COM DEV International Ltd. (TSX:CDV) has won a contract valued at approximately CDN$7 million to provide waveguide and coaxial switches for a commercial broadband communication satellite. COM DEV expects to complete work on the contract by the summer of 2010 at its facility in Cambridge, Ontario, Canada.
“Broadband communications represents an important driver of demand for additional communication satellite capacity, and when combined with the need for HDTV transmissions and the natural replacement cycle, helps make for a robust commercial marketplace,” said John Keating, CEO of COM DEV International. “This is a major switch order from a long-standing customer. I believe our unparalleled manufacturing capabilities and proven ability to deliver on large contracts was an important factor in the customer’s decision.”