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Here we go?
Next leg up to 3$ plus coming soon imo
Anyone one shorting who did not cover is in big trouble here Imo
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
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)
Hope those that waited were able to get their shares
Looking strong for another leg up possibly!
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
Yesterday
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?
Holding above key support lines for now
Big buys coming in pushing us back up
4 million traded in first hour that's pretty damn good
Lol intelligent traders know we signed deal with Lockheed Martin
GLTA
Healthy consolidation imo
Maybe big move ahead?
3 million in volume in first half hour
Looks to me like big money heavy hitters pushing this up. Shorting may have been a bad move?
Bye bye up we go
Shortie should cover and cut the loss it was a bad call imo
$RADA SELECTED BY LOCKHEED MARTIN LASER WEAPON RESEARCH PROJECTS NO DOLLAR AMOUNT STATED!
Ticking up in pre market
Hello my friend and what is this U post?
Is there a date attached to your article ?
Are you trying to say the Lockheed Martin contract is bogus /. Insignificant?
If so why?
Let's see if we gap Up in the morning
Rada Electronics skyrockets after landing Lockheed Martin contract
5 HOURS AGORADA
Rada Electronics (NASDAQ:RADA) soars 62.72% to $2.74 on a huge volume spike.
The company just announced it was selected by Lockheed Martin for a laser weapons research project.
looking good i like this one
i will have to check back in my past comments. i may or may not have said that pharmaceuticals would eventually happen , i am happy to see a step in the right direction
Isis campaign funding
Up she goes
Over 200k volume premarket
Pre market BOOM
Here we go
Nice rise today looking strong
Yes this has been setting up nicely due for another steady rise imo
50k share ask slap near close
Russ will tell you whatever u wanna hear
Good luck
I gambled with some play money nd got screwed
Russ takes 40 you take 1