Tag: DRS Technologies

Financial Times: Finmeccanica Halts DRS Sale PlanM&A Activity

Financial Times: Finmeccanica Halts DRS Sale Plan

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense
Navy Chooses DRS Secure Voice System for Aegis ShipsPress Releases

Navy Chooses DRS Secure Voice System for Aegis Ships

TYSONS CORNER, VA April 20, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on DRS Technologies receiving a $55 million
General Dynamics Selects DRS Surveillance System for Canadian LAV 6.0Press Releases

General Dynamics Selects DRS Surveillance System for Canadian LAV 6.0

TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on General Dynamics (NYSE: GD) picking DRS Technologies’
DRS to Develop,  Integrate Electronic Parts into US Navy Submarines; Roger Sexauer CommentsContract Awards

DRS to Develop, Integrate Electronic Parts into US Navy Submarines; Roger Sexauer Comments

DRS Technologies (NYSE: DRS) has been awarded a more than $384 million contract to develop and integrate electronic equipment into the
Engility Co-Chair Peter Marino Joins Vistronix Board; John Hassoun CommentsExecutive Moves

Engility Co-Chair Peter Marino Joins Vistronix Board; John Hassoun Comments

Peter Marino, co-chairman of the board of directors at Engility (NYSE: EGL), has been appointed to the board of directors at Vistronix Intelligence
DRS Lands Potential $440M in Navy Submarine Electronic,  Comm Tech IDIQsContract Awards

DRS Lands Potential $440M in Navy Submarine Electronic, Comm Tech IDIQs

DRS Technologies will build new electronic equipment and update voice communications systems on U.S. Navy vessels under two contracts worth up
Reuters: Finmeccanica Taps US Investment Bank to Help Offer DRS Pieces for SaleM&A Activity

Reuters: Finmeccanica Taps US Investment Bank to Help Offer DRS Pieces for Sale

U.S. investment bank Jefferies Group LLC will send out invitations next week in an effort to seek out potential offers
Report: Finmeccanica Plans Sale of $224M in DRS AssetsM&A Activity

Report: Finmeccanica Plans Sale of $224M in DRS Assets

Finmeccanica is looking to divest approximately $224 million worth of assets in DRS Technologies this year, Defense News reported Tuesday.
Navy Adds CGI,  DRS Units to Consolidated Shipboard Networks ContractContract Awards

Navy Adds CGI, DRS Units to Consolidated Shipboard Networks Contract

The U.S. Navy has awarded CGI (NYSE: GIB) and DRS Technologies business segments positions on an eight-year, $2.5 billion contract to provide production
Jim Scott Named DRS Aviation,  Comms & HS Group PresidentExecutive Moves

Jim Scott Named DRS Aviation, Comms & HS Group President

Jim Scott, a 10-year veteran of DRS Technologies, has been appointed to lead the company’s aviation, communications and homeland security