Breaking News Instant updates and real-time market news.

RADA

RADA Electronic

$2.52

-0.02 (-0.79%)

09:11
08/20/18
08/20
09:11
08/20/18
09:11

RADA Electronic's MHR to be delivered to the British Army

RADA Electronic announced that its multi-mission hemispheric radars, or MHR, which are embedded in the Rafael Advanced Defense Systems Drone Dome counter-drone solution, will be delivered to the British Army in the coming months. These systems will be used to protect from airborne drones some sensitive facilities and sites on which British armed forces are deployed. The British Army is the first customer for this new and advanced drone dome system. Several initial systems are being purchased, with additional potential for significant further orders which are expected to materialize in the coming months and quarters. Rafael's drone dome team together with RADA, won the tender published by the UK Ministry of Defense, ahead of Israel Aerospace Industries' subsidiary Elta and Italian company Leonardo.

RADA RADA Electronic
$2.52

-0.02 (-0.79%)

08/16/18
EROP
08/16/18
INITIATION
Target $5
EROP
Buy
RADA Electronic initiated with a Buy at Euro Pacific
Euro Pacific initiated RADA Electronic with a Buy and $5 price target.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.