
Italy’s Leonardo on Tuesday said it has agreed to acquire California-based Daylight Solutions, Inc. in a $150 million cash deal that will further expand its U.S. footprint and provide it with laser technology to integrate into existing solutions.The acquisition is being done through Leonardo’s U.S. subsidiary Leonardo DRS and is subject to approval by U.S. regulators, the Committee on Foreign Investment in the U.S., and Daylight’s shareholders.Leonardo said the acquisition is important in its growth objectives and that the laser…