RADA Opens a US Subsidiary
The new company, RADA Technologies LLC, will adapt RADA’s tactical radar technology for the US market by altering its technology towards US customer requirements and certifying the radars to US standards
IsraelDefense
| 28/03/2018
Source: RADA
RADA Electronic Industries Ltd., an Israel-based developer and producer of software-defined, AESA tactical radars for maneuvering forces, announced the establishment of a Joint Venture US company, together with SAZE Technologies LLC. The new company, RADA Technologies LLC, will be based in Silver Spring, MD.
RADA’s US JV will adapt RADA’s tactical radar technology for the US market by altering its technology towards US customer requirements, certifying the radars to US standards, building production capabilities and providing a maintenance and support infrastructure. The company will also be actively engaged in business development and marketing activities in the North American market.
"The US market is the most important market for our radar technology today," said Dov Sella, RADA’s CEO. "Our tactical radars directly address two of the current six modernization priorities of the US Army, as stated by the Army Chief of Staff in October 2017, namely Active Protection and Short Range Air Defense (SHORAD). In 2017, our significant 100%+ revenue growth came from radar sales to US military forces. We see this performance as an indication as to the huge business potential which the US market presents for our technology and products. We believe our US presence through RADA Technologies will be our gateway to the accelerated expansion of our products in the biggest defense market existing today."
RADA Technologies is aiming to achieve a Special Security Agreement (SSA) with the United States Defense Security Service by the end of 2018. The SSA will enable the company to engage with the primary military programs of the United States involving tactical radars for maneuvering forces. Cyber certification of RADA’s tactical radars is expected to be achieved by the end of 2018. The production line is planned to be active by mid-2019.
The new company, RADA Technologies LLC, will adapt RADA’s tactical radar technology for the US market by altering its technology towards US customer requirements and certifying the radars to US standards
Source: RADA
RADA Electronic Industries Ltd., an Israel-based developer and producer of software-defined, AESA tactical radars for maneuvering forces, announced the establishment of a Joint Venture US company, together with SAZE Technologies LLC. The new company, RADA Technologies LLC, will be based in Silver Spring, MD.
RADA’s US JV will adapt RADA’s tactical radar technology for the US market by altering its technology towards US customer requirements, certifying the radars to US standards, building production capabilities and providing a maintenance and support infrastructure. The company will also be actively engaged in business development and marketing activities in the North American market.
"The US market is the most important market for our radar technology today," said Dov Sella, RADA’s CEO. "Our tactical radars directly address two of the current six modernization priorities of the US Army, as stated by the Army Chief of Staff in October 2017, namely Active Protection and Short Range Air Defense (SHORAD). In 2017, our significant 100%+ revenue growth came from radar sales to US military forces. We see this performance as an indication as to the huge business potential which the US market presents for our technology and products. We believe our US presence through RADA Technologies will be our gateway to the accelerated expansion of our products in the biggest defense market existing today."
RADA Technologies is aiming to achieve a Special Security Agreement (SSA) with the United States Defense Security Service by the end of 2018. The SSA will enable the company to engage with the primary military programs of the United States involving tactical radars for maneuvering forces. Cyber certification of RADA’s tactical radars is expected to be achieved by the end of 2018. The production line is planned to be active by mid-2019.
