| Business Summary | | RADA
Electronic
Industries
Ltd.
develops,
manufactures
and
sells
automated
test
equipment
and
avionics
products
for
military
and
commercial
use
mainly
in
Israel,
the
United
States
and
Europe,
which
the
Company
refers
to
as
its
Core
Business.
The
Company
also
sells
aircraft
spare
parts
and
provides
test
and
repair
services
using
its
CATS
testers
and
test
program
sets.
During
1998,
the
Company's
Core
Business
was
reclassified
to
include
the
development,
manufacture
and
sale
of
automated
test
equipment
and
avionics
equipment.
This
Core
Business
is
being
managed
and
operated
by
the
Company
in
Israel.
In
1998
and
early
1999,
some
projects
were
implemented
by
Tasco
Electronics
Inc.,
a
subsidiary
whose
business
activities
have
been
substantially
reduced. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RADA
Electronic
Industries
Limited
is
engaged
in
the
development,
manufacture
and
sale
of
Automated
Test
Equipment
and
avionics
equipment.
For
the
fiscal
year
ended
12/31/00,
revenues
fell
63%
to
$3.8
million.
Net
loss
from
continuing
operations
and
before
accounting
change
fell
19%
to
$6.1
million.
Revenues
reflect
the
delay
in
finalizing
the
Peace
Marle
V
project
by
the
Israeli
government.
Net
loss
reflects
a
lower
gross
loss. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Herzle Bodinger, 57 | Chairman,
Pres | Adar Azancot, 35 | CEO | Ronen Stein, 33 | CFO | Zvi Alon, 46 | VP,
COO | Shlomo Rosen, 47 | VP
- Engineering |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|