’s defense budget talk lifts sector — what to watch next

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