RADA Rada Electronic Industries

RADA reports the death of one of its directors, Mr. Israel Livnat

RADA reports the death of one of its directors, Mr. Israel Livnat

NETANYA, Israel, Sept. 12, 2019 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) regrets to report the death of one of its directors, Israel Livnat, who passed away on September 11, 2019 after an illness.  Mr. Livnat served on the Company's Board of Directors since 2016.  Mr. Livnat was the founder and Chairman of Anteo WW AG, which developed a software platform for physical-security, cyber-security safety and other business continuity applications. Previously, Mr. Livnat had a long and distinguished career at leading defense and software companies in Israel and was awarded the prestigious Israeli Industry Prize for 2004. He will be missed by the Company.

About RADA

RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sales of Tactical Land Radars for Force and Border Protection, and Avionics Systems (including Inertial Navigation Systems) for fighter aircraft and UAVs.

Company Contact:

Avi Israel, CFO

Tel:  



 

EN
12/09/2019

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Reports on Rada Electronic Industries

 PRESS RELEASE

RADA Electronic Industries Ltd. Announces Results of Extraordinary Mee...

RADA Electronic Industries Ltd. Announces Results of Extraordinary Meeting NETANYA, Israel, Oct. 19, 2022 (GLOBE NEWSWIRE) -- On October 19, 2022, RADA Electronic Industries Ltd. (the “Company”) held an Extraordinary General Meeting of Shareholders (the “Meeting”) at the Company’s offices located at 7 Giborei Israel Street, Netanya, Israel. At the Meeting, the following resolutions were adopted as follows: The approval and adoption of the Agreement and Plan of Merger, dated as of June 21, 2022 (the “Merger Agreement”), by and among Leonardo DRS, Inc. (“DRS”), RADA and Blackstart Ltd...

 PRESS RELEASE

RADA Reports Q2/2022 Results

RADA Reports Q2/2022 Results NETANYA, Israel, Aug. 17, 2022 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced today its financial results for the three and six month periods ended June 30, 2022. Highlights of the second quarter of 2022 Quarterly revenues of $23.0 million;Gross margin of 35%;Previously announced merger with DRS proceeding as expected - merger expenses of $2.6 million incurred in the second quarter;Operating loss of $3.0 million;Net loss of $4.4 million;Adjusted EBITDA of $1.8 million representing margin of 7.7%;Quarter-end net cash ...

 PRESS RELEASE

RADA Schedules Second Quarter 2022 Results Release & Conference Call o...

RADA Schedules Second Quarter 2022 Results Release & Conference Call on Wednesday, August 17, 2022 Investor conference call to start at 9am ET NETANYA, Israel, Aug. 08, 2022 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq: & TASE: RADA) announced that it would be releasing its financial results for the second quarter of 2022 on Wednesday, August 17, 2022. The Company will host a conference call on the same day, starting at 09:00 am ET. Dov Sella, Chief Executive Officer and Avi Israel, Chief Financial Officer, will host the call and will be available to answer questions af...

 PRESS RELEASE

RADA reports Filing of a Form S-4 by Leonardo DRS, Inc.

RADA reports Filing of a Form S-4 by Leonardo DRS, Inc. NETANYA, Israel, Aug. 03, 2022 (GLOBE NEWSWIRE) -- On August 3, 2022, Leonardo DRS, Inc. (“DRS”) filed with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4, which includes the preliminary proxy statement for the Extraordinary General Meeting of Shareholders (the “Meeting”) of RADA Electronic Industries Ltd. (“RADA”), relating to the approval of the Agreement and Plan of Merger, dated June 21, 2022, by and among DRS, RADA and Blackstart Ltd., a company organized under the laws of the State of Is...

 PRESS RELEASE

Leonardo DRS and RADA Announce Upcoming Conference Participation

Leonardo DRS and RADA Announce Upcoming Conference Participation NETANYA, Israel and ARLINGTON, Va., Aug. 01, 2022 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ & TASE: RADA) (“RADA”), a leading global provider of advanced software-defined military tactical radars, together with Leonardo DRS, Inc. (“DRS”), a leading mid-tier defense technology provider, today announced its upcoming participation in the Jefferies 2022 Industrials Conference and the 42nd Annual Canaccord Genuity Growth Conference. Jefferies 2022 Industrials ConferenceThe Jefferies 2022 Industrials Conference ...

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