SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of
December 2003
RADA ELECTRONIC INDUSTRIES LIMITED
(Name of Registrant)
7 Giborei Israel Street, Netanya 42504, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F __
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):__
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):__
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes __ No X
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- ______________
This Form 6-K is being incorporated by reference into the Company's Form
F-3 Registration Statement File No. 333-11716.
RADA ELECTRONIC INDUSTRIES LTD.
6-K Items
1. Press Release re Portugal to Become the Third Air Force to Equip its
F16 Fleet with RADA FACE System dated December 19, 2003.
2. Correction to RADA Electronic Industries Ltd. Press Release dated
December 19, 2003.
ITEM 1
Press Release Source: RADA Electronic Industries Ltd.
Portugal to Become the Third Air Force to Equip its F16 Fleet with RADA FACE
System
Friday December 19, 8:45 am ET
NATANYA, Israel, December 19 /PRNewswire-FirstCall/ -- - Contract value over $5
million
Following similar contracts with the Royal Netherlands Air Force and the Royal
Belgium Air Force - RADA Electronic Industries Ltd. (NASDAQ: RADIF - News)
announced today it has singed an agreement with the Portuguese Air Force to
equip its new Mid Life Upgrade F-16 fleet with FACE. FACE is a flight data
recorder aimed at fatigue monitoring, maintenance and safety. Two prototypes
were installed successfully on board two Portuguese aircraft earlier this year.
Deliveries of the serial production units are expected to start before year-end.
The contract value exceeds $5 million.
"The Portuguese program validates the recognition FACE has earned as a standard
equipment on board F16 A/B. We are encouraged by the continued satisfaction of
our current FACE system customers and look forward to introducing FACE to other
Air Forces" said Zvika Alon, Vice President for Business Development.
Commenting on the signing of the agreement, Chief Executive Adar Azancot said:
"This program brings to a close a significant year for RADA. We achieved most of
our operational and financial objectives and are poised to successfully complete
our arduous 3 year turnaround program"
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in the
military and commercial aerospace industries. The company specializes in
Avionics, Ground Debriefing Stations (Video, ACMI and Maintenance) and Automatic
Test Equipment.
Note: Certain statements in this press release are "forward-looking statements"
within the meaning of the Private Securities Litigation Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results to differ materially. Such risk uncertainties and other
factors include, but are not limited to, changes in general economic conditions,
risks in product and technology developments, market acceptance of new products
and continuing product demand, level of competition and other factors described
in the Company's Annual Reports on Form 20-F and other filings with the
Securities and Exchange Commission.
ITEM 2
Press Release Source: RADA Electronic Industries Ltd.
Correction -- RADA Electronic Industries Ltd.
Friday December 19, 10:41 am ET
In the news release, Portugal to Become the Third Air Force to Equip its F16
Fleet with RADA FACE System, issued earlier today by RADA Electronic Industries
Ltd. (Nasdaq: RADIF - News) over PR Newswire, we are advised by a representative
of the company that the headline should read "Portugal to Become the Third Air
Force to Equip its F16 Fleet with RADA FACE System. Contract Value Over $5
Million." rather than "Portugal to Become the Third Air Force to Equip its F16
Fleet with RADA FACE System" as incorrectly transmitted by PR Newswire.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Rada Electronic Industries Ltd.
(Registrant)
By: /s/Herzle Bodinger
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Herzle Bodinger, Chairman
Date: December 19, 2003