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FINMY Leonardo SPA (PK)

12.1301
0.0901 (0.75%)
Last Updated: 19:50:21
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Name Symbol Market Type
Leonardo SPA (PK) USOTC:FINMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.0901 0.75% 12.1301 12.14 12.15 12.29 12.098 12.29 18,083 19:50:21

DRS Technologies Appoints Sally Wallace as President of Company's C4ISR Business Group

30/04/2014 4:26pm

PR Newswire (US)


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ARLINGTON, Va., April 30, 2014 /PRNewswire/ -- Finmeccanica North America and DRS Technologies CEO William J. Lynn has announced the appointment of Sally A. Wallace as President of the company's C4ISR business group.

DRS logo

Wallace, who previously was Vice President of Business Operations for the DRS Maritime & Combat Support Systems business group, is an experienced defense industry executive. 

She will oversee the DRS intelligence, computing, networking and sensor fusion businesses, including its Tactical Systems and Reconnaissance, Surveillance and Targeting Acquisition business among others.  The C4ISR group is headquartered in Arlington, Virginia, with major facilities in Florida, Alabama, Maryland, Texas, California and the United Kingdom. 

"The breadth and depth of Sally's industry knowledge, along with her established track record of proven results, make her the ideal fit to lead our C4ISR business," Lynn said. "Her experience of more than 20 years at DRS and elsewhere within the defense industry will help ensure that our C4ISR group will maintain its competitive edge in world-class technology."

During 12 years at DRS, Wallace has held a number of executive leadership positions in the Maritime & Combat Support Systems business group. As Vice President of Business Operations, she was directly engaged in every aspect of the business, strategically and operationally.  Prior to that, Wallace was Vice President and General Manager of the group's Power and Control Technologies operating division in Milwaukee, Wisconsin, where she led her team to achieve significant growth.

Before joining DRS in 2002, Wallace was the Business Unit Manager for the Navy Controls Division of the Eaton Corporation. She began her defense industry career as a mechanical engineer at the Electric Boat Division of General Dynamics.

Wallace earned a Master of Business Administration from the University of Chicago; a Master of Science in Electrical Engineering from the University of Connecticut; and a Bachelor of Science in Engineering Physics from Grove City College.

About DRS Technologies

DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide and is a recipient of the Defense Security Service Award for Excellence in Counterintelligence as well as three James S. Cogswell Awards for Outstanding Industrial Security Achievement. The company is a wholly owned subsidiary of Finmeccanica SpA, (FNC.MI), which employs approximately 70,000 people worldwide.

For additional information please contact:

Michael Mount
Director
Public Affairs and Communications
571-447-4624
mmount@drs.com

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SOURCE DRS Technologies

Copyright 2014 PR Newswire

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