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Rada Electronic Industries Signed Agreement To Sell Its Chinese Subsidiary

By TechAgreements

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NETANYA, Israel, Feb. 15, 2011 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA - News) has announced today that its fully owned subsidiary, RADA Electronic Industries Inc., has signed an agreement, with a Beijing based company, to sell RADA Electronic Industries Inc. ownership interest in its Chinese subsidiary, Beijing HuaRai Aircraft Components Maintenance and Services Co., Ltd.

Full post as published by TechAgreements on February 15, 2011 (boomark / email).

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