Photo Release -- RADA Announces First International Order for Its
Multi-Mission Hemispheric Radars (MHR)
Radars to be Delivered to a US Company in Q3/ 2013
NETANYA, Israel, June 20, 2013 (GLOBE NEWSWIRE) -- RADA Electronic Industries
(Nasdaq:RADA) announces the reception of the first international purchase
order for its advanced Multi-Mission Hemispheric Radars (MHR). The customer is
a US company, which will utilize the radars in a development program. The
radars will be delivered in summer of 2013.
MHR on a Tripod during Live Fire
MHR on a Tripod during Live
A photo accompanying this release is available at
The MHR is a cutting-edge, software-defined pulse-Doppler radar platform that
can host various operational missions, which can be executed either separately
or time-interleaved. The MHR has an Active Electronically Scanned Array (AESA)
S-Band antenna which provides more than 90º in azimuth and elevation. It is
entirely solid-state and digital, compact and mobile, and introduces
unprecedented Performance-to-Price ratio.
According to Zvi Alon, RADA's CEO, "We are delighted with the market
recognition indications of the superior performance and affordability of our
MHR, and its applicability to numerous applications and operational missions.
We anticipate that during 2013 additional select customers will place orders
for the MHRs, which are now at low-rate initial production phase. By the end
of 2013 we plan to establish the serial production of our radars."
RADA Electronic Industries Ltd. 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, Inertial Navigation
Systems for air and land applications, and Avionics Systems and Upgrades.
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.
The photo is also available at Newscom, www.newscom.com, and via AP
Dubi Sella (CBDO)
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