Leonardo DRS to Acquire Raft LLC in $450 Million Deal

August 1, 2026

Leonardo DRS has entered into a definitive agreement to acquire Raft LLC for an all-cash transaction valued at $450 million. Raft, headquartered in McLean, Virginia, provides open-architecture mission software focused on multi-domain data fusion and AI for national security customers, and the deal is expected to close in the fourth quarter of 2026.

Buyers
Leonardo DRS
Targets
Raft LLC
Industry
Software
Location
Virginia, United States
Transaction Type
Buyout

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