RADA Opens its US Subsidiary – RADA Technologies LLC
RADA Electronic Industries Ltd. - Ordinary Shares (RADA)
US:NASDAQ Investor Relations:
rada.com/corp/corporate-ir.html
Company Research
Source: GlobeNewswire
NETANYA, Israel, March 26, 2018 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA), developer and producer of software-defined, AESA tactical radars for the maneuver force which work on-the-move, announced today the establishment of a Joint Venture US company, together with SAZE Technologies LLC of Silver Spring, MD. The new company, RADA Technologies LLC, will also be based in Silver Spring, MD. RADA’s US JV will adapt RADA’s tactical radar technology for the US market by altering its technology towards US customer requirements, certifying the radars to US standards, building production capabilities and providing a maintenance and support infrastructure. The company will also be actively engaged in business development and marketing activities in the North American market. Mr. William (Bill) Watson recently assumed the position of CEO of RADA Technologies. The company will leverage Mr. Watson’s 30+ years of defense and leadership experience in radar and C4 systems
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