RADA Electronic Industries

RADA Electronic Industries Ltd.
Public
Traded as NASDAQ: RADA
Industry Information technology
Founded December 8, 1970 (1970-12-08)
Founder Haim Niessenson
Headquarters Netanya, Israel
Key people
 Zvi Alon(CEO, 2007–)
Services Aircraft upgrade
Revenue Increase US$ 27.52 million (2011)
Increase US$ 1.93 million (2011)
Increase US$ 0.73 million (2011)
Website www.rada.com

RADA Electronic Industries is an Israeli company specializing in defense electronics. It furnishes its clients with data recording and management systems, navigation systems, and radar sensors, among other products.[1] Its shares are traded on the NASDAQ Capital Market.

History

RADA Electronic Industries was founded in 1970 by Haim Niessenson.[2][3] 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.[4] In 2007, Zvi Alon, who was vice president of marketing and sales and had in the 1980s been involved in the Lavi Project, took on the role of CEO.[5][6]

Products

See also

References

  1. ↑ "Rada Electronic Industries Ltd (RADA.OQ) Company Profile". Reuters. Retrieved 23 September 2011.
  2. ↑ "Rada Electronic Industries, Inc.". NASDAQ. 2011. Retrieved 23 September 2011. Rada Electronic Industries Ltd. was incorporated under the laws of the State of Israel on December 8, 1970.
  3. ↑ Steinblatt, Ron (15 January 2010). "מייסד ומנכ"ל ראדא לשעבר חוייב להחזיר לחברה 3 מיליון שקל" [Founder and CEO of RADA ordered to return NIS 3 million to the company]. Globes (in Hebrew). Retrieved 23 September 2011. נראה שהסכסוך בין חברת ראדא, המפתחת פתרונות אוויוניקה (תעופה), לחיים ניסנסון שייסד את החברה וניהל אותה בשנות ה-80 וה-90, הגיע לסיומו.
  4. ↑ "At Boeing's Demand: RADA CEO Replaced by Ex Air Force Commander". Globes. 1 July 1998. Retrieved 23 September 2011.
  5. ↑ "Alon, Zvi". Reuters. Retrieved 23 September 2011. Mr. Zvi Alon has served as Chief Executive Officer of Rada Electronic Industries Ltd. since July 2007.
  6. ↑ Cohen, Omri (9 August 2007). "ראדא מינתה את צבי אלון למנכ"ל החברה והמניה מזנקת בכ-11% בנאסד"ק" [RADA appoints Zvi Alon to company CEO and stock jumps 11% on NASDAQ]. TheMarker (in Hebrew). Retrieved 23 September 2011. קודם להצטרפותו לראדא, שירת אלון במשך 11 שנה בתפקיד טייס קרב ותובלה בחיל האוויר הישראלי והיה חבר בצוות הפיתוח של מטוס הלביא.
  7. ↑ http://www.rada.com/capabilities-3/land-radars-2.html RADA Tactical Land Radars
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