Finmeccanica bids $81 per share for DRS

Italy’s Finmeccanica has gotten a potential leg up on European aerospace rival EADS by agreeing to a major U.S. defense acquisition, confirming a rumored deal to acquire DRS for $5.2 billion, including $1.2 billion in debt. New Jersey-headquartered DRS would operate as a wholly owned subsidiary of...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.