Reuters UK (Free subscription) | 26/06/2008
PARIS, June 26 (Reuters) - French defence electronics group Thales said on Thursday there were no plans for it to make a higher counteroffer on U.S. defence company DRS Technologies Inc .
Reuters UK (Free subscription) | 25/06/2008
PARIS, June 25 (Reuters) - French defence electronics group Thales is considering a counterbid for U.S. defence firm DRS Technologies Inc , which is being acquired by Italy's Finmeccanica , business daily Les Echos said.
Reuters UK (Free subscription) | 16/06/2008
WASHINGTON (Reuters) - DRS Technologies Inc received a higher offer from an unnamed foreign bidder and an expression of interest by a U.S. defense company before finalizing a deal to be bought by Italy's Finmeccanica , DRS said in a document filed with U.S. authorities.
Space News From SpaceDaily.Com (Free subscription) | 11/06/2008
Bethesda MD (SPX) Jun 11, 2008 - Intelsat General, a wholly owned subsidiary of Intelsat, has been awarded a contract by DRS Technologies to provide X-band satellite connectivity, fiber and teleport services in the Middle East using Intelsat infrastructure and the Skynet satellite fleet owned and operated by Paradigm Secure Communications.
EE Times (Free subscription) | 09/06/2008
Italian conglomerate Finmeccanica SpA is considering selling its stake in European chipmaker STMicroelectronics NV to help fund a $4 billion purchase of U.S. defense firm DRS Technologies Inc. (Parsippany, New Jersey), according to a Reuters report.
Business Wire (Free subscription) | 02/06/2008
PARSIPPANY, N.J.--(BUSINESS WIRE)--DRS Technologies, Inc. (NYSE:DRS) announced today that it received a $16.2 million order to provide Multi-Temperature Refrigeration Container System
Military and Aerospace Electronics (Free subscription) | 31/05/2008
ROME and PARSIPPANY, N.J., 30 May 2008. Finmeccanica, S.p.A. and DRS Technologies, Inc., announced earlier this month that they have signed a definitive merger agreement under which Finmeccanica will acquire 100 percent of DRS stock for U.S. $81 per share in cash.
www.OSIR.org.in (Free subscription) | 30/05/2008
Heico Corp. posted second quarter earnings up 27 percent, and raised its 2008 earnings outlook slightly. The Hollywood-based aviation, space and electronics firm said it earned $11.9 million, or 44 cents a diluted share, on revenue of $144 million Source: news.moneycentral.msn.com DRS Technologies 4Q profit more than doubles - ForbesDRS Technologies Inc., which is [...]
EuroInvestor.co.uk (Free subscription) | 30/05/2008
DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the fiscal 2008 fourth quarter and year, which ended March 31, 2008. Results for both periods included hi.. - Read more
Red Orbit (Free subscription) | 27/05/2008
DRS Technologies Inc., of Parsippany, N.J., and Smiths Detection, of Edgewood, announced they have signed an agreement to jointly develop and produce the model 4A Chemical/Biological Protective Shelter, a contamination free, environmentally controlled working area that enables medical combat and combat service support personnel to work freely without continuously wearing chemical- biological protective...
SignalBlog (Free subscription) | 22/05/2008
French defence electronics and security group Thales said it aims to double revenue in 10 years, but is in no hurry to carry out acquisitions, Reuters reported. Thales did not get a chance to bid for U.S. defence firm DRS Technologies but is watching to see whether an Italian offer opens the door to Europeans seeking [ Read more... ]
Business Wire (Free subscription) | 22/05/2008
PARSIPPANY, N.J.--(BUSINESS WIRE)--DRS Technologies, Inc. (NYSE: DRS) and Smiths Detection (LSE: SMIN) recently formalized a teaming agreement for the joint development and production of the
Market Watch (Free subscription) | 21/05/2008
LONDON (MarketWatch) -- Finmeccanica is going to sell its 40% stake in Ansaldo STS , a railway signaling firm, to fund its takeover of DRS Technologies , according to a report in Finanza e Mercati. The stake is worth nearly 1 billion euros ($1.5 billion). Bombardier is the main contender to buy the stake. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit...
ireland.com (Free subscription) | 20/05/2008
European aerospace group EADS has drawn up a list of acquisition targets in the United States but does not plan a rival bid for US defence firm DRS Technologies, EADS chief executive Louis Gallois said.
Reuters UK (Free subscription) | 20/05/2008
PARIS, May 20 (Reuters) - European aerospace group EADS has drawn up a list of acquisition targets in the United States but does not plan a rival bid for U.S. defence firm DRS Technologies , EADS Chief Executive Louis Gallois said.
