RADA logs $10 million in new orders since mid-July
RADA Electronic Industries has received orders worth $10 million since mid-July 2020, the Israeli company reported on 14 September.
Total cumulative orders for the year to date reached $59 million, or 68% higher than the $35 million received for the same period in 2019.
RADA noted particular demand for its software-defined tactical radars for C-UAV and counter-rocket, artillery, and mortar (C-RAM) applications.
Most new radar orders were follow-ons from existing customers, with deliveries planned in the next six months. RADA has also supplied digital video recorders and debriefing stations for fighter aircraft, along with maintenance orders for its avionics installed base.
Looking ahead, RADA expects full-year 2020 revenues to exceed $70 million, marking a 58% year-on-year increase.
As part of our promise to deliver comprehensive coverage to our Defence Insight and Premium News subscribers, our curated defence news content provides the latest industry updates, contract awards and programme milestones.
You may also like
More from Digital Battlespace
-
![Airbus launches final CSO observation satellite for French Armed Forces]()
Airbus launches final CSO observation satellite for French Armed Forces
Airbus was awarded the Composante Spatiale Optique (CSO) contract at the end of 2010. This included an option for a third satellite, which was activated after Germany joined the programme in 2015.
-
![Intelligence advantage: How real-time GEOINT is reshaping military decision-making]()
Intelligence advantage: How real-time GEOINT is reshaping military decision-making
In today’s contested operational environment, adaptability is key. The new Geospatial-Intelligence as a Service (GEO IaaS) solution from Fujitsu and MAIAR empowers militaries by enabling intelligence advantage, combining advanced technology with human expertise to deliver actionable insights.
-
![Israel sets up new department to boost development of AI and autonomy]()
Israel sets up new department to boost development of AI and autonomy
Israel will continue to develop autonomy for its weapons and platforms as it brings together defence personnel, academia and industry.
-
![Clavister contracted to supply cyber protection for CV90s]()
Clavister contracted to supply cyber protection for CV90s
Clavister CyberArmour, an integrated defence cybersecurity system, will be used on BAE Systems Hägglunds’ CV90 platform in deployments with a Scandinavian country, as well as in an eastern European nation.
-
![Lockheed Martin completes tactical satellite demonstration and prepares for launch]()
Lockheed Martin completes tactical satellite demonstration and prepares for launch
The tactical satellite (TacSat) is an intelligence, surveillance and reconnaissance (ISR) system and will participate in exercises in 2025.
-
![AUSA 2024: General Micro Systems adds four new products to the X9 Spider family]()
AUSA 2024: General Micro Systems adds four new products to the X9 Spider family
The airborne three-domain, the two ground-based and the ¼ ATR OpenVPX-based cross-domain systems were engineered to provide real-time security across multi-domain operations.
