2022.06.21 23:07

RADA Agrees To All-Stock Merger With Leonardo DRS

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 mid-tier defense technology provider Leonardo DRS is a wholly-owned subsidiary of Leonardo S.p.A. (OTC: FINMY). Leonardo DRS will acquire 100% of the share capital in RADA ...Full story available on Benzinga.

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