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3.12 and moving up big here- big players stepping in now
Yeah, speaking of accumulating, I've set myself up with a decent position size here and will see what this will do in the next day or two.
Tempted to flip it quickly, but I believe there's more here yet!
Yeah all this accumulating here... I can see the big wigs stepping in when they done and spiking this up big time
What a steal this co is
Israeli AESA Radar Technology Comes To North America With DRS Technologies And RADA Electronic Industries Partnership
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9:06 AM ET 3/31/15 | PR Newswire
DRS Technologies Inc., a Finmeccanica Company, announced today that it has signed a strategic teaming agreement with RADA Electronic Industries Ltd. of Netanya, Israel, to bring the company's tactical active electronically scanned array (AESA) radar technology into the North American market.
Under this agreement, DRS will market, sell, produce and support tactical AESA radars as part of its tactical radar portfolio. The combination of RADA's technology along with DRS market presence, customer awareness, engineering, and production capabilities is expected to produce significant interest in the North American defense industry market.
"We are excited to be able to offer our customer RADA's proven technology that offers enhanced hostile-fire protection for our troops," said Joseph Matteoni, Vice President/General Manager of DRS Sustainment Systems, Inc. "RADA's cost-effective detection technology will allow DRS to continue its legacy of meeting the challenging needs of our growing radar customer base," Matteoni said.
About DRS Technologies
DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide and is a two-time recipient of the Defense Security Service Award for Excellence in Counterintelligence as well as three James S. Cogswell Awards for Outstanding Industrial Security Achievement. The company is a wholly owned subsidiary of Finmeccanica SpA, which employs approximately 70,000 people worldwide.
For additional information please contact:
Michael MountSenior Director, Public Affairs 571-447-4624mmount@drs.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/israeli-aesa-radar-technology-comes-to-north-america-with-drs-technologies-and-rada-electronic-industries-partnership-300058406.html
SOURCE DRS Technologies Inc.
RADA Electronic Industries and DRS Technologies Team for the North American AESA Radar Market............
NETANYA, Israel, March 31, 2015 (GLOBE NEWSWIRE) -- RADA Electronic Industries of Netanya, Israel announced today that it has signed a strategic teaming agreement with DRS Technologies, Inc. to bring RADA's tactical active electronically scanned array (AESA) radar technology into the North American market.
Under this agreement, DRS will market, sell, produce and support tactical AESA radars as part of its tactical radar portfolio. The combination of RADA's technology along with DRS market presence, customer awareness, engineering, and production capabilities is expected to produce significant interest in the North American defense industry market.
"We are excited to be able to offer our customers RADA's proven technology that offers enhanced hostile-fire protection for our troops," said Joseph Matteoni, Vice President/General Manager of DRS Sustainment Systems, Inc. "RADA's cost-effective detection technology will allow DRS to continue its legacy of meeting the challenging needs of our growing radar customer base," Matteoni said.
Zvi Alon, RADA's CEO, added: "We value the North American market as the most promising growth market for our tactical radars technology, and are confident that this agreement will facilitate the adoption of this technology and growth of our radars business."
RADA Electronic Industries and DRS Technologies Team for the North American AESA Radar Market
Mar 31, 2015 10:30:00 (ET)
RADA Electronic Industries and DRS Technologies Team for the North American AESA Radar Market
NETANYA, Israel, March 31, 2015 (GLOBE NEWSWIRE) -- RADA Electronic Industries of Netanya, Israel announced today that it has signed a strategic teaming agreement with DRS Technologies, Inc. to bring RADA's tactical active electronically scanned array (AESA) radar technology into the North American market.
Under this agreement, DRS will market, sell, produce and support tactical AESA radars as part of its tactical radar portfolio. The combination of RADA's technology along with DRS market presence, customer awareness, engineering, and production capabilities is expected to produce significant interest in the North American defense industry market.
"We are excited to be able to offer our customers RADA's proven technology that offers enhanced hostile-fire protection for our troops," said Joseph Matteoni, Vice President/General Manager of DRS Sustainment Systems, Inc. "RADA's cost-effective detection technology will allow DRS to continue its legacy of meeting the challenging needs of our growing radar customer base," Matteoni said.
Zvi Alon, RADA's CEO, added: "We value the North American market as the most promising growth market for our tactical radars technology, and are confident that this agreement will facilitate the adoption of this technology and growth of our radars business."
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
(MORE TO FOLLOW) Dow Jones Newswires
March 31, 2015 10:30 ET (14:30 GMT)
It's sure got the legs right now. If history repeats itself, which it typically does, this has had several big runs recently.
Decent news this morning, and some nice volume already for only the first half hour.
What are your big board picks for next week? Seems like gold and silver will hike dt crapy politicscworlwide
Common man....you know better. No RADA rebound here....
Good call, I'm targeting to cover at 2.25 from 2.78 avg yesterday
RADA now below my $2.45 and falling with dilution see past filing. No money here
$2.45 now...so was I wrong???
