NETANYA, Israel, January 17, 2017 – RADA Electronic Industries Ltd. (Nasdaq: RADA) announced today that in the first half of January 2017 the company received orders for avionics systems amounting to $1.3 million.
The orders were placed by its long-term local customers for avionics systems, the Israeli Air Force and Israel Aircraft Industries, and include advanced video/data recorders and head-up display cameras.
Dov Sella, RADA’s CEO, commented, “These repeat orders demonstrate the strength and stability of our avionics business, while our radar business is growing steadily in volume and as a share of our total sales. We expect to maintain the momentum of sales from our avionics products for the coming years.”