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RADA Electronic Industries Ltd. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RADA Electronic Industries Ltd. (“RADA” or the “Company”) (NASDAQ: RADA) in connection with the proposed merger of the Company with Leonardo DRS Inc. (“Leonardo DRS”).  Upon completion of the all-stock transaction, Leonardo DRS will acquire 100% of the share capital in RADA in exchange for approximately 19.5% equity ownership to RADA shareholders in the combined company.

Weiss Law is investigating whether (i) RADA’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates RADA’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.