Defense electronics firm to put headquarters in Maryland
ANNAPOLIS, Md. (AP) — A company that produces electronics for the aerospace and defense industry is planning a new headquarters in Germantown, Maryland.
Gov. Larry Hogan’s administration made the announcement Tuesday that RADA Technologies is planning the new headquarters in Montgomery County, in the suburbs of the nation’s capital.
The administration says the company will relocate to a 25,000-square-foot facility by the end of this year. Due to the expansion the company plans to create 50 full-time jobs over the next two years and a total of 80 new jobs by December 2023.
RADA Technologies is the American subsidiary of Israel-based RADA Electronic Industries. The subsidiary has been operating for about a year in Silver Spring, Maryland.
The Hogan administration says RADA will invest nearly $4 million into the expansion.