News & Events

Company Press Release
May 13, 2008

Finmeccanica to Acquire DRS for US$5.2 billion

Finmeccanica, S.p.A., a world leader in the supply of electronics equipment and defense and security systems and services, and DRS Technologies, Inc., a leading supplier of integrated defense electronics products, services and support, today announced that they have signed a definitive merger agreement under which Finmeccanica will acquire 100% of DRS stock for US$81 per share in cash. More