OS, AS, Insider holdings, Investor holdings, Growt
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Posted On: 09/20/2017 5:48:06 PM
OS, AS, Insider holdings, Investor holdings, Growth, Conservative multiple + Headlines.....
Thanks PS for the breakout call...
Anyone just do 5 mins of DD and you will see what's ahead...
US Senate passes budget-busting $700 billion defense policy
https://www.defensenews.com/congress/2017/09/...lion-ndaa/
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
RADA Receives First Breakthrough and Strategic $8 Million Order for US Military
Netanya, Israel, August 16, 2017 - RADA Electronic Industries Ltd. (Nasdaq: RADA) today announced it has received a strategic first order for dozens of Multi-Mission Hemispheric Radars (MHR). The order is highly significant for RADA, totaling over $8 million and will be delivered during 2017.
The radars 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 radars are expected to be fielded for operational use soon after delivery.
Dov Sella, RADA’s CEO, commented, "This is a true breakthrough and highly significant order for RADA. Furthermore, strategically, it is our first delivery to a key US military customer, with potential for further orders down the road. We have been awarded this order following long, demanding and detailed trials, as would be expected for a key defense application, proving the superiority of our radars in the increasingly important field of counter-UAV warfare.”
Mr. Sella continued, “While this initial win has a potential for additional orders with this particular force, we also see further potential with other US military forces. This program demonstrates the initial fruits of success of our strategy, focusing our technology on the US military and other world leading advanced defense forces, which are in need of tactical, on-the-move surveillance and protection solutions for the maneuver forces.”
https://www.rada.com/corp/news/220-pr-us-order-aug17.html
Netanya, Israel, August 10, 2017 - RADA Electronic Industries Ltd. (Nasdaq: RADA), announced today its financial results for the quarter ended June 30, 2017.
Improvements Across all Parameters; Increasing Revenue Guidance for 2017 to $25M, YoY growth of 100%
Management Comment
Dov Sella, RADA's Chief Executive Officer commented, “We are very pleased with our results of the second quarter, showing an almost doubling of revenues (compared to Q2 2016) and a strong turnaround back to profitability. The primary driver of our growth is our software-defined tactical radar sales which are becoming the majority of our revenues, while the avionics business is stable. As we progress through 2017, we are now finally seeing the fruits of our significant investments over the years in the radar product line, which is generating strong interest amongst customers in our target markets, especially in the United States.”
Continued Mr. Sella, “Based on our backlog and pipeline, we are increasing our full year revenue guidance towards $25 million for 2017, representing a year over year growth of almost 100%.”
Concluded Mr. Sella, “We still believe we are at the early stages of unleashing the very significant long-term potential of our radar technology. We look forward to realizing it, in the years ahead.”
https://www.rada.com/corp/news/219-pr-2107-q2-results.html
Thanks PS for the breakout call...
Anyone just do 5 mins of DD and you will see what's ahead...
US Senate passes budget-busting $700 billion defense policy
https://www.defensenews.com/congress/2017/09/...lion-ndaa/
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
RADA Receives First Breakthrough and Strategic $8 Million Order for US Military
Netanya, Israel, August 16, 2017 - RADA Electronic Industries Ltd. (Nasdaq: RADA) today announced it has received a strategic first order for dozens of Multi-Mission Hemispheric Radars (MHR). The order is highly significant for RADA, totaling over $8 million and will be delivered during 2017.
The radars 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 radars are expected to be fielded for operational use soon after delivery.
Dov Sella, RADA’s CEO, commented, "This is a true breakthrough and highly significant order for RADA. Furthermore, strategically, it is our first delivery to a key US military customer, with potential for further orders down the road. We have been awarded this order following long, demanding and detailed trials, as would be expected for a key defense application, proving the superiority of our radars in the increasingly important field of counter-UAV warfare.”
Mr. Sella continued, “While this initial win has a potential for additional orders with this particular force, we also see further potential with other US military forces. This program demonstrates the initial fruits of success of our strategy, focusing our technology on the US military and other world leading advanced defense forces, which are in need of tactical, on-the-move surveillance and protection solutions for the maneuver forces.”
https://www.rada.com/corp/news/220-pr-us-order-aug17.html
Netanya, Israel, August 10, 2017 - RADA Electronic Industries Ltd. (Nasdaq: RADA), announced today its financial results for the quarter ended June 30, 2017.
Improvements Across all Parameters; Increasing Revenue Guidance for 2017 to $25M, YoY growth of 100%
Management Comment
Dov Sella, RADA's Chief Executive Officer commented, “We are very pleased with our results of the second quarter, showing an almost doubling of revenues (compared to Q2 2016) and a strong turnaround back to profitability. The primary driver of our growth is our software-defined tactical radar sales which are becoming the majority of our revenues, while the avionics business is stable. As we progress through 2017, we are now finally seeing the fruits of our significant investments over the years in the radar product line, which is generating strong interest amongst customers in our target markets, especially in the United States.”
Continued Mr. Sella, “Based on our backlog and pipeline, we are increasing our full year revenue guidance towards $25 million for 2017, representing a year over year growth of almost 100%.”
Concluded Mr. Sella, “We still believe we are at the early stages of unleashing the very significant long-term potential of our radar technology. We look forward to realizing it, in the years ahead.”
https://www.rada.com/corp/news/219-pr-2107-q2-results.html
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