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RADA Announces $8 Million in New Orders

Mar 04, 2019 - GlobeNewswire

NETANYA, Israel, March 04, 2019 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA) announced the receipt of $8 million in new orders in the past two months.

Out of these, $5 million were orders for RADA's software-defined radars for counter rocket artillery and mortar (C-RAM), counter UAV and short-range air defense (SHORAD). The majority of these were follow-on orders from customers that had placed initial orders previously. There were also initial orders from new defens...