Leonardo DRS agrees to acquire Raft for US$450 million

Leonardo DRS signed a definitive all-cash agreement to acquire Raft, a provider of open-architecture mission software, multi-domain data fusion and AI for national-security customers. The transaction is valued at US$450 million and is expected to close in the fourth quarter, subject to regulatory approval and customary conditions.

Why it matters: Defence primes are acquiring software-first capabilities that fuse distributed sensor data and support human–AI decision workflows. The deal is agreed, not completed.

Leonardo DRS · Breaking Defense