SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
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
February 2005
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 Registrant's
Form F-3 Registration Statements File Nos. 333- 12074, 333-115598 and
333-117954, and Form S-8 Registration Statements File Nos. 333-12844 and
333-111437.
RADA ELECTRONIC INDUSTRIES LTD.
6-K Items
1. Press Release re RADA Announces the Formal Closing of its Purchase of
Vectop's Assets dated February 16, 2005.
ITEM 1
Press Release Source: RADA Electronic Industries Ltd.
RADA Announces the Formal Closing of its Purchase of Vectop's Assets
Wednesday February 16, 8:00 am ET
NETANYA, Israel, February 16 /PRNewswire-FirstCall/ -- RADA Electronic
Industries Ltd. (NASDAQ: RADI - News), announced today that the formal closing
of the transaction between RADA and Vectop Limited, took place, yesterday,
February 15, 2005.
Vectop Limited is an Israeli company specializing in the design, development,
marketing and sale of electro-optic avionics and debriefing systems.
As published on February 8, the transaction consists of the purchase of all the
assets that are used by, or related to Vectop's business, by RADA.
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in the
military and commercial aerospace industries. 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 Report on Form 20-F and other filings with the
Securities and Exchange Commission.
Contact
Company Contact: Investor Relations Contact:
Elan Sigal (Chief Financial Ehud Helft / Kenny Green,
Officer), Tel: +1-866-704-6710,
Tel: +972-9-892-1129, ehud@gk-biz.com / kenny@gk-biz.com
elan_sigal@rada.com
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
------------------
Herzle Bodinger, Chairman
Date: February 17, 2005