Results tagged “Space Systems/Loral”

Late last Friday MacDonald, Dettwiler and Associates Ltd. (MDA) announced it had formally closed the deal to acquire Space Systems/Loral (SS/L) after it had received regulatory approval and secured the necessary financing. MDA announced in their quarterly call yesterday that on the same day of the closing it had been contacted by the Canadian government with a request for proposal for the build phase, Phase D, for the oft-delayed RADARSAT Constellation Mission.

In what can only be described as a blockbuster deal, MacDonald, Dettwiler and Associates Ltd (MDA) of Canada announced late today that it has acquired the larger company in Space Systems/Loral (SS/L). The announcement comes a day before the MDA's scheduled investor call and a day after they had announced a significant deal to provide the communications payload for the AMOS-6 Satellite.

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