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Tag: Leonardo DRS

SES Closes $450M Buy of DRS Global Enterprise SolutionsM&A Activity

SES Closes $450M Buy of DRS Global Enterprise Solutions

SES has completed its $450 million acquisition of DRS Global Enterprise Solutions, formerly owned by defense contractor Leonardo DRS. SES
Thales Defense Arm Gains Full Ownership of Advanced Acoustic Concepts JV With Leonardo DRSM&A Activity

Thales Defense Arm Gains Full Ownership of Advanced Acoustic Concepts JV With Leonardo DRS

A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the
Leonardo DRS, RADA to Merge in All-Stock Deal; William Lynn QuotedM&A Activity

Leonardo DRS, RADA to Merge in All-Stock Deal; William Lynn Quoted

Leonardo DRS and Israel-based RADA Electronic Industries (Nasdaq: RADA) have agreed to merge in an all-stock transaction to form a
Leonardo DRS, Teledyne FLIR Win $1.1B in Army Weapon Sight Tech ContractsContract Awards

Leonardo DRS, Teledyne FLIR Win $1.1B in Army Weapon Sight Tech Contracts

Leonardo DRS and Teledyne FLIR have won separate contracts worth $1.08 billion combined to manufacture thermal imaging systems designed for
Leonardo DRS Signs Joint Venture Ownership Transfer Deal With Thales Defense SegmentM&A Activity

Leonardo DRS Signs Joint Venture Ownership Transfer Deal With Thales Defense Segment

Leonardo DRS has agreed to divest the 50 percent stake it holds in Advanced Acoustic Concepts, the defense contractor’s joint
Leonardo DRS Secures $73M Navy Contract for Shipboard Energy Magazine ProductionContract Awards

Leonardo DRS Secures $73M Navy Contract for Shipboard Energy Magazine Production

A Leonardo DRS business arm has won a potential five-year, $72.8 million contract from the U.S. Navy for the first
Leonardo DRS Books $191M Navy Contract for Ship Self Defense System TI-16 Hardware, ServicesContract Awards

Leonardo DRS Books $191M Navy Contract for Ship Self Defense System TI-16 Hardware, Services

A Leonardo DRS subsidiary has won a potential five-year, $191.3 million contract from the U.S. Navy for the procurement of
Jamie McMullin Promoted to Fairbanks Morse Services PresidentExecutive Moves

Jamie McMullin Promoted to Fairbanks Morse Services President

Jamie McMullin, formerly vice president of business development and strategy at Fairbanks Morse Defense, has transitioned to a new role
SES to Buy Leonardo DRS’ Global Satcom Business for $450M; Pete Hoene QuotedM&A Activity

SES to Buy Leonardo DRS’ Global Satcom Business for $450M; Pete Hoene Quoted

Global satellite operator SES has signed a $450 million deal to acquire a Leonardo DRS business unit that offers satellite
State Department Approves $6B Sale of Modernized Main Battle Tanks, Equipment to PolandContract Awards

State Department Approves $6B Sale of Modernized Main Battle Tanks, Equipment to Poland

The State Department has approved Poland’s request to buy 250 M1A2 SEPv3 main battle tanks, manufactured by General Dynamics (NYSE: