RADA ELECTRONIC RECEIVES A PURCHASE ORDER FROM USAIR FOR ITS 'CATS'
HERZLIYA PITUACH, Israel, Sept. 20 /PRNewswire/ -- RADA Electronic Industries Ltd. (the company) (NASDAQ: RADIF) announced today that the company has received a purcase order from USAir for its Commercial Aviation Test Station (CATS). CATS is an advanced automated test station designed to improve efficiency by significantly reducing test and repair time of the avionics and electrical boxes of aircraft. USAir, a major worldwide carrier operating over 400 aircraft, will use the CATS system to support electrical and electronic units of the Boeing 727, 737, 757 and 767 aircraft as well as the DC9 and the MD80. The CATS system was previously ordered by British Airways, Continental Airlines, Olympic Airways and other international airlines. RADA also reported that it has received its first commercial order for the COLT Portable System from Olympic Airways. The COLT system, which was previously used exclusively for military purposes, is a portable automatic tester designed to be brought directly to an aircraft to test aircraft wires and harnesses. The system obviates the necessity of disassembly, thereby increasing efficiency and reducing maintenance time. The amounts of the above orders were not disclosed. Concurrently, RADAp?leased to announce that it has entered into a cooperation agreement with the B.F. Goodrich Co. The agreement calls for both companies to market CATS services at B.F. Goodrich aircraft maintenance facilities both in the United States and in Europe. The agreement is designed to expand test and repair capabilities. It is RADA's hope that this agreement will lead to expansion of the company's business in the commercial aviation maintenance market. The company also announced today that it is participating in the Annual International Electronics Meeting in Singapore, where it is exhibiting the newest version of its CATS system. For the past six months, the company has focused its marketing efforts on the rapidly expanding market in Asia and is currently submitting proposals and holding discussions with many Asian-based airlines. 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 defense and commercial aviation markets. -0- 9/20/93 /CONTACT: Neil Pace of Rada Electronic Industries Limited, 212-861-1012/ (RADIF)
CO: Rada Electronic Industries Limited ST: IN: ARO AIR SU:
TW-OS -- NY080 -- 3763 09/20/93 14:54 EDT
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|Date:||Sep 20, 1993|
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