MacDonald Dettwiler for sale?

Posted by Rob Lewis

Shares of Richmond's MacDonald Dettwiler jumped nearly 10% today on speculation the company was for sale.

MacDonald Dettwiler is best known for creating the Canadarm used on NASA space shuttles.

The company said in a statement it was not evaluating the sale of its systems division, which makes satellite, robotics and defense technology.

MacDonald Dettwiler also has a products group, which distributes legal, real estate, satellite and aerial data.

MacDonald Dettwiler tried to sell their robotics and satellite business back in 2008 but the attempt was blocked by the Canadian government.

Company:
MacDonald Dettwiler (MDA)
Website:
http://www.mda.ca
Location:
Vancouver, British Columbia, Canada

MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide. Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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