by Staff Writers
NEW YORK, NY (SPX) Sep 26, 2012
Loral Space and Communications has announced that Loral and MacDonald, Dettwiler and Associates Ltd. (MDA) were notified recently by the Committee on Foreign Investment in the United States (CFIUS) that CFIUS had concluded its review and investigation of the proposed sale of Space Systems/Loral, Inc. (SS/L) by Loral to a subsidiary of MDA and determined that there are no unresolved national security concerns with respect to the transaction.
The transaction remains subject to the receipt of certain other regulatory approvals and the satisfaction of other customary closing conditions and is expected to close in the fourth quarter of 2012.
Loral Space and Communications
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Vietnam launches construction of national satellite center
Hanoi, Vietnam (XNA) Sep 26, 2012
A groundbreaking ceremony for construction of the Vietnam Satellite Center was held at Hoa Lac High-tech Park in Vietnam's capital Hanoi on Wednesday. The center, scheduled to be completed by 2020, is built in line with the country's strategy on research and application of satellite technology, and expected to become the most modern center of this kind in Southeast Asia. The center w ... read more
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