Leonardo DRS, Inc. (NASDAQ:DRS) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET

Company Participants

Steve Vather - SVP, IR & Corporate Finance
Bill Lynn - Chairman & CEO
Mike Dippold - CFO

Conference Call Participants

Peter Arment - Baird
Robert Stallard - Vertical Research
Seth Seifman - JPMorgan
Mariana Perez Mora - Bank of America
Samuel Struhsaker - Truist Securities
Jonathan Tanwanteng - CJS Securities

Operator

Ladies and gentlemen, good day, and welcome to Leonardo DRS First Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. Following the company's prepared remarks, there will be an opportunity to ask questions and instructions will be given at that time. As a reminder, this event is being recorded.

I would now like to turn the conference over to Steve Vather, Senior Vice President of Investor Relations and Corporate Finance. Please go ahead.

Steve Vather

Good morning, and welcome, everyone. Thanks for participating on today's quarterly earnings conference call. With me today are Bill Lynn, our Chairman and CEO; and Mike Dippold, our CFO. They will discuss our strategy, operational highlights, financial results and forward outlook. Today's call is being webcast on the Investor Relations portion of the website where you will also find the earnings release and supplemental presentation.

Management may also make forward-looking statements during the call regarding future events, anticipated future trends and the anticipated future performance of the company. We caution you that such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.

Actual results may differ materially from those projected in the forward-looking statements due to a variety of factors. For a full discussion of these risk factors, please refer to our latest Form 10-K and our other SEC filings. We undertake no obligation to update any of the forward-looking statements made on this call.

During this call, management will also discuss non-GAAP financial measures, which we believe provide useful information for investors. These non-GAAP measures should not be evaluated in isolation or as a substitute for GAAP performance measures. You can find a reconciliation of the non-GAAP measures discussed on this call in our earnings release.

At this time, I'll turn the call over to Bill. Bill?

Bill Lynn

Thanks, Steve, and thank you all for joining us this morning. It was great connecting with many of you at our recent Investor Day in New York. Just as a quick recap, we laid out a compelling investment case for DRS. And as many of you know, we are a unique story amidst a very scarce universe of SMID cap defense technology companies.