SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2003
RADA ELECTRONIC INDUSTRIES LIMITED
(Name of Registrant)
7 Giborei Israel Street, Netanya 42504, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F __
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):__
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):__
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___ No X
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- __________________
This Form 6-K is being incorporated by reference into the Company's Form
F-3 Registration Statement File No. 333-11716.
RADA ELECTRONIC INDUSTRIES LTD.
6-K Items
1. Press Release re Nasdaq Hearing Panel Decides to Continue Listing Of
RADA's Ordinary Shares on the Nasdaq SmallCap Market dated November 18,
2003.
2. Press Release re RADA Electronic Industries Was Selected by RAFAEL
Armament Development Authorities Ltd. and a European Partner to Design
and Manufacture Advanced Solid State Recorder for an Airborne System
dated November 25, 2003.
ITEM 1
Press Release Source: Rada Electronic Industries Ltd
Nasdaq Hearing Panel Decides to Continue Listing Of RADA's Ordinary Shares on
the Nasdaq SmallCap Market
Tuesday November 18, 2:44 pm ET
NETANYA, Israel, Nov. 18 /PRNewswire-FirstCall/ -- RADA Electronic Industries
Ltd. (Nasdaq: RADIF - news) today announced that a Nasdaq Listing Qualification
Panel has issued a decision indicating that RADA had evidenced compliance with
the Nasdaq $2.5 million shareholders' equity requirement as of September 30,
2003. Accordingly, the Panel determined to continue the listing of the Company's
securities on the Nasdaq SmallCap Market. However, the Panel required the
Company to timely file reports with the SEC and Nasdaq evidencing that its
shareholders' equity as of December 31, 2003 and June 30, 2004 exceeds $ 2.5
million.
Commenting on the Panel's decision, Chief Executive Officer, Adar Azancot
stated, "We are heartened by the Panel's decision and believe that the Company
has turned the corner and has established a solid foundation for future growth
and profitability."
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in the
military and commercial aerospace industries, with a staff of 90. The Company
specializes in Avionics, Ground Debriefing Stations (Video, ACMI and
Maintenance) and Automatic Test Equipment.
Note: Certain statements in this press release are "forward-looking statements"
within the meaning of the Private Securities Litigation Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results to differ materially. Such risk uncertainties and other
factors include, but are not limited to, changes in general economic conditions,
risks in product and technology developments, market acceptance of new products
and continuing product demand, level of competition and other factors described
in the Company's Annual Reports on Form 20-F and other filings with the
Securities and Exchange Commission.
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Source: Rada Electronic Industries Ltd
ITEM 2
Press Release Source: RADA Electronic Industries Ltd.
RADA Electronic Industries Was Selected by RAFAEL
Armament Development Authorities Ltd. and a European
Partner to Design and Manufacture Advanced Solid State
Recorder for an Airborne System
Tuesday November 25, 11:56 am ET
NETANYA, Israel, Nov. 25 /PRNewswire-FirstCall/ -- RADA Electronic Industries
Ltd. (Nasdaq: RADIF - News), was selected by RAFAEL Armament Development
Authorities Ltd. of Israel and a European partner to design, develop and
manufacture an advanced solid state recorder for an airborne system.
The solid state recorder is a high capacity, high read/write speed mass memory
unit that will be used to store and retrieve data in the system. RADA's design
of the solid state recorder integrates multiple M-Systems' fast flash disks and
a fibre channel interface to provide the required capacity and performance.
The companies are currently negotiating a long term contract for the design,
development and production of the solid state recorder, a contract that will be
followed by multiple purchase orders for different programs in the next 5 years.
Commenting on the selection, Zvi Alon, RADA's V.P Business Development said,
"This selection indicates the confidence of RAFAEL and their partner in RADA's
capabilities and provides us with new technology that will help RADA expand its
product range."
About RADA: RADA Electronic Industries Ltd. is an Israel based company involved
in the military and commercial aerospace industries and a staff of 100
personnel. The company specializes in Avionics, Ground Debriefing Stations
(Video, ACMI and Maintenance) and Automatic Test Equipment.
Note: Certain statements in this press release are "forward-looking statements"
within the meaning of the Private Securities Litigation Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results to differ materially. Such risk uncertainties and other
factors include, but are not limited to, changes in general economic conditions,
risks in product and technology developments, market acceptance of new products
and continuing product demand, level of competition and other factors described
in the Company's Annual Reports on Form 20-F and other filings with the
Securities and Exchange Commission.
Company Contact: Zvi Alon - VP Business Development
RADA Electronic Industries
Tel: 011-972-9-892-1111
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Source: RADA Electronic Industries Ltd.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Rada Electronic Industries Ltd.
(Registrant)
By: /s/Herzle Bodinger
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Herzle Bodinger, Chairman
Date: November 25, 2003