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EXHIBIT 21
The Allied Defense Group, Inc.
LIST OF SUBSIDIARIES
1. | ARC Europe, S.A., a Belgian Corporation | |
Wholly-owned and majority owned Belgian subsidiary of ARC Europe S.A. |
a. | Mecar S.A. |
2. | Mecar USA, Inc. |
3. | Allied Research BV (“BV”), a Dutch company and, |
4. | Allied Research Cooperative (“Coop”). |
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