Exhibit 23.1



                         CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statements
(Form F-3 and Form S-8) pertaining to Rada Electronic Industries Ltd. 1993,
1994, 1996, 1999 Stock Option Plans and warrants to directors and pertaining to
the  Prospectus  of Rada  Electronic  Industries  Ltd. for the  registration of
13,507,146 of its Ordinary shares of our report dated March 31, 2004, with
respect to the consolidated  financial statements of Rada Electronic Industries
Ltd. included in the Annual Report (Form 20-F) for the year ended December 31,
2003.






                                 /s/ Kost Forer Gabbay & Kasierer
                                     KOST FORER GABBAY & KASIERER
                                     A Member of Ernst & Young Global

Tel Aviv, Israel
April 15, 2004