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RADA Rada Electronics Industries Limited

9.87
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rada Electronics Industries Limited NASDAQ:RADA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.87 10.00 9.38 0 01:00:00

RADA Radar Selected by Lockheed Martin for Laser Weapon Research Projects

23/03/2015 2:00pm

GlobeNewswire Inc.


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RADA Electronic Industries Ltd. announces the selection by Lockheed Martin Space Systems Company of its Multi-Mission Hemispheric Radar (MHR) to support internally funded high energy laser weapon system prototype testing. The radar will be used by Lockheed Martin in combination with other sensors.

The MHR -- an S-Band, Software-Defined, Pulse-Doppler, Active Electronically Scanned Array radar -- has sophisticated beam forming capabilities and advanced signal processing, provides multiple missions on each radar platform, and offers unprecedented performance-to-price ratio. It is compact and mobile, delivering ideal organic, tactical surveillance solutions for force and border protection applications such as counter rockets and mortars, counter unmanned aerial systems, ground moving target indicator, air surveillance, and more.

According to Zvi Alon, RADA's CEO, "We are very happy with Lockheed Martin's selection of our unique MHR, which is particularly suited for use with systems that counter rockets and mortars."

About RADA

RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sale of Tactical Land Radars for Force and Border Protection, Inertial Navigation Systems for air and land applications, and Avionics Systems and Upgrades.

CONTACT: RADA
         Dubi Sella (CBDO)
         Tel: +972-9-892-1111
         mrkt@rada.com
         www.rada.com

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