RADA Received Order for Radars for High Energy Laser (HEL) System from a Far-Eastern Customer
January 03 2017 - 8:30AM
RADA Electronic Industries Ltd. (Nasdaq:RADA)
today received an order for its Multi-mission Hemispheric
Radar-based (MHR) RPS-42 radar system, to be used by a key customer
based in the Far-East, for the development and testing of its High
Energy Laser (HEL) ground-based tactical weapon system.
Ground-Based tactical HEL systems are widely perceived today as
the weapon of the future. This is because they are able to produce
precise and tailored effects against multiple targets, they support
‘speed-of-light’ responsiveness and have deep magazines. These
disruptive capabilities allow them to support a wide range of
missions and create military technology ‘breakout’. Moreover, their
significant lower cost per shot compared to expendable kinetic
munitions, has the potential to change the economics of war.
Typically, such weapons would be used against tactical, low-cost
and short-range threats, which endanger the maneuver force, such as
rockets, mortars (C-RAM mission) and UAVs (C-UAV mission).
Dov Sella, RADA’s CEO, commented, "We have
developed the MHR to meet the highest requirements of tactical,
land-based force protection solutions. The high energy laser market
is gradually being recognized as the weapon for the future, and we
are very happy to be involved in a continuously growing number of
such programs. There are about ten HEL development programs in the
Western world; and we are currently involved in four such programs,
as well as being in advanced discussions with additional four
integrators in the Far East, Europe and the USA.”
The MHR is currently integrated into the US Navy/Marine Corps
GBAD HEL program, the Lockheed Martin Athena HEL program, and
Boeing's HEL-MD and Silent Strike programs. This current order is
the fourth order of MHR for HEL weapon systems, re-emphasizing the
suitability and potential of the MHR to HEL systems.
RADA’s MHR platform has been developed to address the protection
needs of the maneuver force. It is an S-band, software-defined,
pulse-Doppler, active electronically scanned array radar. The radar
system introduces sophisticated beam forming capabilities and
advanced signal processing, which can provide various missions on
each radar platform and offers excellent performance-to-price
ratio. It is compact and mobile, operates on-the-move and enables
tactical threats' detection capabilities which make it an ideal
choice for the surveillance radar as part of emerging HEL
systems.
About RADA
RADA Electronic Industries Ltd. is an Israel-based defense
electronics contractor. The Company specializes in the development,
production, and sales of Tactical Land Radars for Force and Border
Protection, Inertial Navigation Systems and Avionics Systems for
fighter aircraft and UAVs.
Certain statements in this press release are
"forward-looking statements" within the meaning of the Private
Securities Litigation Act of 1995. Such statements involve known
and unknown risks, uncertainties and other factors that may cause
actual results to differ materially. Such risk uncertainties and
other factors include, but are not limited to, changes in general
economic conditions, risks in product and technology developments,
market acceptance of new products and continuing product demand,
level of competition and other factors described in the Company's
Annual Report on Form 20-F and other filings with the Securities
and Exchange Commission.
Company Contact:
David Mayer (BD Director)
Tel: +972-9-892-1111
mrkt@rada.com
IR Contact
GK Investor Relations
Ehud Helft, Partner
Tel: 1 617 318 3096
ehud@gkir.com
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