RADA Electronic Industries Ltd. has announced that in recent weeks, it has received more than $12 million in new orders.
More than $5 million of the new orders were for RADA’s software-defined radars for counter rocket artillery and mortar (C-RAM), counter UAS and short range air defense (SHORAD). Most of these orders were from new and strategic defense organizations, and represent initial orders that have the potential for greater follow-on orders in the future.
RADA notes that portions of these orders were follow-ons from customers that have placed initial orders earlier this year.
The rest of the orders, totaling almost $7 million, were follow-on orders for RADA’s legacy avionics, which includes avionics for UAS.
“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,” says Dov Sella, RADA’s CEO.
“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.”