RADA Electronic (RADA) Announces $3.6M Follow-On Order from Israeli Ministry of Defense
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RADA Electronic Industries Ltd. (Nasdaq: RADA) received a $3.6 million follow-on purchase order from the Israeli Ministry of Defense (IMOD) to produce the advanced airborne video and data management system (Video Management System - VMS) for the Israeli Air Force (IAF) aircraft. Delivery of the units will be completed until the end of 2010.
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