{"id":761663,"date":"2023-06-05T16:04:01","date_gmt":"2023-06-05T20:04:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/"},"modified":"2023-06-05T16:04:01","modified_gmt":"2023-06-05T20:04:01","slug":"leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/","title":{"rendered":"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Leonardo DRS Set to Join the Russell 2000<\/b><sup><b>\u00ae<\/b><\/sup><b> and Russell 3000<sup>\u00ae <\/sup>Indexes<\/b><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLeonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, announced today that it has been added to the Russell 2000<b><sup>\u00ae <\/sup><\/b>and broad-market Russell 3000<b><sup>\u00ae <\/sup><\/b>Indexes as part of the 2023 Russell index annual reconstitution, which will be effective after the US market opens on June 26, 2023.<\/p>\n<p>\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n<p>\nFor more information on the Russell 2000\u00ae Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ftserussell.com%2Fresources%2Frussell-reconstitution&amp;esheet=53412601&amp;newsitemid=20230605005058&amp;lan=en-US&amp;anchor=FTSE+Russell+website.&amp;index=1&amp;md5=246f67c0f98d77d76056b9c1a72250f0\">FTSE Russell website.<\/a><\/p>\n<p><b>About Leonardo DRS<\/b><\/p>\n<p>\nHeadquartered in Arlington, VA, Leonardo DRS, Inc. is an innovative and agile provider of advanced defense technology to U.S. national security customers and allies around the world. We specialize in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other leading mission-critical technologies. Our innovative people are leading the way in developing disruptive technologies for autonomous, dynamic, interconnected, and multi-domain capabilities to defend against new and emerging threats. For more information and to learn more about our full range of capabilities, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.LeonardoDRS.com&amp;esheet=53412601&amp;newsitemid=20230605005058&amp;lan=en-US&amp;anchor=www.LeonardoDRS.com&amp;index=2&amp;md5=a2bb6df1e9936a01155eace9b2ab899c\">www.LeonardoDRS.com<\/a>.<\/p>\n<p><b>About FTSE Russell:<\/b><\/p>\n<p>\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.<\/p>\n<p>\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indices. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indices to benchmark their investment performance and create ETFs, structured products and index-based derivatives.<\/p>\n<p>\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.<\/p>\n<p>\nFTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n<p>\nFor more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ftserussell.com%2F&amp;esheet=53412601&amp;newsitemid=20230605005058&amp;lan=en-US&amp;anchor=www.ftserussell.com&amp;index=3&amp;md5=577a7457b6f5a273c3cb3bcc92e80db6\">www.ftserussell.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis communication contains statements that constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230605005058r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230605005058\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230605005058\/en\/<\/a><\/span><\/p>\n<p><b>Leonardo DRS Investor Relations Contact<br \/>\n<\/b><br \/>Steve Vather<br \/>\n<br \/>Vice President, Investor Relations and Corporate Finance<br \/>\n<br \/>+1 703 409 2906<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:stephen.vather@drs.com\">stephen.vather@drs.com<\/a><\/p>\n<p><b>Leonardo DRS Media Contact<br \/>\n<\/b><br \/>Michael Mount<br \/>\n<br \/>Vice President, Communications and Public Affairs<br \/>\n<br \/>+1 571 447 4624<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mmount@drs.com\">mmount@drs.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Public Policy\/Government Defense Other Defense Finance Professional Services Technology Homeland Security Security<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230605005058\/en\/1809431\/3\/DRS_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, announced today that it has been added to the Russell 2000\u00ae and broad-market Russell 3000\u00ae Indexes as part of the 2023 Russell index annual reconstitution, which will be effective after the US market opens on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell 2000\u00ae Index and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761663","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Leonardo DRS, Inc. (Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, announced today that it has been added to the Russell 2000\u00ae and broad-market Russell 3000\u00ae Indexes as part of the 2023 Russell index annual reconstitution, which will be effective after the US market opens on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. 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(Nasdaq and TASE: DRS), a leading provider of advanced defense technologies, announced today that it has been added to the Russell 2000\u00ae and broad-market Russell 3000\u00ae Indexes as part of the 2023 Russell index annual reconstitution, which will be effective after the US market opens on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell 2000\u00ae Index and &hellip; Continue reading \"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-05T20:04:01+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230605005058r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes","datePublished":"2023-06-05T20:04:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/"},"wordCount":578,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230605005058r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/leonardo-drs-set-to-join-the-russell-2000-and-russell-3000-indexes\/","name":"Leonardo DRS Set to Join the Russell 2000\u00ae and Russell 3000\u00ae Indexes - 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