|COM DEV Wins Military Contract||Jan. 18, 2011|
|COM DEV International Ltd. announced that it has been awarded a contract valued in excess of US$9 million to provide equipment for a military communications satellite. Combined with pre-production work already completed, the total value of the Company's work on this satellite will exceed US$12 million.
COM DEV will provide beam select subsystems and switch assemblies for the satellite. The order is a follow-on award for COM DEV, which has participated on previous spacecraft in the program. Work on the contract will be carried out at the Company's facility in Cambridge, Ontario with completion expected by end of its 2013 fiscal year.
"The military satellite communications market continues to be an important one for us," said Michael Pley, CEO of COM DEV. "This order adds to the military backlog that we already increased with the announcement of two material contracts earlier in our fiscal first quarter."