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Jun 21, 2022 · NETANYA, Israel and ARLINGTON, Virginia – June 21, 2022 – RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) (“RADA”), a leading provider of advanced software-defined military tactical radars, and Leonardo DRS Inc. (“Leonardo DRS”), a leading mid-tier defense technology provider, today announced that they have entered into a definitive agreement to merge and become a ...
Nov 28, 2022 · ARLINGTON, Virginia – November 28, 2022 – Leonardo DRS, Inc. (“Leonardo DRS”, or the “Company”), a leading mid-tier defense technology provider, today announced the successful completion of the all-stock merger between Leonardo DRS and RADA Electronic Industries Ltd. (“RADA”) to become a combined public company (the “Combined Company”).
Nov 29, 2022 · Leonardo announced the completion of the all-stock merger between its US subsidiary Leonardo DRS, Inc. (“Leonardo DRS”) and RADA Electronic Industries Ltd. (“RADA”), together also becoming a combined publicly listed company (the “Combined Company”). As previously disclosed, Leonardo will retain an 80.5% ownership in the Combined ...
Nov 29, 2022 · Virginia Business - November 29, 2022 - WASHINGTON — Leonardo DRS Chair and CEO William J. Lynn III rings the closing bell at the Nasdaq Nov. 29. The Arlington-based defense contractor went public that morning, a day after completing a merger with Israel-based Rada Electronic Industries Ltd. Arlington-based defense contractor Leonardo DRS Inc. is now a public company.
Jun 21, 2022 · RADA Electronic Industries Ltd.(NASDAQ: RADA), an Israel-based provider of small-form tactical radars, and Leonardo DRS Inc have agreed to merge and become a combined public company. U.S.-based ...
- Akanksha Bakshi
Jun 21, 2022 · Leonardo's U.S.-based electronics unit, DRS, has agreed to buy Israel's RADA Electronic Industries , the Italian defence group said on Tuesday, paving the way for the combined business to list on ...
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Nov 28, 2022 · As previously disclosed, RADA shareholders will retain 19.5% ownership in the Combined Company with Leonardo DRS’s parent company, Leonardo S.p.A., (MIL: LDO), owning the remaining 80.5%.