CAMBRIDGE, ON, Nov. 24 /CNW/ - COM DEV International Ltd. (TSX:CDV), a
leading manufacturer of space hardware subsystems, today announced that
it has been awarded contracts to provide switches and other microwave
filters and components for the fifth satellite in a North American
military communications program. The total value of the contracts is
in excess of US$7 million, and work is expected to be completed within
the next 12 months at the Company's facility in Cambridge, Ontario.
"This is the fifth consecutive order for equipment that COM DEV has
received from this customer, on this program," said Michael Williams,
president of COM DEV's International Products Division. "We
acknowledge the confidence placed in us by our customer on this
program, and appreciate the opportunity to demonstrate that it is once
again well placed."
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global
designer and manufacturer of space hardware subsystems. With
facilities in Canada, the United Kingdom and the United States, COM DEV
manufactures advanced products and subsystems that are sold to major
satellite prime contractors for use in communications, space science,
remote sensing and military satellites.
This news release may contain certain forward-looking statements that
involve risks and uncertainties. Actual results may differ materially
from results indicated in any forward-looking statements. The Company
cautions that, among other things, in view of the rapid changes in
communications markets and technologies, and other risks including the
cost and market acceptance of the Company's new products, the level of
individual customer procurements and competitive product offerings and
pricing, and general economic circumstances, the Company's business
prospects may be materially different from forward-looking statements
made by the Company.
The triangular logo and the word COM DEV are each registered trademarks
and the property of COM DEV Ltd. All rights reserved.
SOURCE Com Dev International Ltd.
For further information: