Rada sales climb 12% in 1996; Elbit revenues jump 55%
Sales for Rada Electronics Industries Ltd., Herzliya, Pituach, Israel, grew 12% to $28.1 million during the 1996 fiscal year due to increases in Smart CATS revenues. Rada earned $1.1 million from continuing operations in 1996, up from earnings of $209,000 in 1995. The company received a $2.9 million...
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