COM DEV International Ltd. (CDV.TO), a manufacturer of space hardware subsystems, announced that it has been awarded a contract valued in excess of US$4 million to provide satellite equipment for an established American customer.
COM DEV said it will provide switch and multiplexer equipment operating in multiple commercial and military satcom frequency bands. The company said that work on the contract will be carried out at its facilities in Cambridge, ON, with delivery expected to be complete by August, 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.