April 13, 2010 (FinancialWire) — RADA Electronic Industries Ltd. (NASDAQ: RADA) has signed a $1 million contract with the Chilean Air Force to produce and deliver its advanced airborne video and data recording system as well as ground debriefing systems for installation onboard FACH F-16 aircraft.

The contract was signed during the FIDAE 2010 International Air and Space Fair at Santiago de Chile.

Recording and Debriefing systems are part of RADA's current most-selling products worldwide and is in production for several years now. The Chilean Air Force has selected these RADA products to equip all its front-line fighter fleet and has been purchasing RADA's recording and debriefing systems for several years.

Deliveries will be completed during the first half of 2011.

RADA Electronic Industries Ltd. is an Israel based defense electronics contractor.

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