NETANYA, Israel, August 6 /PRNewswire-FirstCall/ -- RADA Electronic Industries Ltd. (NASDAQ:RADA), announced today that it has received three purchase orders with total value of $900,000 to produce and deliver various avionics units. These purchase orders are in continuation to an on-going production line of various avionics systems during the past 4 years.
Delivery of units on order is expected to be completed until the end of 2008.
About RADA RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems), Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.
Note: 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.
Company Contact: Dubi Sella (V.P Business Development)
Tel: +972-9-892-1111
DATASOURCE: Rada Electronic Industries Ltd CONTACT: Company Contact: Dubi Sella (V.P Business Development), Tel: +972-9-892-1111,
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