RADA receives initial radar orders of $1.1M in from a highly strategic Asian customer

|By:, SA News Editor

RADA Electronic Industries (NASDAQ:RADA) received initial purchase orders worth $1.1M, to provide its advanced Multi-Mission Hemispheric Radars to a highly strategic Asian customer.

Deliveries of these orders are expected to be completed within the first half of 2017.

Dov Sella, RADA's CEO, commented: "We have invested years of focused marketing activity and demonstrations to this highly valued customer. We are very pleased that our efforts have come to fruition with the receipt of these initial orders. We anticipate that the ongoing near-term usage of our radars will more than prove their viability to the customer, and will pave the way for significant future orders".

Press Release