RADA receives $6 million in new orders
RADA Electronic Industries has received new orders totalling more than $6 million from new and existing customers, the company announced on 8 April.
The orders included $5 million from defence customers for the company's software-defined active electronically scanned array radars for counter UAS solutions.
The remaining $1 million are follow-on orders for the company’s legacy avionics, including digital video recorders and ongoing maintenance orders for its wide installment base of core avionics for military airborne platforms.
Dov Sella, CEO, RADA, said: ‘To date, we have seen good momentum of new orders, especially for our tactical radars business. RADA is currently in a strong growth phase. These orders substantiate and make us confident with our forecast of over $40 million in revenues for 2019, implying growth of over 40% year-over-year.’
Deliveries of these orders will take place during 2019.
You may also like
More from Digital Battlespace
-
![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
-
![Work-from-home warfare: the power of mixed reality]()
Work-from-home warfare: the power of mixed reality
Defence-secure mixed reality headsets can save hours, or even weeks, of travel time to fix defunct equipment or get subject experts effectively “on-site” where they are needed.
-
![Northrop Grumman receives follow-on contract for CUAS and C-IED systems]()
Northrop Grumman receives follow-on contract for CUAS and C-IED systems
The Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) counter-improvised explosive device (C-IED) and Drone Restricted Access Using Known Electromagnetic Warfare (DRAKE) counter-UAS (CUAS) systems are mounted and dismounted RF jammers.
-
![Adarga’s Vantage AI software selected for UK Strategic Command’s Defence Support]()
Adarga’s Vantage AI software selected for UK Strategic Command’s Defence Support
Adarga’s Vantage information analysis tool is in service with the UK MoD and individual UK forces. It builds on the company’s Knowledge Platform which processes, organises and analyses open source material, as well as information held by the user’s military, security and intelligence services.
