Rada loses $18.8 million in first half of 1998

Rada Electronic Industries Ltd., an aerospace electronics business located in Herzeliya Pituach, Israel, lost $18.8 million in the first six months of 1998, as sales fell 67% to $3.6 million, the company reported. In the first six months of 1997, the company lost $1 million on sales of $11 million....

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