Leonardo DRS announced that it has entered into a definitive agreement to acquire Raft in an all-cash transaction valued at $450 million.
The deal aligns with Leonardo DRS's strategy to deliver integrated, mission-focused technologies that help customers operate faster and with greater clarity in complex environments.
About Leonardo DRS
Leonardo DRS develops defense technologies across advanced sensing, network computing, force protection, and electric power and propulsion. The company serves US national security customers and allied partners worldwide, with a focus on multi-domain capabilities and mission-critical performance.
About Raft
Raft is a provider of open-standard mission software specializing in multi-domain data fusion and AI for US government and defense customers. The company's products fuse and stream data to support real-time awareness and faster decision-making from the tactical edge to the enterprise.
Source: Leonardo DRS
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