OTTAWA — The controversy over whether cutting-edge, taxpayer-subsidized Canadian space technology should be sold to an American arms-maker will rage for another month.
Industry Minister Jim Prentice, facing a Saturday deadline to approve or reject the sale of the Radarsat 2 satellite and the iconic Canadarm, has decided to exercise a 30-day extension.
The move delays but does not avert a politically volatile decision over whether to permit Vancouver-based MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) to sell its space technology division to Alliant Techsystems (NYSE:ATK) of Minneapolis.
ATK is a major contractor to the U.S. military, supplying munitions, mines and booster rockets.
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Showing posts with label canadarm. Show all posts
Showing posts with label canadarm. Show all posts
Saturday, March 22, 2008
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