International Business News - DRS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A former owner of the St. Louis Blues hockey team faces sentencing later this year after pleading guilty to a federal charge for backdating stock options. http://www.ibtimes.com/articles/20080722/former-hockey-team-owner-pleads-guilty-on-options.htm Tue, 22 Jul 2008 16:03:57 EDT DRS Technologies Inc., which makes electronics, communications systems and other technology for the military, said Tuesday it received an additional $56 million contract from the Army for a key part on an armed reconnaissance helicopter. http://www.ibtimes.com/articles/20080715/drs-gets-56m-contract-for-work-on-army-helicopter.htm Tue, 15 Jul 2008 10:46:29 EDT Italian aerospace and defense company Finmeccanica SpA said Thursday it plans a capital increase of up to $2.2 billion as part of its acquisition of U.S. military contractor DRS Technologies Inc. http://www.ibtimes.com/articles/20080626/defense-firm-finmeccanica-plans-capital-increase.htm Thu, 26 Jun 2008 16:24:54 EDT DRS Technologies Inc., which makes electronics, communications systems and other technology for the military, spent $800,000 in the first quarter to lobby the federal government. http://www.ibtimes.com/articles/20080611/drs-technologies-spent-800-000-to-lobby-in-1q.htm Wed, 11 Jun 2008 12:27:44 EDT DRS Technologies Inc., which is being acquired by Italian aerospace and defense company Finmeccanica, said Thursday its fourth-quarter profit more than doubled as each of the military contractor's operating segments booked earnings growth. http://www.ibtimes.com/articles/20080530/drs-technologies-4q-profit-more-than-doubles.htm Fri, 30 May 2008 08:49:05 EDT Italian aerospace and defense company Finmeccanica will buy U.S. military contractor DRS Technologies Inc. for $4 billion, the companies announced Tuesday, in deal that will give it a prominent position in the U.S. defense market. http://www.ibtimes.com/articles/20080513/finmeccanica-buys-drs-for-4b-in-defense-deal.htm Tue, 13 May 2008 06:54:35 EDT Italian aerospace and defense company Finmeccanica SpA has bought U.S. military contractor DRS Technologies Inc. for US$5.2 billion (euro3.36 billion), the companies said Tuesday. http://www.ibtimes.com/articles/20080513/finmeccanica-buys-drs-technologies-for-5-2-billion.htm Tue, 13 May 2008 04:42:04 EDT Italian aerospace and defense company Finmeccanica SpA has bought U.S. military contractor DRS Technologies Inc. for US$5.2 billion (euro3.36 billion), the companies said Tuesday. http://www.ibtimes.com/articles/20080513/finmeccanica-buys-drs-technologies.htm Tue, 13 May 2008 04:34:37 EDT An analyst downgraded military contractor DRS Technologies Inc. on Friday after shares spiked, based in part on news it may be bought out. Friedman, Billings, Ramsey & Co. analyst Patrick McCarthy cut his rating to "Market Perform" from "Outperform." http://www.ibtimes.com/articles/20080509/ahead-of-the-bell-drs-downgraded-after-buyout-talk.htm Fri, 09 May 2008 08:22:50 EDT DRS Technologies Inc. on Monday said it received an initial order of $36.4 million on a five-year contract worth at least $101 million to produce subassemblies for the military's long range advanced scout surveillance system program. http://www.ibtimes.com/articles/20080428/drs-gets-initial-order-under-101-million-military-contract.htm Mon, 28 Apr 2008 13:36:06 EDT The executive vice president and general counsel of military contractor DRS Technologies Inc. exercised options for 2,600 shares of common stock, according to a filing with the Securities and Exchang... http://www.ibtimes.com/articles/20080418/drs-technologies-evp-general-counsel-exercises-options.htm Fri, 18 Apr 2008 16:52:06 EDT The executive vice president and general counsel of military contractor DRS Technologies Inc. exercised options for 8,400 shares of common stock under a prearranged trading plan, according to a Secur... http://www.ibtimes.com/articles/20080411/drs-technologies-evp-exercises-options.htm Fri, 11 Apr 2008 13:47:12 EDT DRS Technologies Inc. spent $2.8 million to lobby the government in 2007, mainly for defense spending. According to a disclosure form posted online Tuesday by the Senate's public records office, the defense company spent $1.3 million in the first half of 2007 and $1.5 million in the second half. http://www.ibtimes.com/articles/20080220/drs-spent-2-8m-on-lobbying-in-07.htm Wed, 20 Feb 2008 17:26:04 EST Military contractor DRS Technologies Inc. on Friday raised its fiscal 2008 outlook, citing a wide range of new defense contracts and a strong order backlog. http://www.ibtimes.com/articles/20080208/drs-technologies-raises-2008-prediction.htm Fri, 08 Feb 2008 08:17:57 EST Military contractor DRS Technologies Inc. said Friday its fiscal 2008 third-quarter earnings rose 21 percent on core business growth from new orders. The company earned $42.6 million, or $1.03 per share, compared with $35.1 million, or 86 cents per share, in the year-ago quarter. http://www.ibtimes.com/articles/20080208/drs-technologies-3q-profit-rises.htm Fri, 08 Feb 2008 08:02:59 EST Military contractor DRS Technologies Inc. on Wednesday said it received an $18 million contract from a unit of Raytheon Co. to produce infrared detectors for the Javelin anti-tank weapon system. http://www.ibtimes.com/articles/20080102/drs-technologies-wins-18m-contract.htm Wed, 02 Jan 2008 11:20:56 EST