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RADA Electronic Is In The Right Place At The Right Time

October 14th, 2019 · No Comments

  • The company’s radar technology is hitting a sweet spot, much of it as a result of rising demand due to the proliferating threat from drones.
  • It is building a US production facility that should be ready by the end of the year.
  • If growth continues at the same pace next year, there is still room for the share price to go up, as operational leverage and positive cash flow will kick in.

Source: RADA Electronic Is In The Right Place At The Right Time – RADA Electronic Industries Ltd. (NASDAQ:RADA) | Seeking Alpha

Tags: RADA