secwatch.observer — SEC 8-K summary
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Issuer:     Leonardo DRS, Inc. (DRS)
CIK:        0001833756
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001628280-22-019967
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leonardo DRS completes $450M sale of Global Enterprise Solutions business to SES
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- Sale closed on August 1, 2022 for $450 million cash, subject to purchase price adjustments.
- Buyer is SES Government Solutions, Inc., a wholly-owned subsidiary of SES S.A.
- Transaction was previously announced on March 21, 2022; required all regulatory approvals.
- Leonardo DRS sold its Global Enterprise Solutions (GES) business as part of the deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833756/000162828022019967/0001628280-22-019967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833756/000162828022019967/drs-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-019967

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