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Tag Archives: Leonardo DRS

George Krivo Promoted to DynCorp CEO

George Krivo, chief operating officer of DynCorp International since October 2016, has been promoted to CEO at the McLean, Virginia-based government services contractor, effective immediately. DynCorp said Friday Krivo is a nine-year company veteran who previously oversaw profit-and-loss account for the firm’s contingency operations, operations and maintenance and intelligence and training functions. He …

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Leonardo DRS Completes $150M Daylight Solutions Buy

Leonardo DRS has wrapped up its acquisition of quantum cascade laser platforms manufacturer Daylight Solutions for approximately $150 million. The transaction received regulatory approvals and clearance from Daylight Solutions’ stockholders, Leonardo said Monday. Leonardo DRS agreed to purchase 100 percent equity stake in Daylight Solutions in March in a move …

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4 Firms Land Spots on $492M Navy Digital Network System Increment III Support IDIQ

The U.S. Navy has awarded four companies positions on a potential eight-year, $492.4 million contract to provide increment III production units and related supplies for the service branch’s Automated Digital Network System. Leidos (NYSE: LDOS), Leonardo DRS, Science Applications International Corp. (NYSE: SAIC) and Serco‘s U.S. subsidiary will work to support the tactical wide area …

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Alion Science Names 30-Year A&D Industry Vet Steve Schorer President, CEO

Steve Schorer, former president of DynCorp International, has joined Alion Science and Technology as president and CEO. Schorer will assume the posts Friday to succeed Bahman Atefi, who will transition to the role of vice chairman of the board of directors at the McLean, Virginia-based government services contractor, Alion Science said Wednesday. …

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State Dept OKs $440M Sale of Leonardo DRS-Built Naval Guns to Israel

The State Department has approved Israel’s request to buy 13 Leonardo DRS-built 76mm naval guns and technical services under a $440 million foreign military sales agreement with the U.S. government. Israel requested the sale of shipboard spares; spares to support repair work; special tools for maintenance; holding and transportation fixtures; test equipment; technical …

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Boeing, Leonardo DRS Subsidiary Land Navy Contracts for Destroyer Ethernet Installation Support

Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy’s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-82(V) GEDMS in support of Arleigh Burke-class …

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