[Satnews] COM DEV International Ltd. (TSX:CDV) has received an order to start work on the third satellite of a multiple-satellite contract that was awarded to the firm in October of 2013.
The contract is valued in excess of $12 million. All figures are in Canadian dollars. Each of the satellites built under this contract will deliver high throughput commercial communications services. COM DEV has completed delivery on the equipment built for the first satellite and commenced work on the second in April 2015.