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Technology Stocks : Orbital science (ORB)
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To: dwight martin who wrote (1018)2/28/1998 2:39:00 PM
From: Mohan Marette  Read Replies (1) of 2394
 
MDA wins Canadian government contract-MORE GOOD NEWS GUYS/GALS.

Dwight and all: you know MDA of course is Orbital Science subsidiary.

space.gc.ca

For more detailed news go to this link.

vancouversun.com

I particularly liked this part and I quote:

"One of British Columbia's major home-grown high-technology companies, MDA was bought in 1995 by Orbital Sciences Corp. of Dulles, Va., a major U.S. space hardware company.

Friedmann said MDA expects to purchase the basic satellite "off the shelf" from Orbital Sciences. Subcontracts for the hardware and software it carries will be spread across Canada.

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Pretty much the same story from Toronto Globe so I just highlight
last part which i thought wasn't in the Vancouver paper

Toronto Globe & Mail
B.C. firm wins bid for $305-million Radarsat II satellite
MacDonald Dettwiler to build, run Earth observer
Saturday, February 28, 1998

VANCOUVER -- MacDonald Dettwiler and Associates Ltd. of Richmond, B.C., has won a major contract from the federal government to build and operate the $305-million Radarsat II Earth observation satellite.

<same stuff as Vancover paper deleted>

Mr. Evans said that while Radarsat I generated annual revenue of about $10-million, Radarsat II promises to bring in sales of about 10 times that amount.
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