Article: Ashot Ashkelon wins $70m European contract: The company will supply transmission systems for ailerons for a new passenger plane.

Mar. 18--Ashot Ashkelon Industries Ltd. (TASE: ASHO) has signed a $70 million MOU with a European company to be the exclusive supplier of transmission systems for ailerons for a new passenger plane. Deliveries will begin in 2008 and continue over 18 years, with an option to extend.

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