Author: Jane Edwards|| Date Published: November 20, 2020
Italy-based Leonardo said it intends to maintain control of U.S. defense subsidiary DRS even if the latter goes public, Reuters reported Thursday.
The defense group previously announced that it was considering several options for Leonardo DRS to create shareholder value, including the possibility of an initial public offering on the New York Stock Exchange.
“This vision and a possible IPO are not contradictory, as there are different ways to enhance the value of assets, while at the same time maintaining their control and benefiting from the advantages of having a significant footprint in the country,” Leonardo told the news wire service in a statement.
AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…
GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…
BigBear.ai has named Jo Ann Bjornson as chief human resources officer and Alex Thompson as chief corporate affairs officer. The new leadership appointments…
