Canadians buy Space Systems/Loral
Canada’s MacDonald, Dettwiler & Associates (MDA), best known perhaps for the space technology CanadArm retrieval crane used on the Space Shuttle, is to buy satellite builder Space Systems/Loral (SS/L). MDA will pay over $774 million in cash, plus at least $135 million in other considerations. The payments will go to SS/L’s parent company Loral Space […]