 NETANYA, Israel, March 03, 2021 GLOBE NEWSWIRE -- RADA Electronic Industries Ltd. RADA NASDAQ and TASE: RADA, a global defense technology company, today announced that it intends to offer and sell its ordinary shares in an underwritten public offering. RADA also expects to grant to the underwriters a 30-day option to purchase up to an additional 15 of its ordinary shares sold in the offering on the same terms and conditions. There can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering. 