references to primary sources . please improve this by adding secondary or tertiary sources . may 2008 learn how and when to remove this template message drs technologies inc. type subsidiary of leonardo finmeccanica industry defense founded 1968 headquarters arlington virginia usa website www.drs.com drs technologies inc. drs is a us based defense contractor . previously traded on the nyse the company was purchased by the italian firm finmeccanica now leonardo finmeccanica in october 2008 . contents 1 history 2 products 2.1 drone 3 see also 4 references 5 external links history edit 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 loral chose to pursue other technology newman and gross founded drs to continue their research which ultimately led to development of the an sqr 17 passive submarine detection system a product still used today . drs went public in 1981 and acquired its first company in 1984 . by 1994 drs set a goal to become a mid tier defense contractor defined by 500m in sales notwithstanding that drs at the time had only 58m in sales . six years later at the turn of the century drs reached the 391m sales level and in 2004 surpassed the 1b sales mark . 1 drs was acquired by the italian conglomerate finmeccanica s.p.a. now leonardo finmeccanica in 2008 . products edit m1000 trailer part of the heavy equipment transport system drone edit drs rq 15 neptune drs sentry hp see also edit top 100 us federal contractors references edit drs connections may 2007 special edition 12 the company s internal newsletter external links edit drs technologies inc. corporate web site washington technology s top 100 federal prime contractors best for vets 2012 employers v t e leonardo finmeccanica subsidiaries and joint ventures agustawestland alenia aermacchi atr bell agusta aerospace company drs technologies ngl prime spa oto melara quadrics selex es selex sistemi integrati telespazio telespazio vega thales alenia space people mauro moretti retrieved from https en.wikipedia.org w index.php title drs technologies & oldid 735924768 categories companies established in 1968defense companies of the united statescompanies based in morris county new jerseyleonardo finmeccanicahidden categories articles lacking reliable references from may 2008all articles lacking reliable references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages italiano edit links this page was last modified on 24 august 2016 at 00 54 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view