Author: Jane Edwards|| Date Published: November 20, 2020
Italy-based Leonardo said it intends to maintain control of U.S. defense subsidiary DRS even if the latter goes public, Reuters reported Thursday.
The defense group previously announced that it was considering several options for Leonardo DRS to create shareholder value, including the possibility of an initial public offering on the New York Stock Exchange.
“This vision and a possible IPO are not contradictory, as there are different ways to enhance the value of assets, while at the same time maintaining their control and benefiting from the advantages of having a significant footprint in the country,” Leonardo told the news wire service in a statement.
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
