Israel’s tactical radar pioneer RADA Electronic Industries reported new orders worth US$5 million for two variants of its mobile radars, the Multirole Hemispheric Radar, employed in Counter Rocket Artillery and Mortar (C-RAM), Counter UAV (C-UAV) and Short Range Air Defense (SHORAD) applications. “We see strong and growing momentum in the US, centered around C-UAV and very short range air defense (VSHORAD) demand,” said Dov Sella, RADA’s CEO. In the second quarter of 2018 Rada signed $4 million worth of orders for its radars.
Sela indicated these orders represent initial sales to strategic new customers which could contribute significantly greater business in follow-on orders from leading defense organizations. “The market for our tactical radars is new, and very much in the emerging phase, and the early orders we have sold in the past year across our customer base present significant potential for follow-on orders in the near future,” Sela added.
Last month RADA reported new orders worth $3.5 million for its eCHR product, a compact electronically steered array optimized for use on vehicles, as part of Active Protection Systems. This order represented the first for the new generation CHR. Deliveries of both orders will be completed in 2018.
RADA’s Compact Hemispheric Radar (CHR), currently used as the primary sensor for Active Protection Systems (APS) and Hostile Fire Detection (HFD) solutions for combat vehicles. CHR was selected to be the radar of choice for IMI Systems’ Iron Fist and IF-LD systems undergoing testing with several international customers.
The eCHR that evolved from the CHR introduces dramatically increased detection and tracking ranges, advanced beamforming, and additional technological enhancements, providing significant performance improvements under highly demanding battlefield environments. All these capabilities make the eCHR the radar-of-choice for APS, Vehicle Protection Systems (VPS), Counter-UAV and perimeter surveillance solutions.
“Our advanced, software-defined and multi-mission eCHR radar, ordered at this stage for C-UAV use, introduces improved performance for active protection systems (APS) for combat vehicles as well.” Sela commented, “We see excellent potential to become a common solution for a wide variety of protection missions for the maneuver force.”
With a focus on tactical radars and on-the-move applications, RADA established itself as a market leader in a rapidly growing market. “The market for our tactical radars is new and very much in the emerging phase, and the early orders we have sold in the past year across our customer base present significant potential for follow-on orders in the near future,” Sela said. RADA’s new subsidiary established in the United States has already made significant strategic progress and has led to increased traction for the sales of RADA’s tactical radars in the region. In August RADA expected revenues of around $27 million for 2018.
