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Post Info TOPIC: Space Systems/Loral


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Space Systems/Loral
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 MDA announces transformational US acquisition

MacDonald, Dettwiler and Associates Ltd., a provider of essential information solutions, today announced that it has signed an agreement to acquire 100% of Space Systems/Loral, Inc. (SS/L) for US$875 million in a transaction that is immediately accretive. Headquartered in Palo Alto, California, SS/L is the global market leading provider of commercial communications satellites, serving a global customer base. The acquisition transforms MDA into a major player in commercial communications and provides the Company with critical mass in the U.S. market.
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