:

Business/Financial

Bill Lynn Retiring, COO John Baylouny To Lead Leonardo DRS

By Cal Biesecker

Wednesday, October 29th, 2025

SHARE:

Bill Lynn Retiring, COO John Baylouny To Lead Leonardo DRS

John Baylouny, president and CEO of Leonardo DRS. Photo: Leonardo DRS

Long-time Leonardo DRS [DRS] Chairman and CEO Bill Lynn will retire at the start of next year and company veteran and chief operating officer (COO) John Baylouny will become president and CEO on Jan. 1, the company said on Wednesday. Since January 2012, the 71-year-old Lynn has undertaken organic growth and a series of acquisitions, including an all-stock merger with Israel-based RADA Electronics Industries that added tactical radars to Leonardo DRS’ suite of electro-optic and infrared sensors. Leonardo DRS had…

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]