NETANYA, Israel, February 15, 2018 - RADA Electronic Industries Ltd. (Nasdaq: RADA) announced today that RADA’s avionics business has won a first $3 million order for its cutting-edge, full-HD Digital Video Recorders (HD-DVR) for advanced trainer aircraft.


 The HD-DVR implements recordings of multiple digital video channels, enabling high bandwidth, low latency, uncompressed digital video recording and playback. This advanced recorder, which is in the forefront of recording and debriefing technology for fighters and trainer aircraft, is currently being considered by several other aircraft manufacturers, to be incorporated in fighters and trainers having full digital cockpit displays.

 Including this new order, orders for RADA’s Avionics business during the past few months have amounted to $10 million. The vast majority of these orders are expected to be delivered during 2018.

 Dov Sella, RADA’s CEO, commented, "While our Radar business is the growth engine of our Company with year-over-year revenues more than doubling in 2017, we are also pleased with the recent performance of our avionics business. This first order for our most advanced HD-DVR – along with our current pipeline for these advanced recorders, give us increased confidence in the long-term stability of the avionics business. This, combined with ongoing growth from our software-defined, AESA tactical radars, as the market for these products continues to develop, gives us increased confidence for the years ahead.”

 About RADA Electronic Industries Ltd.

 RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sales of Tactical Land Radars for Force and Border Protection and Avionics Systems (including Inertial Navigation Systems) for fighter aircraft and UAVs.


 Company Contact:  Investor Relations Contact:
 Gil Schwartz (VP, BD & Marketing)  Ehud Helft / Gavriel Frohwein
 RADA Electronic Industries LTD.   GK Investor & Public Relations
 Tel: +972-9-892-1111  Tel: +1 646 688 3559
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Cautionary Statement Regarding Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.