DRS Technologies, Inc. (DRS) is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica in October 2008.
Diagnostic/Retrieval Systems, Inc (DRS) was founded in 1968 by Leonard Newman (whose son, Mark Newman, was the CEO until Jan-2012) and David Gross, two engineers working for Loral Corporation. The two were working on signal processing techniques for anti-submarine warfare. When L...
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Industry:
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing ,
- Arms industry
Date founded:
- 1968
Place founded:
Also known as:
- DIAGNOSTIC RETRIEVAL SYSTEMS INC,
- DRS TECHNOLOGIES INC
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