Defense Update:
Israel’s tactical radar pioneer RADA Electronic Industries reported new orders worth US$5 million for two variants of its mobile radars, the Multirole Hemispheric Radar, employed in Counter Rocket Artillery and Mortar (C-RAM), Counter UAV (C-UAV) and Short Range Air Defense (SHORAD) applications.
“We see strong and growing momentum in the US, centered around C-UAV and very short range air defense (VSHORAD) demand,” said Dov Sella, RADA’s CEO. In the second quarter of 2018 Rada signed $4 million worth of orders for its radars.
Sela indicated these orders represent initial sales to strategic new customers which could contribute significantly greater business in follow-on orders from leading defense organizations. “The market for our tactical radars is new, and very much in the emerging phase, and the early orders we have sold in the past year across our customer base present significant potential for follow-on orders in the near future,” Sela added.
