RADA Electronic Industries Ltd. announces the receipt of production orders and commitments from customers, totaling $5 million, for its new and innovative exMHR radar platform. This new software-defined radar platform is in advanced integration and testing stages, while field tests and demonstrations are scheduled to commence in early 2022. Deliveries to customers will commence in mid-2022. The exMHR is a cutting-edge software defined, multi-mission 4D AESA pulse-Doppler radar platform. It is focused on Short-Range Air Defense (SHORAD), Counter-UAS, Counter-Rockets, Artillery and Mortars (C-RAM) and gap-filling operational missions. Its unique antenna topology, along with sophisticated signal processing and algorithms, enable the exMHR to demonstrate extended fire-control tracking accuracies along with multipath and clutter handling and suppression. Supporting on-the-move operation, it provides the maneuver force with comprehensive air defense and active defense solutions with unmatched SWaP-C superiority.
Extended fire-control tracking accuracy, multipath and clutter handling through advanced antenna topology
Superior performance against low signature targets (RCS, Velocity, Altitude)
Multi-Mission ‘one radar does it all’
Automated operation through advanced signal processing and algorithms
Complete dynamic Air Situational Picture (ASP) mounted on a tactical vehicle or vessel
Handles hundreds of targets through Track While Search (TWS) and Revisit modes
In-depth 4D analysis of Doppler and other target features
Unmatched SWaP-C superiority
Dov Sella, RADA’s CEO, commented, “We are highly encouraged with the confidence and trust that our customers have put in us, by placing orders for production deliveries while lab tests are still ongoing. Over two years ago, given the evolving threats to maneuver forces and critical infrastructure, we identified the need for tactical radars with extended ranges and increased accuracy, and have developed the exMHR in record time. It demonstrates the uniqueness of our ‘RADA Inside’ business model, which translates market needs into our off-the-shelf products using internal resources, and then delivering these new best-value products quickly into the hands of our customers. We are currently finalizing the production line in parallel to prototype testing and plan to have our serial production capability for this new radar ready by mid-2022. This new product broadens our Total Addressable Market (TAM) significantly and builds on our strong market-leading competitive advantage. Furthermore, our main customers are surfacing the ‘solutions-as-a-service’ approach to getting military COTS systems fast, and we are highly inclined to exploit this market trend. All in all, we are very excited with the strong potential ahead and over the coming years and we expect that the exMHR will become another major growth engine for us.”
RADA Electronic Industries Ltd. is a global defense technology company focused on proprietary radar and legacy avionics systems. The company, which includes RADA Electronic Industries and its U.S-based subsidiaries, engages in the development, manufacture, and sale of systems designed primarily for the defense and aerospace markets. Its product lines include tactical radars, inertial navigation systems and avionics systems. It offers software-defined, tactical radars for enhanced survivability of stationary and on-the-move operations. Founded in 1970, RADA Electronic Industries Ltd. has been traded on the NASDAQ Capital Market since 1985. In 2019 RADA’s radars took part in various defense missions, including the knock-down of an Iranian drone in the Strait of Hormuz by the United States Marine Corps all-terrain vehicle, which was equipped with an anti-drone detection and jamming system. The growing demand for tactical radars together with the increase in sales by RADA USA, led to the doubling of the yearly revenue and of the share price. In 2020, General Dynamics Land Systems (GDLS) was awarded a $1.2 billion contract by the U.S. Army to produce, test and deliver IM-SHORAD systems, which integrates RADA’s Multi-mission Hemispheric Radar (MHR).