COM
DEV
awarded
contracts
on
European
commercial
program
March
13,
2009
COM
DEV
International
Ltd.
has
been
awarded
a
number
of
contracts
and
authorizations
to
proceed
(ATPs)
for
work
on a
large
European
commercial
satellite
program.
COM
DEV
will
provide
space
electronics
and
passive
microwave
equipment
including
multiplexers,
switches
and
power
combining
networks.
The
total
value
of
contracts
and
ATPs
awarded
to
date
is
$9.4
million.
The
conversion
of
ATPs
into
full
contracts
is
expected
to
add
a
further
$10
million
to
the
total
value
of
the
orders.
Approximately
$2
million
of
revenue
on
these
orders
has
already
been
booked
as
of
the
end
of
January,
2009.
All
work
is
expected
to
be
completed
within
18
months
at
the
Company’s
facilities
in Cambridge, Ontario and
Aylesbury,
UK. The customer
and
the
satellite
program
involved
cannot
be
named
at
this
time
because
of
contractual
requirements
to
get
written
permission
from
the
prime
contractor
and
the
end
customer.
talk Satellite welcomes comment -
comment@talksatellite.com
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