Leonardo DRS is trading 4.2% down at $47.12 after announcing a $450 million acquisition of Raft LLC, an AI mission software firm.
- The deal is intended to strengthen the company's open-architecture and multi-domain data fusion capabilities.
- Pre-market trading reflects investor caution regarding the significant deal value and potential integration risks.
- The decline comes as broader index futures show mixed results ahead of the Federal Reserve’s policy statement later today.