 NETANYA, Israel, Jan. 06, 2021 GLOBE NEWSWIRE -- RADA Electronic Industries Ltd. Nasdaq: RADA today announced that DBSI, the Companys major shareholder, has notified RADA that it has agreed to sell approximately 3.9 million shares to leading Israeli institutional investors, broadening the shareholder base and increasing the free-float of RADA. Following the completion of the sale of such shares, DBSIs interest in RADA will stand at approximately 2.8 million shares, representing approximately 7 of the issued and outstanding share capital of the Company. 