RADA to deliver software-defined radars for defence systems

12 November 2018 (Last Updated November 20th, 2018 12:38)

Israel-based defence electronics company RADA Electronic Industries has received new orders worth more than $5m for the delivery of its software-defined radars.

Israel-based defence electronics company RADA Electronic Industries has received new orders worth more than $5m for the delivery of its software-defined radars.

The company’s software-defined radars are designed for counter rocket artillery and mortar, counter unmanned aerial vehicle (UAV), and short-range air defence systems.

Most of the orders have been placed by various new strategic defence organisations.

The current awards are part of initial orders that could be expanded with follow-on orders in the future.

In addition, orders worth approximately $7m were placed for the legacy avionic systems provided by RADA.

“Beyond this, our growth engine, the software-defined radar business, is continuing to gain traction, with new strategic customers placing initial orders, representing great future potential.”

These orders are follow-on awards from customers that have placed initial orders with the company earlier this year.

This includes avionics for UAVs, helicopters, digital video recorders and other ongoing maintenance orders for the defence company’s range of core avionics developed for use by military platforms.

RADA Electronic Industries chief executive officer Dov Sella said: “As these orders demonstrate, our avionics business remains strong, stable and income generating; these new orders give us the confidence that this line of business will continue to stay at these solid levels for the coming years.

“Beyond this, our growth engine, the software-defined radar business, is continuing to gain traction, with new strategic customers placing initial orders, representing great future potential.

“Furthermore, we are increasingly seeing that our new customers from earlier in the year are beginning to place repeat orders. I again emphasise that the market for our tactical radars is new and very much in the emerging phase, and we are witnessing it gaining accelerated momentum.”