RADA Electronic (RADA) Enters $2.6M Contract With Lockheed Martin
RADA Electronic Industries Ltd. (NASDAQ: RADA) signed a $2.6 Million contract with Lockheed Martin Aeronautics Company (NYSE: LMT) to provide Ground Debriefing Systems for airborne digital video recordings, as part of Lockheed Martin’s F-16 block 52 U.S. Foreign Military Sales (FMS) programs.
RADA’s Ground Debriefing Systems (GDS) are used for post flight debriefings of digital recordings done onboard the aircraft. Debriefings include digital video, audio and 3-dimentional flight reconstruction. The airborne recordings are done by RADA’s DVDR, selected 3 years ago by Lockheed Martin for F-16 FMS programs.
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