Alitalia Joins Ranks of Other Major Airlines With $2.65 Million Order for Rada's CATS.HERZLIYA PITUACH, Israel--(BUSINESS WIRE)--Sept. 18, 1996-- 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), today announced a $2.65 million order by Alitalia for the Company's Commercial Aviation Test System (CATS). Alitalia joins other major airlines such as 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 and Olympic Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. , to name a few, as CATS customers. Alitalia's Vice President, Ferdinando Dandini, said of the decision: "The CATS was selected after an industry evaluation of options as the only equipment providing comprehensive avionics capability for the B767 aircraft along with growth potential for most commercial aircraft including the B777." Randeep S. Grewal, Rada Electronics' Corporate Vice President, said the Alitalia order has strategic relevance for Rada's off-the-shelf capability and development cycle. "The conclusion of this order provides the Company with comprehensive `off-the-shelf' capability for every Boeing aircraft and thus provides our customers with a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for all their Boeing avionics maintenance requirements," Mr. Grewal added. CATS is an automated tester for detecting faults in avionics and electronic components within aircraft. Mr. Grewal pointed out that efficient and accurate maintenance process demands are driving a greater utilization of efficient, precise and general purpose automated equipment such at the CATS. In addition to the airlines, he said the growing trend has prompted aircraft maintenance centers such as Aero Instruments, 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 Aerospace, Gameco and Bedek Aviation to procure CATS for their operations. Rada Electronic Industries Ltd. is incorporated in Israel and has subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. The Company is engaged in the development and marketing of advanced electronic equipment for the aerospace and commercial aviation markets. CONTACT: Randeep S. Grewal Rada Electronic Industries Tel. 516-938-7878 OR Leslie Creutzfeldt Wolf The Anne McBride Anne C. McBride (born Nova Scotia) was a frequent candidate in Canadian federal and provincial elections and by-elections in the 1970s, 1980s and 1990s. McBride was an ordained minister in the Assemblies of God, a Pentecostal Christian denomination. Co. Tel. 212-752-0504 |
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