News from RADA
RADA Electronic Industries Ltd. (Nasdaq:RADA) announced that it has received follow-on production and maintenance orders worth over $3.1 million during the 2nd quarter of 2010. Most of the orders stemmed from leading US aerospace companies.
RADA Electronic Industries Ltd. (NASDAQ: RADA) has signed a follow on contract to upgrade the aircraft of a customer in Latin America, having a value of close to $6.5M.
The new radar from RADA was designed specifically for Active Protection Systems (APS); it has already demonstrated excellent performance through rugged, live fire field tests conducted by Israel Military Industries (IMI)
RADA Electronic Industries Ltd. (NASDAQ: RADA) reported today its financial results for the first quarter ended March 31, 2010. "The first quarter results are consistent with our projected plan for this year." said Zvika Alon, RADA's CEO commenting on the results.
RADA Electronic Industries Ltd. has received, during February and March of 2010, follow-on production and maintenance orders worth a total of over $1,600,000.
RADA Electronic Industries Ltd. has signed a $1.0 Million contract with the Chilean Air Force (FACH) to produce and deliver its advanced airborne video and data recording system as well as ground debriefing systems for installation onboard FACH F-16 aircraft.
RADA Electronic Industries Ltd. (NASDAQ: RADA) reported today its financial results for the year ended December 31, 2009. The company reported $18.4 million revenues for 2009, an increase of 3.1% from 2008. RADA gross profit increased 43% to $6 million in 2009, up from $4.2 million in 2008.
RADA Electronic Industries Ltd. announced it has received new orders with total value in excess of $4.5 million during January 2010.
RADA Electronic Industries Ltd. reported that the National Labor Court has approved the arrangement between the Company and Mr. H. Nissenson, its former CEO and Chairman of the Board of Directors.
RADA Electronic Industries Ltd. has received, in the fourth quarter of 2009, follow-on production and maintenance orders worth a total of over $2,500,000.
RADA Electronic Industries Ltd. has signed a contract to upgrade the aircraft of a customer in Latin America, having a value of close to $7M.
RADA Electronic Industries Ltd. (Nasdaq: RADA) reported today its financial results for the third quarter ended September 30, 2009. "This quarter's results were significantly better compared to the first two quarters of 2009. We have succeeded in improving our gross margin as well as our operating results compared to the same period in 2008 and also in comparison to the first two quarters of 2009."
RADA Electronic Industries Ltd. has signed a $2.6 Million contract with Lockheed Martin Aeronautics Company (NYSE: LMT) to provide Ground Debriefing Systems for airborne digital video recordings.
RADA Electronic Industries
Ltd. has received, in the third quarter of 2009, follow-on
production and maintenance orders worth a total of $1,000,000
RADA Electronic Industries Ltd. has signed an agreement with Spider Technologies Security Ltd. (SpiderTech, a private company) to help market and manufacture its patented security system’s hardware.
RADA Electronic Industries Ltd. has announced today that it has received a $3.6 Million follow-on purchase order from the Israeli Ministry of Defense (IMOD) to produce the advanced airborne video and data management system (Video Management System – VMS) for the Israeli Air Force (IAF) aircraft.
RADA Electronic Industries Ltd. (Nasdaq: RADA) reported revenues of $3.0 million in the second quarter of 2009, ended June 30, 2009. "We expect that our R&D efforts will continue during the second half of 2009." said Zvika Alon, RADA's CEO, "Our order backlog continued to increase during the second quarter; therefore we maintain our expectation for an improvement in our operating results."
RADA announced that it has received in the 2nd quarter of 2009 follow-on orders with total value exceeding $3.2 million to deliver various video and data recorders, inertial navigation systems and various avionics products to customers worldwide.
At the 48th Paris Air Show RADA unveiled the latest mission data recorder model - the Video Recorder & Data Server System (VRDS) - introducing the cutting edge approach to video and data recording and mass-storage management onboard combat aerial platforms.
RADA Electronic Industries Ltd. is unveiling its latest line of compact avionics systems and modules designed specifically for Unmanned Aerial Vehicles (UAVs).
RADA Electronic Industries Ltd. is unveiling its latest line of Inertial Navigation Systems at the Paris Air Show - high precision, yet affordable systems designed for airborne, unmanned and expendable applications.
srael's avionics specialist RADA Electronic Industries Ltd. is unveiling its latest line of compact avionics systems and modules designed specifically for Unmanned Aerial Vehicles (UAVs).
NETANYA, Israel, May 21, 2009 - RADA Electronic Industries Ltd. (Nasdaq: RADA) reported today its financial results for the quarter ended March 31, 2009. The company reported 11% Increase in revenues and net profit.
May 04, 2009 - RADA Electronic Industries Ltd. announced today that it has supplied the Black Box for Axxana’s Phoenix Disaster Recovery EDR System, following successful completion of intensive environmental qualification testing.
April 02, 2009 - RADA Electronic Industries Ltd. today announced it has filed its annual report on Form 20-F containing audited consolidated financial statements for the year ended December 31, 2008 with the U.S. Securities and Exchange Commission.
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