RADA Announces $5 million in Radars Orders
October 15, 2018 Netanya, Israel, - RADA Electronic Industries Ltd. A leader in the development, production and sale of tactical land radar for force and border protection - announced the receipt of approximately $5 million in new radar orders, in recent weeks.
The orders were for RADA’s software-defined radars for counter rocket artillery and mortar (C-RAM) and counter UAV and short range air defense (SHORAD). All orders were from new and strategic customers. These new customers are leading defense organizations and represent initial sales from which RADA expects significantly greater further follow-on orders in the future.
Deliveries of these orders will be completed in 2018.
RADA offers advanced Pulse-Doppler, multi-mission, AESA radars for tactical applications. These Software Defined radars introduce hemispheric spatial coverage with excellent performance-to-price ratio. RADA’s radars are ideal sensors for: V/SHORAD, Vehicle protection, APS, HFD, C-RAM and Air surveillance with unique On-the-Move capabilities.
Dov Sella, RADA’s CEO, commented, "These are the result of the growing fruits of our ongoing business development efforts globally. The fact these orders represent an initiation penetration of new customers, it also brings with it a strong potential for future orders at a much greater scale. The market for our tactical radars is new and very much in the emerging phase, and the early orders we have sold in the past year across our customer base present significant potential for follow-on orders in the near future.”
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:
Gil Schwartz (VP, BD & Marketing)
Tel: +972-9-892-1111
mrkt@rada.com
www.rada.com
