Why Are RADA Electronic Industries Shares Surging Today
RADA Electronic Industries Ltd (NASDAQ:RADA) has received over $29 million in new business in 1Q22, representing a growth of 22% year-over-year. Over 95% of the new bookings were for RADA's software-defined tactical radars, utilized in Active Protection Systems (APS), counter UAV, Short Range Air Defense (SHORAD), and point defense solutions. The U.S.…
Benzinga ·