RADA Electronic Industries Ltd. (Nasdaq:RADA) announced that its advanced, Fiber-Optic-Gyro (FOG) based Embedded GPS-INS (EGI) has been selected by an undisclosed European leading radar provider to be integrated into its Synthetic Aperture Radar (SAR) development program. The EGI will provide the SAR with enhanced capabilities and performance.
Rada Electronic Industries Ltd. engages in the development, manufacture, and sale of defense electronics to government agencies and authorities, government-owned companies, and integrators in Israel, Asia, North America, South America, Latin America, and Europe.
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(RADA, CLNO, KUTV, TITN) Stock in Review by DrStockPick.com
October 3rd, 2011 at 02:27 pm