$5.4 million in new orders for Rada Electronics.HERZLIYA PITUACH, Israel--(BUSINESS WIRE)--Jan. 6, 1997--Rada Electronic Industries Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RADIF), a leading aerospace electronics business, today announced $5.4 million in new orders for its CATS, ACE and maintenance simulator products. The CATS orders came from the United Kingdom and China and totaled approximately $2.4 million. Other CATS customers include United Airlines, British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. , China United, US Air, Olympic Airways, Aero Instruments and FLS FLS Falls FLS Forward Looking SONAR FLS Front Line States FLS First Level Support (helpdesk) FLS Fire Life Safety FLS Fatty Liver Syndrome (hepatic lipidosis) FLS Foreign Language School , among others. The ACE system was ordered for a foreign air force, and the maintenance simulator was ordered by the Israeli Ministry of Defense. Rada said the Israeli Army will use the simulator for a state-of-the-art weapons system. The orders came to $3 million. ACE is the company's autonomous combat evaluation system and has been purchased in the past by the Israeli Air Force The Israeli Air Force (IAF; Hebrew: זרוע האויר והחלל, Zroa HaAvir VeHaḤalal and the Royal Netherlands Air Force The Royal Netherlands Air Force (RNLAF), Dutch Koninklijke Luchtmacht (KLu), is the aviation branch of the Netherlands armed forces. Its ancestor, the Luchtvaartafdeling of the Dutch Army was founded on July 1, 1913, and it originally consisted of just 4 pilots. . -0- Rada Electronic Industries Ltd. is incorporated in Israel and has subsidiaries in the United States and Europe. The company is engaged in the development and marketing of advanced electronic equipment for the aerospace and commercial aviation markets. CONTACT: Rada Electronic Industries Gabriel Sered, 516/938-7878 or The Anne McBride Co. Leslie Creutzfeldt Wolf 212/983-1702 |
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