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 June 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
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1. Press Release re RADA Electronic Industries Ltd. and Smiths Aerospace Sign
Teaming Agreement dated June 15, 2003.
ITEM 1
Press Release Source: RADA Electronic Industries Ltd.
RADA Electronic Industries Ltd. and Smiths Aerospace Sign Teaming Agreement
Sunday June 15, 8:30 am ET
LE BOURGET, France, June 15, /PRNewswire-FirstCall/ -- RADA Electronic
Industries Ltd. (Nasdaq: RADIF - News) and Smiths Aerospace have agreed to
expand the relationship between the two companies through a Teaming Agreement.
The Agreement includes joint development, production and marketing of data
management equipment and ground based training systems. As a baseline, the
agreement relates to the jointly developed Digital Acquisition System, Smiths'
Advanced Data Transfer Equipment / Digital Video Recording and RADA Squadron
Information Management Network / Debrief System. These systems and planned
derivatives will expand growth opportunities in the military marketplace by
building on the technical and market strengths of both companies.
Smiths and RADA have collaborated since the Peace Marble V program during which
they jointly developed the Digital Acquisition System, the Advanced Data
Transfer Equipment / Digital Video Recording and the Squadron Information
Management Network / Debrief System. The Agreement includes Smiths Aerospace
businesses located in Michigan and Maryland and RADA's businesses located in
Netanya and Beit She'an, Israel.
About RADA: RADA Electronic Industries Ltd. is an Israel based company involved
in the military and commercial aerospace industries, with 110 staff. The company
specializes in Avionics, Ground Debriefing Stations (Video, ACMI and
Maintenance) and Automatic Test Equipment.
About Smiths: Smiths Aerospace is the leading transatlantic aerospace equipment
company, with 12,000 staff and $2 billion revenue split equally between Europe
and North America. Smiths Aerospace holds key positions in the supply chains on
all major military and civil aircraft and engine manufacturers supplying
integrated solutions. Strategically organized businesses focus on systems in
electronics, actuation, detection, security, and marine, as well as precision
components and customer services.
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.
Company Contact: Zvi Alon - VP Business Development
RADA Electronic Industries
Tel: 011-972-9-892-1111
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: June 16, 2003