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DRS Technologies Inc
A Leonardo company

DRS Technologies Inc (DRS) is a US-based manufacturer of rugged equipment for the Department of Defence (DoD). The company started life in 1968 as Diagnostic/Retrieval Systems Inc when it was founded by Leonard Newman and David Gross, two engineers working for Loral Corporation [1]. The company went public in 1981 and has since expanded its turnover through a series of aquisitions and mergers, from a mere $58 million in 1994 to more than $1 billion in 2004.


In 2008, DRS itself was acquired by Finmeccania (now: Leonardo) in Italy. Until 2012, Marc Newman (the son of founder Leonard Newman) was CEO of the company, which continues to operate under its orginal name to this day, with the subtitle A Finmeccanica Company from 2008 onwards. After a global restructuring of the parent company in 2016, the name of the latter was changed to Leonardo and the subtitle was changed accordingly to a LEONARDO company. Since April 2017, DRS has been trading under the name Leonardo DRS.

 More about Leonardo


DRS equipment on this website
DRS Rugged System / DRS Technologies / LXI laptop DRS Technologies TCQ TEMPEST PC
Names
  • Diagnostic/Retrieval Systems Inc
  • DRS Technologies Inc
  • DRS Technologies, A Finmeccanica Company
  • DRS Technologies, a LEONARDO company
  • LEONARDO DRS
References
  1. Wikipedia, DRS Technologies
    Retrieved April 2012.
Further information
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Crypto Museum. Created: Thursday 12 April 2012. Last changed: Saturday, 06 January 2018 - 12:55 CET.
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