Both parties first announced their all-stock transaction in June and they now expect to complete the business combination in late November or early December.
DRS said Tuesday the CFIUS clearance was one of the regulatory authorizations needed for the companies to close the deal that would make Leonardo’s U.S. subsidiary a publicly traded company and RADA its wholly owned subsidiary.
The combined entity will trade on the Nasdaq and Tel Aviv Stock Exchange markets under the ticker symbol “DRS.”
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
