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RADA Reports New Orders for Recorders Worth $5 Million in December 2012 By Globenewswire

NETANYA, Israel, Jan. 7, 2013 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA) announced today that it received in Dec 2012 new orders totaling $5 million from a major customer in Asia. The orders are for digital video recorders, head-up display cameras, and ground debriefing stations.

Deliveries will be made during 2013 and 2014.

Zvika Alon, RADA CEO, commented: "These new orders confirm that our avionics products continue to generate stable income for the Company. In addition to this firm base, we anticipate future growth will come from sales of inertial navigation systems and ground radars."

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