RADA Electronic Industries (RADA) Offers FY17 Outlook; Expects Significant Revenue Growth

RADA Electronic Industries Ltd. (Nasdaq: RADA) today announced that given its current backlog of orders in hand, for tactical radars and avionics, it expects significant revenue growth in 2017.

RADA expects its full year 2017 revenues to grow to over $18 million from approximately $13 million in 2016. RADA expects to publish its full year 2016 financial results in the coming weeks, prior to the end of March.

RADA further announced that it will participate at the 29th Annual Roth Conference to be held between March 12 - 15, 2017 at the Ritz Carlton Hotel in Dana Point, California. RADA’s CEO, Mr. Dov Sella, is scheduled to present on Monday, March 13, 2017 at 5:30pm Pacific Time.

At the conference there will be an opportunity for investors to meet one-on-one with Mr. Sella. Interested investors should contact the conference organizers at Roth Capital, or the Investor Relations team at RADA at [email protected].

For those unable to attend, a live webcast of the presentation will be available at: http://wsw.com/webcast/roth31/rada and slides may be downloaded from the webcast page prior to the start of the presentation. The webcast will be archived for 90 days following the live presentation.

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