RADA receives $12 million in new orders
RADA Electronic Industries has announced that it has received more than $12 million in new orders.
The company has received orders worth $5 million for its software-defined radars for counter rocket artillery and mortar, counter UAS and short range air defence applications. A number of these orders were follow-ons from customers that placed initial orders earlier in 2018.
A further $7 million are follow-on orders for company’s legacy avionics, including avionics for UAS, helicopters, digital video recorders, and ongoing maintenance orders for RADA’s core avionics for military platforms.
Dov Sella, CEO, RADA, said: ‘As these orders demonstrate, our avionics business remains strong, stable and income generating; these new orders give us the confidence that this line of business will continue to stay at these solid levels for the coming years. Beyond this, our growth engine - the software defined radar business, is continuing to gain traction, with new strategic customers placing initial orders, representing great future potential.
‘Furthermore, we are increasingly seeing that our new customers from earlier in the year are beginning to place repeat orders. I again emphasize that the market for our tactical radars is new and very much in the emerging phase, and we are witnessing it gaining accelerated momentum.’
You may also like
More from Digital Battlespace
-
![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.
-
![BAE Systems gets go-ahead for second phase of mission communications programme]()
BAE Systems gets go-ahead for second phase of mission communications programme
DARPA’s Mission-Integrated Network Control (MINC) programme was set up to develop an autonomous tactical network and enable critical data flow in contested environments.
-
![Just Released: Space Technology Report]()
Just Released: Space Technology Report
Why space is an essential part of modern military capabilities
