# Leonardo DRS completes merger with RADA Electronic Industries

Leonardo DRS completed an all-stock merger with RADA Electronic Industries, with RADA shareholders retaining 19.5% ownership and Leonardo S.p.A. owning 80.5%.

- Type: Acquisition
- Announced: 2022-11-28
- Where: Arlington, Virginia, United States
- Status: completed
- Products: tactical radar, defense technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Leonardo DRS](https://endata.com/companies/4486.md) (acquirer)
- [Leonardo](https://endata.com/companies/18893.md) (investor)
- [Rada Electronic Industries](https://endata.com/companies/26290.md) (target)

## Sources

- [leonardodrs.com](https://www.leonardodrs.com/news/press-releases/leonardo-drs-announces-closing-of-merger-with-rada/), 2022-11-28: "We look forward to bringing Leonardo DRS's mid-tier strength to the public markets with the addition of RADA's leading tactical radar capabilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.