CHAIRMAN AND CEO, LEONARDO DRS, ARLINGTON COUNTY
CHAIRMAN AND CEO, LEONARDO DRS, ARLINGTON COUNTY
Virginia Business// August 29, 2024//
Following the completion of an all-stock merger with Israel-based radar company Rada Electronic Industries in November 2022, defense contractor Leonardo DRS went public, with Lynn ringing the closing bell at the Nasdaq. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the $3 billion Arlington-based defense company.
In 2023, Leonardo DRS reported $2.83 billion in revenue, an increase of 5% from $2.69 billion in 2022.
Lynn served as deputy secretary of defense during President Barack Obama’s first term, as comptroller of the Department of Defense from 1997 to 2001, and as counsel for U.S. Sen. Ted Kennedy on the Senate Armed Services Committee from 1987 to 1993. He also worked as senior vice president of government operations and strategy for Raytheon. Lynn joined Leonardo DRS in 2012.
Lynn holds a bachelor’s degree from Dartmouth, a master’s degree from Princeton and a law degree from Cornell Law School. He has received numerous federal government awards for public service.
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