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RADA Electronic Industries Ltd. Stock Price

NasdaqCM:RADA Community·US$490.9m Market Cap
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RADA Share Price Performance

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Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

1 Risk
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RADA Electronic Industries Ltd. Key Details

US$109.3m

Revenue

US$67.7m

Cost of Revenue

US$41.6m

Gross Profit

US$35.9m

Other Expenses

US$5.8m

Earnings

Last Reported Earnings
Jun 30, 2022
Next Reporting Earnings
n/a
0.12
38.08%
5.29%
0%
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About RADA

Founded
1970
Employees
308
CEO
Dov Sella
WebsiteView website
www.rada.com

RADA Electronic Industries Ltd., a defense technology company, develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide. It offers digital video/audio/data recorders; high definition digital video/audio/data recording for fighter and trainer aircrafts; a range of head-up-displays color video cameras for fighter aircraft; and various ground debriefing solutions. The company also provides avionics solutions, such as mission data recorders and debriefing solutions and HUD video cameras; and avionics for unmanned aircraft vehicles (UAVs) comprising interface control processors, engine control computers, payload management computers, and others. In addition, it offers land-based tactical radars for defense forces, critical infrastructure protection, border surveillance, active military protection, and counter-drone applications. The company was incorporated in 1970 and is headquartered in Netanya, Israel.

Recent RADA News & Updates

Seeking Alpha Oct 10

Leonardo DRS awarded $579M contract for advanced thermal weapon sights

Leonardo DRS (DRS) has received a contract to produce its next-generation thermal weapon sights for the U.S. Army. The firm-fixed-price contract from the U.S. Army Contracting Command is valued at $579M over five years. The Leonardo DRS Electro-Optical Infrared Systems business will produce advanced Family of Weapons Sights – Individual systems for its U.S. Army customer. “We have a long history of supplying the Army with advanced Electro-Optic and Infrared technologies, and this award will help to keep soldiers safe and better ensure their mission is accomplished,” said Jerry Hathaway, senior VP and GM of the Leonardo DRS.
Seeking Alpha Aug 30

Leonardo DRS awarded $50M contract by the Swedish Ministry Of Defense

Leonardo DRS- to be merged with RADA Electronic Industries (NASDAQ:RADA) has received contracts to provide its advanced thermal weapon sights for the Swedish Ministry of Defense (or MOD). The firm-fixed-price contracts are worth ~$50M. The contracts were awarded to DRS partner Leonardo GmbH in Germany as the prime contractor. Through multiple orders, the Swedish MOD ordered more than 3100 individual thermal weapon sights and 1,500 long-range thermal weapon sights. Production of the weapon sights was completed in the company’s Electro-Optical Infrared Systems facilities in Melbourne, Florida and Dallas, Texas.

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