Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15 (d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

         Date Of Report: (Date of earliest event reported) May 22, 2003

                               RF INDUSTRIES, LTD.
                 (Name of small business issuer in its charter)

                     Nevada                                0-13301
 (State or Other Jurisdiction of Incorporation)     (Commission File Number)

                      (I.R.S. Employer Identification No.)

                         7610 Miramar Road, Bldg. 6000,
                        San Diego, California 92126-4202
                    (Address of Principal Executive Offices)

                                 (858) 549-6340
                         (Registrant's Telephone Number)

Item 5. Other Events and Regulation FD Disclosure

     On May 22, 2003,  RF  Industries,  Ltd.  issued the attached  press release
regarding the repurchase by the company of 752,167 shares of its common stock at
a price of $3.00 per share.

Item 7. Financial Statements and Exhibits

     The following documents are being filed with this statement as exhibits and
are incorporated herein by reference:

99.1     Press release, dated May 22, 2003.


     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 hereunto duly authorized.

May 27, 2003

                                                   By: /s/ Terrie A. Gross
                                                       Terrie A. Gross
                                                       Chief Financial Officer