: Finmeccanica Purchase Of DRS Technologies Looks Smart (Lexington Institute) — An analysis of how the deal allowed DRS to market U.S. products overseas through Finmeccanica’s global network.
: The deal was designed to give the Rome-based conglomerate a "key local presence" in the United States, the world's largest defense market, and consolidate its position in integrated defense electronics. finmeccanica buys drs
: Finmeccanica paid approximately $5.2 billion ($81 per share) in cash, which included the assumption of $1.2 billion in net debt. : Finmeccanica Purchase Of DRS Technologies Looks Smart
: To satisfy U.S. national security concerns, DRS operates as a wholly-owned subsidiary under a Special Security Agreement (SSA) with the U.S. Department of Defense. This allows it to function as a U.S. entity with a separate board to mitigate foreign ownership control and influence (FOCI). Recommended Articles and Resources : Finmeccanica paid approximately $5
: Finmeccanica acquires US-based group DRS Technologies (Mediobanca) — Details the bank debt financing and the initial acquisition terms.
: Finmeccanica to buy DRS for $5.2 billion (Reuters) — Offers contemporary context on the competitive landscape and analyst warnings regarding the U.S. defense budget peak. Finmeccanica acquires US-based group DRS Technologies
