RADA Announces $12.5 Million in New Orders

Photo: RADA

RADA Electronic Industries announced that it had received a total of $12.5 million in new orders during October and November of 2019.

Over 90% of the new orders are for RADA’s multi-mission, software-defined tactical radar systems. Applications for these radar systems are mainly for C-UAV, V-SHORAD, and APS solutions.

Half of the orders were follow-on orders, and half were from altogether new customers.

“2019 has been a year of significant growth in our radar business, while avionics remain stable,” said CEO Dov Sella. “This continuously growing flow of new orders gives us the confidence that we can expect significant growth levels also in 2020.”