Looking at the L2 says me next step 2.4 then 2,32 and then falling out of a cliff to 0.1 LOL
i Think we are crashing through 2.4USD this eve
RADA $$$$ Up premarket...on watch for bounce...short interest should cover.
Moneymade obviously has a short position, why else would he be here telling you how big of a POS the company/stock is?
His target of 2.45 has almost been reached...if he shorted xxx thousands of shares at say 2.75 today, he's going very well...
,,,,,,,GOING STRAIGHT DOWN BROTHER...LIKE A LEAD BALLOON
So what are u waiting for then? it isn't making sense? If it's GONNNA be diluted why would you be waiting to enter
CORRECT...NOW WAIT FOR THE DILUTION .
WHEN DID I WRITE THAT???? SOME TIME AGO...
It's a POS? But you are waiting for 2.45?
So what is it?
A garbage stock ? or are u are U waiting for drop to enter 2.45?
NOPE....hope you sold.
RADA green I love it!
YUP! PURRRRRRRRRRRRRE DOG POO.
Looks like dilution to me...
On SEC website
See 6-K from March 12, 2015:
"At the Meeting, shareholders will be asked to consider and vote upon the following matters (i) approval of the increase of our authorized share capital by NIS 200,000, such that following the increase, the share capital shall equal NIS 450,000 divided into 30,000,000 ordinary shares ....."
and also
"These actions are intended to facilitate the re-financing of the debt owed to our shareholders that was incurred and accrued during our company's extensive research and development efforts in the years 2011 to 2014 and provide additional working capital to fund our operations in the near future."
I think RADA will get another big jump with some nice percentage gains ahead this week. That is why I was adding the dips.
They are really showing up from everywhere now. Must have been frustrating to see the millions of shares consolidating after yesterdays 80% rise. Doesn't fit the computer program scenario. They really forgot about the low float. The last resort attack is to yell dilution.
The tell for me was the 3 million shares bought today in the first ten minutes all above 2.90 up to 3.25. Then the 600 k shares commited to dropping the price down to 2.75. The joke is the 3 million after that balancing the shorts without scaring anyone between 2.80 and 2.85. I think those were the smart ones, probably big investors.
Look , I really dont know where this will go but it is fun watching the short timers hit and run.
GLTA
You followed me to another NASDAQ stock that hit my target at $2.79. I would not be short RADA is all I am saying. Many shorted that one at $2.00 or even less and got screwed when it ran in only a couple days with ease from low $2.00 to $2.79. I have patience. Today was nice consolidation before another big move up IMO. Everyone loves low floater NASDAQ stocks that can run HUGE!.
,,,,,,,RADA HAS NO MONEY...HOW DO YOU THINK THEY WILL MEET ANY OBLIGATION FOR LOCKHEED OR ANYONE ELSE..
I KNOW THIS IS NOT A PINKY, I SHOULD STAY IN MY LANE RIGHT???
EVERYTHING'S ALL GOOD HERE RIGHT????
HEED MY WARNING.
I would not be short RADA is I were you!
AGAIN....HEED MY WARNING.
There have been zero signs of any dilution. This is a NASDAQ stock not a penny stock.
BE CAREFUL....I'M WILLING TO BET NEW OFFERING SOON.....
Waiting for $3.50 then $4.00 IMO and we got close this AM at $3.25.
,,,,,,,Waiting for $2.45
yes , they would probably be rich right now
yes , they would probably be rich right now
No doubt its probably gonna be green tomorrow i just said slight pull back and every jumped me like im some bad guy. If anyone listened to me good for them :)
RADA did run back over $3.00 earlier today but I am still holding. I am betting another nice run ahead that will beat todays HOCD at $3.25.
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RADA offers advanced pulse-Doppler, multi-mission, AESA radars for tactical applications. These software-defined radars introduce hemispheric spatial coverage with excellent performance-to price ratio. RADA's INS solutions, based on Fiber Optic Gyros (FOG) and Micro-Electro Mechanical Sensors (MEMS), provide best value solutions for aerial and land tactical vehicles. RADA is a leading provider in the field of airborne video and data recorders. The company offers a wide range of solid-state digital recorders, cameras and debriefing systems, and complete avionic upgrade suits for combat and ISR aircraft.
RADA's customer base includes leading forces and prime defense integrators such as Lockheed Martin, Boeing, General Electric, Israel Aerospace Industries (IAI), Hindustan Aeronautics Ltd (HAL), Rafael Advanced Defense Systems, Embraer, Israel Military Industries (IMI) and many others.
Founded in 1970, RADA has been traded on the NASDAQ ("RADA") stock exchange since 1985. RADA's Executive Chairman is Maj. Gen. (Ret.) Herzle Bodinger, who served as the Israeli Air Force Commander prior to joining the company.
RADA is certified to ISO-9001:2008, AS9100C, and ISO-14001:2004 standards.
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