Press release content from Globe Newswire. The AP news staff was not involved in its creation.
RADA Announces Record Q4 & Full Year 2020 Results with Strong Revenue Growth, Strong .
RADA Electronic Industries Ltd.February 10, 2021 GMT
Revenues in Q4/20 reach $23.3 million, up 62% YoY with EBITDA margins of 17%
Re-iterates 2021 revenue guidance to exceed $120 million
NETANYA, Israel, Feb. 10, 2021 (GLOBE NEWSWIRE) RADA Electronic Industries Ltd. (NASDAQ: RADA) announced today its financial results for the year and quarter, ended December 31, 2020.
Highlights of Full Year 2020
Record revenues of $76.2 million, up 72% year-over-year;
Gross margin of 37%, up from 36% in 2019;
Net income of $5.6 million, compared to $2.3 million net loss in 2019;
Press release content from Business Wire. The AP news staff was not involved in its creation.
GILLIG to Offer Allison Transmission’s Next Generation eGen Flex™ Electric Hybrid Propulsion System Beginning In 2021
February 9, 2021 GMT
INDIANAPOLIS (BUSINESS WIRE) Feb 9, 2021
Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, in partnership with GILLIG, a leading manufacturer of heavy-duty transit buses in the United States, today announced that beginning in 2021, GILLIG will offer Allison’s eGen Flex™ electric hybrid propulsion system.
“GILLIG and Allison have partnered for nearly 50 years to provide the highest-quality buses for our customers and the people they serve,” said Bill Fay, Vice President of Sales at GILLIG. “Our companies are demonstrating how American ingenuity is supporting safe and clean public transportation, and recycling tax dollars back into our communities.”
Press release content from Accesswire. The AP news staff was not involved in its creation.
SPI Energy’s Phoenix Motorcars Appoints Auto Industry Veteran Frank Jenkins as VP of Business Partnerships and Development
January 26, 2021 GMT
SANTA CLARA, CA / ACCESSWIRE / January 26, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics .
SANTA CLARA, CA / ACCESSWIRE / January 26, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics .
Press release content from Accesswire. The AP news staff was not involved in its creation.
SPI Energy’s Phoenix Motorcars Appoints Early Tesla Employee - Edmund Shen - as New VP of Product Management and Supply Chain
January 20, 2021 GMT
SANTA CLARA, CA / ACCESSWIRE / January 20, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics .
SANTA CLARA, CA / ACCESSWIRE / January 20, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics .