Rada Electronics Industries Inc. (RADA)

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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 [e-mail]

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SOURCE DRS Technologies Inc.