Space Systems Loral
Exhibit A for ITAR Reform
Space News reported today that Space Systems Loral of Palo Alto California was being sold to MDA Corporation of Richmond British Columbia, Canada. Here is the first paragraph:
PARIS — Canada’s MDA Corp. is buying the world’s largest manufacturer of commercial telecommunications satellites, Space Systems/Loral (SS/L) of California, for $875 million in cash in a transaction that does not include risks associated with a lawsuit between SS/L and one of its customers, the two companies announced June 26.