6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 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

March 2021

RADA ELECTRONIC INDUSTRIES LIMITED

(Name of Registrant)

7 Giborei Israel Street, Netanya 4250407, 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 ☒        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 ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ____________

RADA ELECTRONIC INDUSTRIES LTD.

EXPLANATORY NOTE

The following exhibit is attached:

99.1 Press Release: RADA Announces $15 Million of New Orders in Jan-Feb 2021

Forward Looking Statements

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, the impact of COVID-19 on our company and our industry, 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 Report on Form 20-F and other filings with the Securities and Exchange Commission.

SIGNATURE

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/ Dov Sella
	Dov Sella
	Chief Executive Officer

Date: March 8, 2021

EXHIBIT INDEX

EXHIBIT NO.	DESCRIPTION
99.1	Press Release: RADA Announces $15 Million of New Orders in Jan-Feb 2021

Forward Looking Statements

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, the impact of COVID-19 on our company and our industry, 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 Report on Form 20-F and other filings with the Securities and Exchange Commission.

EX-99.1

Exhibit 99.1

RADA Announces $15 Million of New Orders in Jan-Feb 2021

Growth of 150% compared to the same period in 2020;

RADA successfully completed a secondary offering of shares of over $59 million

NETANYA, Israel, March 8, 2021 - RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced the receipt of over $15 million in new orders during January and February of 2021, compared to $6 million during the same period in 2020.

Out of these new orders, over 90% were orders for RADA’s software-defined tactical radars for counter UAV, short-range air defense (SHORAD) and counter fires (C-RAM). The majority of these orders were growing follow-ons from existing customers. All these orders are expected to be delivered during 2021.

Dov Sella, RADA’s CEO, commented, “While the first quarter is typically slower in new orders, the strong start to 2021 with good order momentum, 150% higher than the same period last year, strengthens our confidence that 2021 will be a year of strong revenue growth, surpassing $120 million.”

Added, Mr. Sella, referring to the recent fundraising round, “I would like to thank all those involved in a very successful secondary offering of RADA shares. We saw very strong demand with very significant over-subscription. The offering was priced at a below market-average discount when compared to the last trading value, and no discount when compared to the prior 60-days average price. Beyond the significant strengthening of our balance sheet, we welcome a number of new, long-term focused and leading institutional investment firms. I would like to thank all our shareholders for their trust and support in us, and in our strategy. We will continue to work hard to capitalize on the huge opportunities ahead of us, which we expect to bring significant value to our shareholders."

About RADA

RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drone applications.

Company Contact: Avi Israel (CFO) Tel: +972-76-5386200 mrkt@rada.com www.rada.com Investor Relations Contact: GK Investor Relations Ehud Helft Tel: 1 646 201 9246 rada@gkir.com