Leonardo DRS and RADA join forces to take on force protection challenges
RADA supplies software-defined military tactical radars. (Photo: RADA)
Italian defence giant Leonardo announced on 21 June that its US subsidiary Leonardo DRS and Israeli supplier RADA Electronic Industries have entered into a definitive agreement to create a new combined public company to compete in the force protection market.
RADA provides software-defined military tactical radars and is described as a leader in mini-tactical radars. Its solutions can be used in APS, C-UAS, SHORAD on the move and 3D perimeter surveillance systems.
The deal involves an all-stock merger transaction and is expected to enable the new company to reach a stronger position in the tactical operating sector.
A release from Leonardo pointed out that the joint effort supports development of the international market for Leonardo and allows RADA to access opportunities in European and export markets and programmes.
Leonardo DRS will acquire 100% of the share capital of RADA in exchange for 19.5% equity ownership by RADA shareholders in Leonardo DRS, with Leonardo maintaining 80.5% in DRS through its US holding company.
Expected to be concluded in Q4 of 2022, the transaction is now subject to regulatory approval as well as a RADA stockholder vote.
More from Defence Notes
-
UK releases security strategy and plans for future defence spending boost
The UK’s National Security Strategy brings together the recently released Strategic Defence Review (SDR), Strategic Security Review, AUKUS Review and Industrial and Trade Strategies. At the same time, the UK made a commitment to reach defence spending of 5% of GDP by 2035 and Germany committed to 3.5% by 2029.
-
Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide
The House Committee on Appropriations approved a FY2026 bill reducing investments in main defence programmes.
-
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.