Leonardo is grow­ing in the US with the ac­qui­si­tion of Day­light So­lu­tions

SP's MAI - - CORPORATE NEWS -

On March 3 GKN Aerospace’s Fokker busi­ness and the Royal Nether­lands Air Force (RNLAF) have signed a mul­ti­mil­lion Euro to­tal sup­port agree­ment for a five-year pe­riod, cov­er­ing stan­dard parts sup­ply and ser­vices for all of the RNLAF’s air­craft, helicopters and mul­ti­ple sup­port sys­tems. Af­ter the five-year pe­riod the con­tract can be ex­tended twice with a pe­riod of one year.

The to­tal sup­port so­lu­tion cov­ers the de­liv­ery of the stan­dard parts and ad­di­tional ser­vices such as trans­porta­tion, man­age­ment of stor­age sys­tems, fore­cast­ing and stock stor­age.

RNLAF fleet of Apache, Chi­nook and Cougar helicopters as well as the F-16s, PC-7s and the KDC-10 tanker air­craft are in­cluded in the con­tract. The to­tal sup­port so­lu­tion will be de­liv­ered from the Fokker fa­cil­ity in Hoofd­dorp, the Nether­lands.

Fokker was se­lected in 2012 by NHIn­dus­tries as stan­dard parts provider for all NH90 helicopters world­wide and holds a strong po­si­tion as an in­te­grated af­ter-mar­ket ser­vice provider for Air­bus, Boe­ing, Fokker and Bom­bardier air­craft.

Com­modore Mario Ver­beek said: “This is an im­por­tant in­no­va­tive per­for­mance based con­tract which will di­rectly con­trib­ute to the readi­ness of the Royal Nether­lands Air Force. I am very proud and happy to take this im­por­tant step to­gether with our strate­gic part­ner GKN Aerospace Fokker.”

Paul Vorster­mans, Vice Pres­i­dent at Fokker Ser­vices, said: “Fokker

Leonardo, through the US sub­sidiary Leonardo DRS, has signed a de­fin­i­tive agree­ment to pur­chase Day­light So­lu­tions Inc, a lead­ing de­vel­oper and sup­plier of quan­tum cas­cade laser prod­ucts and tech­nol­ogy. Mauro Moretti Leonardo, CEO and Gen­eral Man­ager, de­clared: “Ac­qui­si­tion of Day­light So­lu­tions is a first sig­nif­i­cant step for­ward to­wards the ob­jec­tives of growth and de­vel­op­ment of the In­dus­trial Plan 2017-21. This ac­qui­si­tion will al­low Leonardo DRS to ex­tend the range of ad­vanced so­lu­tions to civil and mil­i­tary cus­tomers around the world, in­te­grat­ing the Day­light So­lu­tions laser tech­nol­ogy in the core busi­ness of elec­tro-op­ti­cal and in­frared sen­sors and sys­tems.”

Both Leonardo DRS and Day­light So­lu­tions are lead­ers in in­frared re­search and prod­uct de­vel­op­ment. The in­te­gra­tion of laser and sen­sor sys­tems de­vel­oped by the two com­pa­nies can be used in a va­ri­ety of dual-use ap­pli­ca­tions, in­clud­ing air­craft sur­viv­abil­ity prod­ucts and med­i­cal and in­dus­trial ap­pli­ca­tions, in­clud­ing imag­ing for can­cer di­ag­nos­tics and chem­i­cal de­tec­tion.

Bill Lynn, CEO of Leonardo DRS, said: “With this ac­qui­si­tion, Leonardo DRS re­in­forces its com­mit­ment to re­main at the fore­front of in­frared tech­nol­ogy to not only pro­tect our men and women in uni­form but also to per­form crit­i­cal tasks across a range of in­dus­tries, in­clud­ing med­i­cal and in­dus­trial ap­pli­ca­tions.”

Day­light So­lu­tions is ex­pected to grow sig­nif­i­cantly in the com­ing years, thanks to the roll­out of new US mil­i­tary air­craft sur­viv­abil­ity sys­tems, where Day­light So­lu­tions has se­cured sig­nif­i­cant roles. Day­light’s Sci­en­tific In­stru­men­ta­tion busi­ness seg­ment is at the fore­front of in­tro­duc­ing new di­ag­nos­tic and an­a­lyt­i­cal tools for med­i­cal re­search and treat­ment, which build on the com­mer­cial util­i­sa­tion of its core quan­tum cas­cade laser prod­ucts.

Leonardo DRS will pay $150 mil­lion for 100 per cent of the eq­uity of Day­light So­lu­tions. Fol­low­ing the clos­ing of the trans­ac­tion, Day­light So­lu­tions will be one of eight Leonardo DRS lines of busi­ness. Both Day­light So­lu­tions co-founders, Ti­mothy Day and Paul Lar­son, will re­main with Leonardo DRS.

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