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Canada Blocks Sale of Space Tech Company To US

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04-12-2008

Steve

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Canada Blocks Sale of Space Tech Company To US

Dave Knott writes "The Canadian federal government has blocked the $1.3-billion sale of the space technology division of MacDonald, Dettwiler and Associates to Alliant Techsystems, a major US defense contractor. Industry Minister Jim Prentice is quoted as saying he is 'not satisfied' the sale will be a net benefit for Canada. MDA is Canada's leading developer of space-based technology, including the famous CanadArm and the recently installed space station robot Dextre."http://slashdot.org/slashdot-it.pl?f.../04/12/1846203
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