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0 · SEC Filing
1 · Leonardo DRS
2 · Finmeccanica Update on the acquisition of DRS Technologies
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Leonardo DRS, formerly DRS Technologies, Inc., is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo S.p.A.) in October 2008. See moreDiagnostic/Retrieval Systems, Inc (DRS) was founded in 1968 by Leonard Newman (whose son, Mark Newman, was the CEO until January 2012) and David Gross, two engineers working for See more• Top 100 US Federal Contractors• War economy See more• DRS Technologies, Inc. Corporate Site• Washington Technology's Top 100 Federal Prime Contractors• Best for Vets 2012: Employers See more
Advanced Trainer• Leonardo DRS T-100 Integrated Training System• M1000 Trailer, part of the Heavy Equipment Transport SystemDrone• See more• DRS acquisition enhances Finmeccanica’s presence in its core three pillars in terms of .
In 2008, our stock ceased to be publicly traded when we were acquired by the Italian . Italy's Finmeccanica SpA SIFI.MI wrapped up a deal to buy U.S. military contractor DRS Technologies Inc for .94 billion, the biggest deal so far in efforts by European companies to grab a slice .
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For more than 50 years, Leonardo DRS has built a legacy of technology leadership by providing advanced defense products, systems and solutions for the U.S. Department of Defense and allied customers. As a diverse and agile defense technology company, we are uniquely positioned to deliver solutions as a prime contractor, a systems, sub-system .
Italy's Finmeccanica may decide to sell DRS Technologies once it has found a partner for the struggling U.S. unit, the chief executive of the aerospace and defence group told an Italian newspaper .Finmeccanica, S.p.A., a supplier of electronics equipment and defense and security systems and services, and DRS Technologies, Inc., a supplier of integrated defense electronics products, services and support, announced that they have signed a definitive merger agreement under which Finmeccanica will acquire 100% of DRS stock for US per share in cash. Italian aerospace and defense company Finmeccanica will buy U.S. military contractor DRS Technologies Inc. for billion, giving it a prominent position in the American defense market.
The sell-off of units operated by DRS, which saw billion in revenue last year, would form part of a move away from “non-core” DRS activities as well as help cut debt at Finmeccanica, Chief .
DRS is a well-positioned domestic supplier of defense electronic systems and other military items that was acquired by Italian technology giant Finmeccanica in October 2008. Under the leadership of charismatic CEO Mark Newman, DRS is pushing to exploit the synergies of being linked to one of Europe’s premier technology enterprises.DRS Technologies, Inc. (DRS) is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo-Finmeccanica) in October 2008. Wikipedia New Jersey-based DRS announced earlier this month that it had entered into a definitive merger agreement with Finmeccanica. The companies expect the .2 billion transaction will close by the .
ROME (AP) -- Italian aerospace and defense company Finmeccanica SpA has bought U.S. military contractor DRS Technologies Inc. for US.2 billion (euro3.36 billion), the companies said Tuesday. The purchase allows Finmeccanica . Finmeccanica – Selex ES has received an order from prime contractor Finmeccanica – AgustaWestland to provide a suite of electronic warfare equipment for eight Lynx Mk21A aircraft used by the Brazilian Navy. The latest Leonardo - Finmeccanica stock prices, stock quotes, news, and FINMY history to help you invest and trade smarter. Menu icon A vertical stack of three evenly spaced horizontal lines.
Finmeccanica to Buy DRS Technologies for Billion. By . Daniel Michaels. and . August Cole. May 13, 2008 12:01 am ET. Share. Resize. Italian aerospace and defense conglomerate Finmeccanica SpA .
A recent story in the Financial Times recognized Pier Francesco Guarguaglini, at the helm of Finmeccanica since 2002, as responsible for the group's rise. This is a man that has not made a false move as evidenced in the case of his latest venture: the acquisition of American company Drs Technologies. ''Guarguaglini?Leonardo DRS, formerly DRS Technologies, Inc., is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo S.p.A.) in October 2008.
• DRS acquisition enhances Finmeccanica’s presence in its core three pillars in terms of revenues and assets • Defence Electronics, post acquisition, increases its weight to 35% of the Group’s totalIn 2008, our stock ceased to be publicly traded when we were acquired by the Italian-headquartered Finmeccanica S.p.A. (now known as Leonardo S.p.A.) and we subsequently rebranded ourselves as Leonardo DRS.
Finmeccanica, Italy’s largest defence contractor, has finalised a deal to buy DRS Technologies, a leading supplier to the US military, for .28bn. The deal will allow Finmeccanica to consolidate its position as a leading player worldwide in provision of integrated systems for defence and security, by gaining an important footprint in the US market, and will enable DRS to exploit new and significant business opportunities in the U.S. and elsewhere.
SEC Filing
WASHINGTON, May 28 (Reuters) - The proposed takeover of U.S. defense company DRS Technologies Inc. by Italy's Finmeccanica is unlikely to face major problems when it is reviewed by U.S.. Finmeccanica, the Italian defence and aerospace group, is poised to secure a major foothold in the US market with the acquisition of a key supplier to the American military. ROME (Reuters) - Italy's Finmeccanica SpA reached a .2 billion deal to buy DRS Technologies Inc. securing itself a bigger presence in the growing U.S. defense market which accounts for half the. ROME (AP) -- Finmeccanica SpA, Italy's aerospace and defense giant, said Wednesday it had completed its acquisition of U.S. military contractor DRS Technologies Inc. in a US.2 billion deal.
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Leonardo DRS
Finmeccanica Update on the acquisition of DRS Technologies
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