Canadarm To Become USArm

MDA CEO Daniel Friedmann said ATK will be able to grow the business that developed the Canadarm, in Brampton, just northwest of Toronto, in a way not possible for MDA without spending a significant amount of money to acquired U.S. domiciled operations. "Our U.S. customers who are very keen on our capabilities will have an easier time accessing and doing business with us," Friedmann told a conference call with analysts. "The career opportunities and the work for our employees who transfer is significantly enhanced. Our information systems capabilities are absolutely essential to ATK's expansion plans," The former Spar Aerospace of Brampton originally developed the Canadarm but sold its space robotics business to MDA in 1999. The robotic arm has long been one of Canada's most important technology contributions to the U.S. space industry and has been used by Canadian and U.S. astronauts in for handling equipment shipped on the shuttle to help build the space station... Full article: http://www.canadianbusiness.com/markets/market_news/article.jsp?content=b0108115A

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