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DRS Technologies Inc.



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DRS Technologies to deliver electro-optical subassemblies for Long-Range Advanced Scout Surveillance System

PARSIPPANY, N.J., 17 Oct. 2008. DRS Technologies Inc. received a follow-on order of $32.7 million for electro-optical subassemblies for the Long Range Advanced Scout Surveillance System (LRAS3) program. This is the second order under a five-year contract with a projected minimum value of $100.8 million over its term, awarded by the Raytheon Company in McKinney, Texas, the prime contractor...

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Boeing, Textron file protest against Humvee replacement contract award

WASHINGTON -- The Boeing Co. and Textron Inc. are the latest partners to challenge the government's selection of three other teams to build a lightweight tactical vehicle to replace the once-mighty Humvee, company and Marines Corps officials said Tuesday.

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Finmeccanica completes $5.2B DRS buy

Italian aerospace firm Finmeccanica S.p.A. said Wednesday that it completed its $5.2 billion acquisition of New Jersey's DRS Technologies Inc.

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DRS lands $91M Army contracts

DRS Technologies Inc. received multiple contract awards worth $91 million from the U.S. Army to build more than 5,000 generators.

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Finmeccanica completes $5.2B DRS buy

Italian aerospace firm Finmeccanica S.p.A. said Wednesday that it completed its $5.2 billion acquisition of New Jersey-based DRS Technologies Inc.

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Finmeccanica expects to close DRS deal in 10 days

ROME, Oct 20 (Reuters) - Italy's Finmeccanica expects to close its $4 billion acquisition of DRS Technologies Inc within 10 days, Chief Financial Officer Alessandro Pansa said on Monday.

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DRS gets $32M surveillance system contract

DRS Technologies Inc. said Thursday it received a follow-on order of $32.7 million for assemblies for a surveillance system from Raytheon Co. in McKinney, Texas.

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Mubadala signs up for aircraft components deal

... every 25 shares held.Finmeccanica needs the money to pay for its acquisition of U.S. defence firm DRS Technologies Inc. (Reuters)

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UPDATE 1-Finmeccanica wins US approval of DRS deal

WASHINGTON, Oct 15 (Reuters) - Italy's Finmeccanica SpA has received final U.S. government approval for its $4 billion acquisition of DRS Technologies Inc , a maker of military engineering and electronics products, the companies said on Wednesday.

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Regulator clears DRS takeover

A federal foreign investment regulator approved Finmeccanica’s $5.2 billion takeover of DRS Technologies Inc., DRS said Wednesday.

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Finmeccanica Clears Hurdle to Buy DRS

Finmeccanica's $4 billion acquisition of DRS Technologies has cleared a key U.S. national security review.

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Finmeccanica Gets Approval to Buy DRS

Finmeccanica SpA's $4 billion acquisition of DRS Technologies Inc. has cleared a key U.S. national security review, paving the way for the Italian conglomerate's push into the world's biggest defense market.