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Leonardo DRS buys Israeli radar co RADA at 34% premium

&#13 Netanya-centered Israeli defense firm RADA Electronic Industries Ltd. (TASE: RADA Nasdaq: RADA), which produces tactical radar systems, is merging with US firm Leonardo DRS Inc. The stock-based transaction will outcome in RADA’s present shareholders holding 19.5% of the merged company. The deal is expected to near in the fourth […]