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Business/Financial

MDA To Acquire Alliance Spacesystems To Expand U.S. Presence

DDN

Thursday, December 6th, 2007

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By Calvin Biesecker Canada's MacDonald, Dettwiler and Associates (MDA) yesterday said it has agreed to acquire Alliance Spacesystems, a California-based space company with composite structures expertise and a leading position on robotic space subsystems, in a deal that expands its market channel in the United States for its space business. Terms of the deal, which is expected to close this month, were not disclosed. Alliance Spacesystems has about 110 employees and MDA, whose space and related business accounts for about…

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