: Ruling on sale of Radarsat 2, Canadarm to U.S. arms maker delayed


Jake
2008-03-20, 01:31 PM
Industry Canada has extended for 30 days the time it will take to review the controversial sale of MacDonald, Dettwiler and Associates Ltd.'s satellite and space businesses.

Industry Minister Jim Prentice informed MDA that he wouldn't meet the Saturday deadline to approve or reject the company's plan to sell the units behind the Radarsat 2 satellite and the Canadarm technology to U.S.-based weapons and rocket manufacturer Alliant Techsystems, or ATK.

http://www.cbc.ca/technology/story/2008/03/20/tech-mda-extension.html

Uwish
2008-03-20, 01:56 PM
i don't know about this. Free market stuff is all fine and good but the US doesn't let it's high tech industry be taken over by foreign controllers.

I think the gov REALLY needs to think about this one.