Hello, Guest!

Tag: DRS Technologies

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
Logen Thiran Joins ARA as President,  CEO; Pradeep Wahi CommentsExecutive Moves

Logen Thiran Joins ARA as President, CEO; Pradeep Wahi Comments

Logen Thiran, formerly a business unit president at DRS Technologies, has joined ARA as president and CEO to succeed Pradeep Wahi, who continues to serve as chairman
William Lynn: Navy to Buy DRS C2 Hardware for Carriers,  Amphibious ShipsContract Awards

William Lynn: Navy to Buy DRS C2 Hardware for Carriers, Amphibious Ships

DRS Technologies has received a $31.8 million contract from the U.S. Navy to provide command-and-control hardware for Ship Self-Defense System Mark 2 systems installed on amphibious
DRS Wins $175M for Air Force Halvorsen Aircraft Logistics Work; Joseph Matteoni CommentsContract Awards

DRS Wins $175M for Air Force Halvorsen Aircraft Logistics Work; Joseph Matteoni Comments

DRS Technologies has won a 10-year, $175 million contract to perform depot-level overhaul, parts management and program engineering services for the U.S.
Byron Callan: 5 Defense Firms Collectively Spent $4B on R&D Projects in 2013Financial Report

Byron Callan: 5 Defense Firms Collectively Spent $4B on R&D Projects in 2013

Data compiled by Capital Alpha Partners analyst Byron Callan shows that five U.S. defense firms collectively spent $800 million more
BAE Systems,  DRS Technologies Win Army Contracts for Night-Vision TechnologyContract Awards

BAE Systems, DRS Technologies Win Army Contracts for Night-Vision Technology

BAE Systems and DRS Technologies have been selected by the U.S. Army to develop new night-vision weapon sight technology and head-worn goggles, Military &
Sally Wallace Named DRS C4ISR Group President; William Lynn CommentsExecutive Moves

Sally Wallace Named DRS C4ISR Group President; William Lynn Comments

Sally Wallace, formerly vice president of operations for the maritime and combat systems business of DRS Technologies, has been named
DRS to Build Naval Destroyer Power Supply Tech; Roger Sexauer CommentsContract Awards

DRS to Build Naval Destroyer Power Supply Tech; Roger Sexauer Comments

A DRS Technologies business unit will design and develop energy storage models to supply power for the U.S. Navy‘s DDG 51-class destroyers