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Canada's MDA selling space and data units to U.S. firm

posted by gignacnic on Thursday January 10, @10:49AM        Permalink  Trackback URI  Slashdotthis  Diggthis  Del.icio.us
from the Space-Tech-Seller dept.

From the Reuters web site : "Alliant Techsystems Inc (US firm) said on Tuesday it will buy two units from Canada's MacDonald, Dettwiler and Associates Ltd (MDA) for $1.325 billion, as the U.S. ammunition and rocket maker looks to expand its space technology and data processing business." From the MDA web site : "MDA's Geospatial Services provides Earth observation data, information products and services from aerial platforms and the majority of commercially available radar and optical satellites." For more information on the transaction, see this web site : http://www.reuters.com/article/innovationNews/idUSN0825031520080108

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• News follow-up

  (Score:3, Informative)

  by spatialguru (105) <tylermitchell@shaw.ca> on Thursday January 17, @01:11PM (#2150)
  ( http://spatialguru.com/ )

  It was interesting to wake up to this news this morning. More here, in the comments of this url about some concerns people have about the news:
  http://www.cbc.ca/technology/quirks-blog/2008/01/m da_deal_we_keep_the_flag_they.html [www.cbc.ca]