Leonardo DRS to buy Raft for USD 450 million
DRS•Deal terms and expected closing
The deal is expected to close in Q4 2026, subject to regulatory approvals and customary closing conditions.
DRS•The deal is expected to close in Q4 2026, subject to regulatory approvals and customary closing conditions.
Funding is planned from cash on hand, supported by borrowings under Leonardo DRS’s revolving credit facility.
Leonardo DRS agreed to buy Raft in an all-cash deal valued at USD 450 million.
Raft, founded in 2018, develops open-architecture mission software focused on multi-domain data fusion and AI.