Exciting Times At Rada Electronic Industries

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About: RADA Electronic Industries Ltd. (RADA)
by: Shareholders Unite
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Summary

The company is in the right place at the right time with the right technology, leading to runaway demand for their radar technology.

What's more, the market growth is still in the early innings of what seems a secular growth story.

While the shares are not cheap, operational leverage will kick in next year lifting the company to profitability.

While increasing competition is always a possibility, but the company is very well positioned and the market grows fast enough to accommodate that.

Mid October last year we argued that Rada Electronic Industries (RADA) was a good buy, given the booming demand for its radars, especially from urgent need to protect against drones. So far, so