Search Results for: "COM DEV"

Cambridge Facility Sees Workforce Reduction of 49% Since Honeywell Acquired Com Dev International

Honeywell Cambridge Office, formerly COM DEV

In late July, the news publication the Waterloo Region Record ran a story about layoffs by Honeywell at its Cambridge, Ontario facility. The number of people laid off was not disclosed at the time. However, local radio station News 570 reported on September 1 that 140 people had started to receive notice in late July.  Scott Sayres, Honeywell Director of Communications told SpaceQ that the …

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COM DEV Reportedly up For Sale

One of Canada’s larger space companies is reportedly up for sale. The report by Reuters says COM DEV approached several companies about a possible sale. On the news COM DEV’s stock shot up and trading was halted for about three hours.

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COM DEV Stock Upgraded on New Order

COM DEV (TSE:CDV) which on October 10th announced its largest commercial contract of $65 million ever, saw its stock target price boosted to $5.00 from $4.75 the next day by Canaccord Genuity. The renewed confidence in the company comes as analysts believe the company has rebounded from the lows of 2011.

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