Northstar to Become OEM, Focus on Aerospace
Published: 15 August 2018
by Chelsey Drysdale
VIRGINIA BEACH, VA – Northstar Electronics, an aerospace contract electronics manufacturer, has plans to become an OEM soon.
Its parent company NEIK made headway in the purchase of the worldwide rights to a single engine turbo prop airplane from a major overseas aerospace company. Management anticipates a deal soon.
While the negotiations continue, management plans to secure presales of the airplane.
No financial terms were disclosed.
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