Leonardo DRS to acquire software company Raft
The $450 million all-cash offer seeks to improve DRS's ability to offer a wider range of technologies to customers.
The $450 million all-cash offer seeks to improve DRS's ability to offer a wider range of technologies to customers.
John Baylouny sat down with Breaking Defense to lay out his plans for both organic and inorganic growth.
Check out a selection of photos from the show floor.
Lynn, who is leaving Leonardo DRS after 14 years, said "I feel like the stability of the company is strong, and that's a good time for a transition."
"The DoW [Department of War] wants to go fast,” said L3Harris CEO Chris Kubasik. “Then Congress can't fund the DoW. So we're kind of stuck between those two situations.”
The transition, as well as the election of Fran Townsend as the chair of the board, will happen on Jan. 1, according to a statement.
After a long pause, the US Army is back on track in its search for new long-range artillery.
Watch experts discuss foreign influence risks, evolving DoD policy, and strategies for balancing security with scientific collaboration.
On episode 24 of The Weekly Break Out, editors Aaron Mehta and Lee Ferran talk Golden Dome and plenty of silver.
Executives from both Lockheed and Raytheon indicated interest in building a space-based interceptor, and hinted at their broad approaches to Golden Dome.
The CEOs of Honeywell Aerospace and Leonardo DRS separately told Breaking Defense they are expecting to spend on M&A activity in the near-term.
Hanwha has been making global inroads in recent years, and has been eyeing expansion inside the United States as a priority.