Search Results for: Leonardo DRS

Leonardo to Launch New Unit as Part of Defense, Security Electronics Portfolio Reorg

Italy-based conglomerate Leonardo has moved to combine three divisions into a new electronics division as part of growth efforts in the defense and security technology market. Leonardo said Thursday the new business will consolidate the firm’s land and naval defence electronics, airborne and space systems and defense systems businesses. The …

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Report: Former Unicredit CEO Alessandro Profumo to Succeed Mauro Moretti as Leonardo CEO

Alessandro Profumo, former CEO of Italian bank Unicredit, has been tapped by the Italian government to succeed Mauro Moretti as CEO of Leonardo, Defense News reported Saturday. A spokesman for Italy’s finance ministry told Defense News that Profumo will work to support the state-controlled defense contractor’s business development efforts in the …

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Leonardo to Buy Daylight Solutions Through $150M Equity Deal; Mauro Moretti Comments

Leonardo has agreed to buy 100 percent equity stake in quantum cascade laser platforms maker Daylight Solutions for approximately $150 million through its U.S. subsidiary DRS in a push to grow dual-use integrated technology offerings for civil and military clients. Mauro Moretti, CEO and general manager of Leonardo, said in a statement …

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HDT Global Buys DRS Environmental Systems in Ground Support Portfolio Expansion Strategy

Solon, Ohio-based expeditionary shelter systems provider HDT Global has purchased the assets of DRS Environmental Systems for an undisclosed sum in a push to expand the former’s mobile aircraft ground platforms, environmental control units and mobile enclosure product offerings. The transaction will allow HDT Global to include two DESI facilities …

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Elizabeth Stober Appointed Cambridge Business Development Director

Elizabeth Stober, former senior director of business development at Leonardo DRS' global enterprise solutions business, has joined logistics and security services contractor Cambridge director of business development. She started her corporate career at DynCorp International as a program administrator and later held business development roles at Scientific Research Corp., QinetiQ North America and TASC.

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EM’s Weekly Roundup: Executive Moves for Perspecta, POC Hosting 2020 CIO Forum on Jan. 23rd, Major Contracts for Leidos, CACI, Lockheed Martin, Red Hat’s David Egts Talks Open-Source Approaches & Top 10 Weekly Stories

Leidos Books Potential $1B FAA Flight Service Modernization Contract; Jim Moos Quoted Leidos (NYSE: LDOS) has landed a potential 15-year, $1 billion contract to update the Federal Aviation Administration’s (FAA) digital flight briefing service with aeronautical and weather data as well as flight planning support features.  The Future Flight Services …

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Lauren Ingram, Angela James Join Perspecta as Health Client, Business Dev’t Execs

Perspecta (NYSE: PRSP) has named Angela James, formerly senior account executive for the Department of Defense at Microsoft (Nasdaq: MSFT), as a business development executive. Lauren Ingram, who previously worked at Leidos (NYSE: LDOS) in Veterans Affairs business development role, has taken the position of health client executive at Perspecta.

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