Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Leonardo    LDO   IT0003856405

LEONARDO (LDO)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Finmeccanica SpA : DRS Technologies appoints William J. Lynn Chairman and Chief Executive Officer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/26/2012 | 03:38pm CEST
DRS Technologies appoints William J. Lynn Chairman and Chief Executive Officer

Finmeccanica is pleased to announce that the Board of Directors of its US subsidiary DRS Technologies, Inc. has appointed William J. Lynn III as its Chairman and Chief Executive Officer. The appointment is effective immediately. Lynn replaces current Chairman and Chief Executive Officer Mark S. Newman who is retiring. 

This new appointment is a key element of the Finmeccanica Group's strategy aimed at strengthening its US defense and security business through a more effective and competitive organization and management structure - one that can address the changing requirements of the US customer. 

"I am very pleased to welcome Bill to the Finmeccanica team," said Giuseppe Orsi, Chairman and Chief Executive Officer of Finmeccanica. "He is uniquely qualified for this role, having worked in boththe public and private sectors including recent service as United States Deputy Secretary of Defense. Bill's responsibilities will be to develop our business in North America, and shape and manage the Group's activities, to reposition them in light of a changing US and international defense and security market. He will also be responsible for ensuring the highest standards of corporate governance, business ethics and security compliance across the company." 

Lynn replaces current Chairman and Chief Executive Officer Mark S. Newman, who has been the driving force behind DRS Technologies' growth into a major US defense player. Newman leaves the company having coordinated the integration with Finmeccanica and having built a strong foundation for the future of the company. 

"Without Mark, there would be no DRS," said Orsi. "This is a company that is fundamental for Finmeccanica's position as a major industrial player in the US defense and security market. We are grateful to Mark not only for instilling in DRS a culture of commitment to its customers, but also for hisdedication and service to the industry." 

Lynn brings to Finmeccanica almost 30 years of experience in the defense sector. Prior to joining the Finmeccanica Group, Lynn served as United States Deputy Secretary of Defense. From 2002 to 2009, he was Senior Vice President of Government Operations and Strategy at a leading defense company. Additionally, he worked for four years as Under Secretary of Defense (Comptroller). He was also Director of Program Analysis and Evaluation in the Office of the Secretary of Defense. 

Lynn holds a law degree from Cornell Law School and a Master's degree in Public Affairs from the Woodrow Wilson School of Public and International Affairs at Princeton University. He is also a graduate of Dartmouth College. His publications include a book, Toward a More Effective Defense, as well as articles in newspapers and professional journals. 

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LEONARDO
07/17LEONARDO AND THE ITALIAN AIR FORCE L : expertise and advanced technology serving..
PU
07/17SATELLITES AND BIG DATA ANALYTICS PR : Leonardo's SEonSE platform is now online
PU
07/17EUROFIGHTER BUY WOULD HELP BELGIUM S : Bae
RE
07/17Eurofighter buy would help Belgium secure role in future fighter - BAE
RE
07/17BAE Systems CEO Open Minded on Future Fighter Cooperation
DJ
07/16Britain unveils fighter jet model to rival Franco-German programme
RE
07/16Britain unveils fighter jet model to rival Franco-German program
RE
07/16LEONARDO : maintains DIRCM export drive, signs Middle Eastern customer
PU
07/16Airbus says Europe, UK should work together on future fighter
RE
07/16UK to invest two billion pounds in new fighter programme through 2025
RE
More news
News from SeekingAlpha
04/18Lockheed enhances German partnerships for 'must-win' military helicopter bid 
2017Greenwood Q2 - Gains On Whole Foods Buyout 
2017Boeing picks St. Louis for potential jet plant, setting up competition with r.. 
2017Airbus-led JV seals Iran airline order 
2017BOEING AND THE BATTLE FOR T-X : Well, This Is Awkward 
Financials (€)
Sales 2018 11 768 M
EBIT 2018 872 M
Net income 2018 338 M
Debt 2018 2 627 M
Yield 2018 1,57%
P/E ratio 2018 16,04
P/E ratio 2019 10,65
EV / Sales 2018 0,66x
EV / Sales 2019 0,63x
Capitalization 5 197 M
Chart LEONARDO
Duration : Period :
Leonardo Technical Analysis Chart | LDO | IT0003856405 | 4-Traders
Technical analysis trends LEONARDO
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 11,6 €
Spread / Average Target 27%
EPS Revisions
Managers
NameTitle
Alessandro Profumo Chief Executive Officer & Director
Giovanni de Gennaro Chairman
Alessandra Genco Chief Financial Officer & Vice President
Luciano Marcocci Chief Technology Officer
Paolo Cantarella Lead Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
LEONARDO-8.00%6 089
UNITED TECHNOLOGIES CORPORATION1.52%103 616
AIRBUS SE28.84%97 684
LOCKHEED MARTIN CORPORATION-0.62%90 904
RAYTHEON6.26%57 378
GENERAL DYNAMICS-5.26%57 250