RADA Technologies, an aerospace and defense company, is relocating to a new headquarters facility in Montgomery County by the end of this year.
Along with a new headquarters, the company is planning to include a research and development and manufacturing operation at its new 25,000-square-foot facility on Seneca Meadows Parkway in Germantown. As a result of the expansion, RADA Technologies plans to create 50 full-time jobs over the next two years and a total of 80 new jobs by December 2023.
“Given the anticipated growth of RADA Technologies, we felt that being part of Montgomery County was the best decision to enhance our presence in the United States. We are thrilled to be part of a community that houses tremendous technology and the best talent, and to contribute to its economic development,” said Bill Watson, CEO of RADA Technologies LLC. “I want to thank everyone who took part in making this possible and those that are still working hard in building this cutting-edge radar manufacturing facility.”
RADA Technologies is the American subsidiary of Israel-based RADA Electronic Industries Ltd. After a founding period in Silver Spring, the company decided to stay in Montgomery County to expand and implement its growth plans in Germantown. RADA will invest nearly $4 million into this expansion project.
“We are proud that RADA Technologies chose Maryland for its U.S. subsidiary and now plans to expand and add jobs,” said Governor Hogan. “For global companies like RADA, Maryland serves as an excellent gateway to the North American market, including the U.S. military.”