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Posted On: 09/09/2017 4:23:52 PM
Post# of 85
RADA Receives $1 million Follow-on Order for Counter-UAV Radar Peripherals for US Military
Netanya, Israel, August 25, 2017 - RADA Electronic Industries Ltd. (NASDAQ: RADA) today announced that it has received a follow-on order worth approximately $1 million for peripheral equipment to support the installation and operation of its Multi-Mission Hemispheric Radars (MHR). This order is in continuation to the strategic order for radars, worth over $8 million, which was recently reported by the Company.
The radars and the peripherals will be used by a key US military force, providing it with air surveillance with emphasis on counter-UAV with the most advanced on-the-move capabilities. The systems are expected to be fielded for operational use soon after delivery.
Dov Sella, RADA’s CEO, commented, "This follow-on order will enable the installation and operation of our radars under the demanding operational and environmental conditions under which these systems will be fielded. This includes tactical, on-the-move surveillance of hostile drones and other aerial targets, as part of the protection solution for the maneuver forces.”
https://www.rada.com/corp/news/224-pr-1m-foll...aug17.html
Netanya, Israel, August 25, 2017 - RADA Electronic Industries Ltd. (NASDAQ: RADA) today announced that it has received a follow-on order worth approximately $1 million for peripheral equipment to support the installation and operation of its Multi-Mission Hemispheric Radars (MHR). This order is in continuation to the strategic order for radars, worth over $8 million, which was recently reported by the Company.
The radars and the peripherals will be used by a key US military force, providing it with air surveillance with emphasis on counter-UAV with the most advanced on-the-move capabilities. The systems are expected to be fielded for operational use soon after delivery.
Dov Sella, RADA’s CEO, commented, "This follow-on order will enable the installation and operation of our radars under the demanding operational and environmental conditions under which these systems will be fielded. This includes tactical, on-the-move surveillance of hostile drones and other aerial targets, as part of the protection solution for the maneuver forces.”
https://www.rada.com/corp/news/224-pr-1m-foll...aug17.html
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