$17-million order

COM DEV International Ltd., a designer and manufacturer of space hardware subsystems, is awarded a US$24 million contract to provide advanced payload electronics for a major commercial satellite constellation. “This order is the result of several months of ComDev.jpgnegotiations, and I am pleased to see our commercial space electronics and surface acoustic wave filter product lines benefit from such a contract win,” says John Keating, CEO of COM DEV International. The Cambridge, Ont.-based company, which maintains design operations in Ottawa, says it has already received US$7 million of the overall contract payment in the form of an authorization to proceed advance and subsequent amendments, and will book the $17-million balance in the fourth quarter of fiscal 2004. The company did not disclose the name of its customer.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
INTEGRITY INTELLIGENCE INFORMATION
Site by Citadel Rock
SCAN