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Corporation
ELECTRONICS | Electronic Manufacturing Services
rada.com

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Founded Year

1970

Stage

PIPE | IPO

Market Cap

0.58B

Stock Price

10.50

About Rada Electronic Industries

RADA Electronic Industries is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sales of Tactical Land Radars for Force and Border Protection and Avionics Systems (including Inertial Navigation Systems) for fighter aircraft and UAVs.

Rada Electronic Industries Headquarter Location

7 Giborei Israel Blvd.

Natanya, 4250407,

Israel

+972-9-8921111

Latest Rada Electronic Industries News

RADA Electronic Shares Increase Over 3% Pre-Market: Why It Happened

Aug 16, 2021

The shares of RADA Electronic Industries Ltd. (NASDAQ: RADA) increased by over 3% pre-market. This is why it happened. The shares of RADA Electronic Industries Ltd. (NASDAQ: RADA) – a leading global provider of advanced software-defined tactical radars for the maneuver force (RADA) – increased by over 3% pre-market. Ltd., (ADTL), a 1,200+ people-strong, professional R&D and Production Organization, focused on the Defense and Aerospace domain, executing a Memorandum of Understanding to establish a Joint Venture to market, manufacture, sell and support RADA’s radars in India. Based on Indian defense doctrines for air defense and force protection, RADA is envisioning this market as a strategic growth opportunity. And in line with the Indian Government’s “Make in India” policies, RADA decided to establish a strong local presence in India in partnership with a leading local defense company, offering the private and public defense industry in India, advanced, locally adapted and produced, tactical radars — which are personalized to the unique requirements of the Indian Armed Forces. And among the operational missions in which this advanced technology would be used are, mobile short-range air defense, counter UAV, counter mortars, artillery and rockets (C-RAM), active protection of armored vehicles, and others. KEY QUOTES: “Our business strategy is to establish substantial local presence in our key markets. India is such a market for us, and we look forward to begin building our Indian entity with our partner ADTL. We have been impressed by ADTL’s proven track-record in building a successful business, providing advanced systems to the Indian Armed Forces and partnering with non-Indian defense companies for the Indian market, and we are pleased that they have chosen to partner with us to capture this opportunity. We believe that now is the right timing to develop our Indian market presence and become a provider of our cutting-edge technologies and solutions to the Indian Armed Forces.” — Dov Sella, RADA’s CEO “RADA’s combat-proven radars are uniquely suited to the requirements of the Indian armed services, with their next-generation capabilities against UAVs and other current and emerging threats, at their market-leading price/performance point. We are pleased that RADA has chosen us as their partner in India and look forward to working together to address the needs of all local system integrators and security forces alike.” — Col. H. S. Shankar, VSM (Retd. ), Chairman & Managing Director of ADTL Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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Expert Collections containing Rada Electronic Industries

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rada Electronic Industries is included in 1 Expert Collection, including Drones.

D

Drones

890 items

Drones are defined broadly to include software and hardware companies developing technologies related to unmanned aerial, marine, and/or land vehicles designed for unstructured environments. These technologies range from the manufacturing of drones to the analysis of data collect

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