RADA Electronic Industries Ltd. is a global defense technology company focused on proprietary

radar Radar is a detection system that uses radio waves to determine the distance (''ranging''), angle, and radial velocity of objects relative to the site. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, w ...

and legacy avionics systems. The company, which includes RADA Electronic Industries and its U.S-based subsidiaries, engages in the development, manufacture, and sale of systems designed primarily for the

defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industr ...

and

aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astrona ...

markets. Its product lines include tactical radars, inertial navigation systems and avionics systems. It offers software-defined, tactical radars for enhanced survivability of stationary and on-the-move operations. Founded in 1970, RADA Electronic Industries Ltd. has been traded on the

NASDAQ Capital Market The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

since

1985 The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a ...

History

RADA Electronic Industries was founded in 1970 by

David Reitner David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". w ...

. In 1998, owing to pressure from

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...

, Niessenson retired from his position as CEO of the company.

Herzl Boedinger Aluf (ret.) Herzl Bodinger ( he, הרצל בודינגר; born 1943) is a retired general in the Israel Defense Forces and a former Commander in Chief of the Israeli Air Force. Today, Bodinger is member of the International Board of Governors of A ...

, who was RADA's international marketing manager and president of the U.S.-based subsidiary, and who had earlier served as commander of the

Israeli Air Force The Israeli Air Force (IAF; he, זְרוֹעַ הָאֲוִיר וְהֶחָלָל, Zroa HaAvir VeHahalal, tl, "Air and Space Arm", commonly known as , ''Kheil HaAvir'', "Air Corps") operates as the aerial warfare branch of the Israel Defense ...

, became president and CEO of RADA. In 2007, Zvi Alon, who was vice president of marketing and sales and had in the 1980s been involved in the

Lavi Project The IAI Lavi (Hebrew language, Hebrew: לביא, "Young Lion") was a single-engined fourth-generation jet fighter, fourth-generation multirole jet fighter developed in Israel, by Israel Aircraft Industries (IAI), during the 1980s. The decision t ...

, took on the role of CEO. In November 2016, RADA Electronic Industries announced the appointment of Dov Sella, its chief business development officer, as the company's executive officer. Since 2016, the company is focused on developing, manufacturing and selling software defined, tactical radar systems for multiple applications such as Active Protection Systems (APS) for combat vehicles, Short-Range Air Defense (SHORAD) for the maneuver force (including Counter-UAS), and Counter Rockets/Artillery/Mortars (C-RAM) systems. In 2017, the company supplied over a hundred radar systems to the

United States Marine Corps The United States Marine Corps (USMC), also referred to as the United States Marines, is the maritime land force service branch of the United States Armed Forces responsible for conducting expeditionary and amphibious operations through combi ...

. In 2018, the radars were integrated into Rafael's advanced anti-drone defense system for the British Army C-UAS capability. into

Leonardo DRS Leonardo DRS, formerly DRS Technologies, Inc., is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo S.p.A.) in October 2008. History Diagnostic/Retrieval Systems ...

mission equipment package (MEP) for the US Army Initial Maneuver-Short Range Air Defense (IM-SHORAD) capability, into an anti-drone warfare system for the

United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secu ...

against unmanned aerial system (UAS) threats, and into the Israeli Iron Fist Active Protection System for the US Army Bradley Brigade. In addition, RADA opened headquarters and a manufacturing facility in Germantown, Maryland (RADA USA), to locally develop the market of tactical radars for U.S. Defense Forces. In 2019 RADA's radars took part in various defense missions, including the knock-down of an Iranian drone in the Strait of Hormuz by the

all-terrain vehicle, which was equipped with an anti-drone detection and jamming system. The growing demand for tactical radars together with the increase in sales by RADA USA, led to the doubling of the yearly revenue and of the share price. In 2020,

General Dynamics Land Systems General Dynamics Land Systems (GDLS) is a manufacturer of military vehicles such as tanks and lighter armored fighting vehicles. History In February 1982 Chrysler announced the sale of Chrysler Defense, its profitable defense subsidiary, to ...

(GDLS) was awarded a $1.2 billion contract by the U.S. Army to produce, test and deliver IM-SHORAD systems, which integrates RADA’s Multi-mission Hemispheric Radar (MHR). In June 2022 the US subsidiary of the Italian defense conglomerate

Leonardo Leonardo is a masculine given name, the Italian, Spanish, and Portuguese equivalent of the English, German, and Dutch name, Leonard Leonard or ''Leo'' is a common English masculine given name and a surname. The given name and surname originate ...

, Leonardo DRS, agreed to an all share acquisition of the US subsidiary of RADA Electronic Industries. The new Leonardo subsidiary will be listed on the Nasdaq and Tel Aviv stock exchanges under the name DRS with RADA shareholders being given 19.5% of the combined business and Leonardo holding the remainder.

Products

* aCHR (Advanced Compact Hemispheric Radar) * MHR (Multi-mission Hemispheric Radar) * ieMHR (Improved and Enhanced Multi-mission Hemispheric Radar) * exMHR (Enhanced and Extended Multi-mission Hemispheric Radar) * DVDR & GDS (Digital Video, Data Recorder & Ground Debriefing System) * R-200M (Mems-based Inertial Navigation System)RADA MEMS-based INS
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References

Companies listed on the Nasdaq Information technology companies of Israel Electronics companies established in 1970 Defense companies of Israel Companies based in Netanya Israeli companies established in 1970 {{israeli-company-stub

History

Products

See also

References