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Tag: DRS

Adverse Market Conditions Prompt Leonardo DRS to Defer IPOFinancial Reports

Adverse Market Conditions Prompt Leonardo DRS to Defer IPO

Italy-based aerospace and defense conglomerate Leonardo has announced the postponement of the initial public offering of its U.S. subsidiary due
Leonardo DRS Sets IPO Price RangeFinancial Reports

Leonardo DRS Sets IPO Price Range

Italy-based aerospace and defense conglomerate Leonardo intends to offer 31.9 million shares of its U.S. subsidiary’s common stock at $20
Leonardo DRS Files to Go PublicFinancial Reports

Leonardo DRS Files to Go Public

The U.S. subsidiary of Italy-based aerospace and defense conglomerate Leonardo has filed with the Securities and Exchange Commission a registration
Navy Awards 17 Spots on $74M Undersea Warfare Tech Prototyping IDIQContract Awards

Navy Awards 17 Spots on $74M Undersea Warfare Tech Prototyping IDIQ

Seventeen companies have won spots on a potential three-year, $73.7M contract from the U.S. Navy to design and build technology platforms…
Leonardo DRS to Help US Military Connect C5ISR Systems, Combat Vehicles Under $808M IDIQContract Awards

Leonardo DRS to Help US Military Connect C5ISR Systems, Combat Vehicles Under $808M IDIQ

Leonardo DRS has won a potential $808M contract from the Defense Logistics Agency Land to supply U.S. military branches with…
Leonardo to Launch New Unit as Part of Defense, Security Electronics Portfolio ReorgM&A Activity

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
Terry DeRosa Promoted to IAP CEO; Robert Hargis Named COOExecutive Moves

Terry DeRosa Promoted to IAP CEO; Robert Hargis Named COO

Terry DeRosa, formerly chief financial officer of IAP Worldwide Services, has been promoted to CEO at the Cape Canaveral, Florida-based government
State Dept Clears US’ $1B P-8A Aircraft, Associated Support Deal With New ZealandContract Awards

State Dept Clears US’ $1B P-8A Aircraft, Associated Support Deal With New Zealand

The State Department has approved New Zealand’s request to purchase four P-8A patrol aircraft and associated support under a potential $1.5 billion
Report: Former Unicredit CEO Alessandro Profumo to Succeed Mauro Moretti as Leonardo CEOExecutive Moves

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
Leonardo to Buy Daylight Solutions Through $150M Equity Deal; Mauro Moretti CommentsM&A Activity

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