Business

Four months after announcing it’s intention to acquire Space Systems/Loral Inc., MacDonald, Dettwiler and Associates Ltd (MDA) has cleared the one remaining major hurdle as the U.S. Federal Trade Commission has completed its review and green-lighted the deal.

MacDonald, Dettwiler and Associates (MDA) has announced that it has been selected as a key participant to support the U.S. Defense Advanced Research Projects Agency (DARPA) Phoenix Program.

With one defence satellite ready to fly, the government’s attention will soon turn to others. That was the message Defence Minister Peter MacKay delivered to media representatives Thursday at a press conference for the official “send-off” of the Sapphire satellite.

Now that the Sapphire satellite finally has a firm launch date on an Indian rocket on December 12th, the government has seen fit to call a media briefing at the David Florida Laboratory (DFL) to talk about the satellite and it’s mission for the benefit of the public.

MacDonald, Dettwiler and Associates Ltd. (MDA) has cleared one hurdle in its effort to acquire U.S. based Space Systems/Loral Inc. (SS/L). Both MDA and SS/L were notified yesterday that the Committee on Foreign Investment in the United States has cleared the deal.

The U.S. Department of Justice (DOJ) has requested further information from MacDonald, Dettwiler and Associates Ltd. (MDA) in its effort to acquire U.S. based Space Systems/Loral Inc. (SS/L). The second request is part of the ongoing review before the deal can clear the necessary regulatory hurdles and is not considered unduly unusual.

The Aerospace Industries Association of Canada preparations for the 2012 Canadian Aerospace Summit are well underway with a preliminary conference program available soon according to Kristen VanderHoek, AIAC Director of Communications.