COM DEV wins multi-satellite contract
Ontario-based aerospace firm secures $14 million deal.Comments Off on COM DEV wins multi-satellite contract
Cambridge, ON — COM DEV International Ltd. announced that it has been awarded a contract for two commercial communications satellites, with options for two additional satellites. The agreement, which covers preliminary engineering and materials procurement, is valued at $5 million. The full contract value is expected to be in excess of $14 million, with the potential to increase to more than $26 million if the customer exercises all options.
COM DEV will provide C and Ku band multiplexers, switches and microwave components. The contract is expected to be fully executed by the end of October 2012, with delivery scheduled for November 2013.
“It is exciting to win another multi-satellite contract,” said Mike Williams, President of COM DEV International Products. “It is further evidence that we have a very effective program for developing high performing, low cost products that match the needs of the demanding commercial marketplace.”