Business News
RADA Electronic Industries Ltd. has Received $1.5M Follow-on Production and Maintenance Orders
2008-08-07 08:00:00
RADA Electronic Industries Ltd. has Received $1.5M Follow-on Production and Maintenance Orders
NETANYA, Israel, August 7 /EMWNews/ -- RADA Electronic Industries Ltd. (NASDAQ: RADA), announced today that it has recently received follow-on production and maintenance orders with total value exceeding $1,500,000 to deliver Video Recorders, Head Up Display Cameras, Ground Debriefing Stations and other products to various customers. Deliveries are scheduled to start in Q4/2008 and to conclude within 12 months.
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in
the military and commercial aerospace industries. The Company specializes
in Avionics systems (Digital Video Recorders, Ground Debriefing Stations,
Stores Management Systems, Flight Data Recorders, Inertial Navigation
Systems), Trainers Upgrades, Avionics systems for the UAV market, and
Electro optic cameras for airplanes and armored vehicles.
Note: Certain statements in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation Act of
1995. Such statements involve known and unknown risks, uncertainties and
other factors that may cause actual results to differ materially. Such risk
uncertainties and other factors include, but are not limited to, changes in
general economic conditions, risks in product and technology developments,
market acceptance of new products and continuing product demand, level of
competition and other factors described in the Company's Annual Report on
Form 20-F and other filings with the Securities and Exchange Commission.
Company Contact:
Dubi Sella (V.P Sales & Marketing)
Tel: +972-9-892-1111
[email protected]
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions