RADA Electronic Industries Ltd. is a global defense technology company focused on proprietary radar and legacy avionics systems. It includes RADA Electronic Industries and its U.S-based subsidiaries in its development, manufacture and sale of goods designed primarily for the defense industry and aerospace markets.[3] Its products include software-defined tactical radars, inertial navigation systems and avionics parts. Founded in 1970, it is traded on the NASDAQ Capital Market since 1985.
History
RADA Electronic Industries was founded in 1970 by David Reitner.[4] In 1998, owing to pressure from Boeing, Niessenson retired from his position as CEO of the company. Herzl Boedinger, who was RADA's international marketing manager and president of the U.S.-based subsidiary, and who had earlier served as commander of the Israeli Air Force, became president and CEO of RADA.[5] In 2007, Zvi Alon, who was vice president of marketing and sales and had in the 1980s been involved in the