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
July 2006
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, 333-117954, and
333-127491 and Form S-8 Registration Statement File No. 333-111437.
RADA ELECTRONIC INDUSTRIES LTD.
6-K Items
1. Press Release re RADA has Signed a $650,000 Contract, With a Strategic
Customer, to Provide Digital Video Recorders for a Fighter Aircraft
dated July 20, 2006.
ITEM 1
Press Release Source: Rada Electronic Industries Ltd
RADA has Signed a $650,000 Contract, With a Strategic Customer,
to Provide Digital Video Recorders for a Fighter Aircraft
Thursday July 20, 8:59 am ET
FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- RADA Electronic
Industries Ltd. (NASDAQ: RADI - News) announced today that it has received a
purchase order in excess of $650,000 to provide a strategic customer with
Digital Video Recording System (DVRS) and Ground Replay System (GRS), as part of
a major avionics upgrade it executes.
The DVRS is composed of HUD camera, the Network Centric Digital Recorder (NCDR),
a multi channel solid state video, audio and data recorder and advanced ground
playback systems. Similar package was recently selected by Lockheed Martin
Aeronautics as the baseline F-16 DVR for FMS customers.
This order is added to the NCDR production orders following the Chilean Block 52
F-16 aircraft, the Boeing/US NAVY T-45 aircraft and the Lockheed Martin/Greek
Air Force F-16 aircraft (the Boeing and Lockheed orders are by subcontracts to
Smiths Aerospace). Production deliveries will commence in 2006 and continue for
12 months.
Commenting on the award, Zvi Alon, RADA's V.P. of Business Development said
"This is one of our strategic customers and we trust this program will open the
door for more exciting opportunities to come."
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in the
military and commercial aerospace industries. The Company specializes in
Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores
Management Systems, Flight Data Recorders, Inertial Navigation Systems),
Trainers Upgrades, Avionics systems for the UAV market, and Electro optic
cameras for airplanes and armored vehicles.
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.
Company Contact:
Elan Sigal (Chief Financial Officer)
Tel: +972-9-892-1129
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
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Herzle Bodinger, Chairman
Date: July 21, 2006