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Last updated on April 16, 2014 at 13:58 EDT

COM DEV USA Awarded Full Contract on TDRS Program

March 31, 2009

EL SEGUNDO, CA, March 31 /PRNewswire-FirstCall/ – COM DEV USA, LLC, a subsidiary of COM DEV International Ltd. (TSX: CDV), today announced that it has been awarded a contract by The Boeing Company to supply passive microwave components for the next generation of NASA’s Tracking and Data Relay Satellites (TDRS). The design and production work will be performed at the Company’s manufacturing facility in El Segundo, Calif. The full contract is valued in excess of US$20 million, including an initial US$1.6 million awarded last September in the form of an Authorization to Proceed.

“We are very pleased to have been chosen by Boeing for this major contract,” said Dan White, President of COM DEV USA. “TDRS is an important part of the U.S. space program, and we are excited to be able to contribute.”

The contract includes work on two TDRS spacecraft, with delivery anticipated by the end of COM DEV’s 2010 fiscal year. The scope of work will include the development, qualification and production of 68 different designs with nearly 500 deliverable hardware items, including filters, diplexers, switches, ferrite devices and ancillary microwave components. Boeing will have the option to order equipment for an additional two satellites.

The TDRS System (TDRSS) is a constellation of geosynchronous satellites operated by NASA to provide nearly continuous communications links between other spacecraft and ground-based controllers and researchers. TDRSS serves the Space Shuttle, the International Space Station and other Earth orbiting spacecraft. A new generation of TDRS satellites is being developed to replace the existing spacecraft as they approach the end of their service life.

About COM DEV

COM DEV International Ltd. (www.comdevintl.com) is a leading global designer and manufacturer of space hardware subsystems. With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced products and subsystems that are sold to major satellite prime contractors for use in communications, space science, remote sensing and military satellites.

This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company’s new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company’s business prospects may be materially different from forward-looking statements made by the Company.

The triangular logo and the word COM DEV are each registered trademarks and the property of COM DEV Ltd. All rights reserved.

SOURCE Com Dev International Ltd.


Source: newswire