[SatNews] COM DEV International Ltd. (TSX:CDV) has been awarded an Authorization to Proceed (ATP) contract to deliver Multiplexer Equipment, Waveguide and Coaxial Switches, and Microwave Components to be used on a High Throughput Satellite (HTS) designed to provide DTH premium television content to the Middle East and North Africa.
The total value of the initial contract is over $7.5 million with an expansion to the contract expected in the coming weeks to include additional equipment valued over $5.5 million. Work on the contract will be carried out at the Company's facility in Cambridge, Ontario with completion expected by August 2015.
"This contract award reflects both the continued growth in the market from the increased demand for broadband capacity and our expertise in Ku-band components," said Mike Williams, President of COM DEV International Products. "This expertise, along with our years of experience on demanding projects, has established our leadership position in the communications satellite industry."
The COM DEV International infosite has more information at http://www.comdev.ca/