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«Maarachot’s» buy American company in the field of civil aviation

Israeli defense concern «Maarachot’s» published a report to the exchange on received from US authorities permission to purchase a private American company Universal Avionics Systems.

According to the report, the deal to buy the company, which manufactures engines for civil aircraft, must be issued in the coming weeks.

The transaction amount was not published, but noted its insignificance for the balance of the Corporation.

Flagship products are the flight control system Synthetic Visual Systems and Terrain Awareness Systems.

«Maarachot’s» buy American company in the field of civil aviation 22.03.2018

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