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Italian CIRA signed agreement with SIMEST to acquire Aspen Avionics' shares

Capua, Italy - The overall investment is about EUR 3 million

CIRA (the Italian Aerospace Researches Center) and SIMEST, the holding company of public-private development participated by Cassa depositi e prestiti, signed today a contract for underwriting an increase of capital of Aspen Avionic Inc., the US company in the aerospace field (manufacture of electronic systems for General Aviation and Light Aviation aircraft). The overall investment, EUR 3 million...

fra/pec - 1155965
Rome, Italy, 10/21/2013 18:15
AVIONEWS - World Aeronautical Press Agency

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