• 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.
• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leonardo S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0131-54-2026_TELEBORSA.pdf), on July 28, 2026, and is solely responsible for the information contained therein.