MDA becomes Maxar
Capitalism in space: The space company MDA has acquired DigitalGlobe and reorganized itself under the new name Maxar Technologies.
The acquisition and name change appears to be part of a strategy to make this long time Canadian company an international company able to do U.S. military missions.
MDA undertook a major corporate reorganization in May 2016 as part of its “U.S. Access Plan” strategy, including the appointment of Mr. Lance and the formation of SSL MDA Holdings, Inc., with its headquarters in San Francisco, which manages and controls all of the Company’s operations across Canada, the U.S. and internationally. This process was completed under the guidance and approval of the U.S. Department of Defense, whereby SSL MDA Holdings operates under a Security Control Agreement. This structure allows the Company to pursue and execute U.S. government programs that require security clearances.
Maxar’s SSL division is the one building a satellite servicing mission for DARPA, and has been sued (unsuccessfully) by Orbital ATK for getting favorable treatment by the government, including federal monies, even though it is a foreign company. This reorganization apparently is aimed at eliminating Maxar’s foreign status in the U.S.
The name change also succeeds in making the company more marketable. MDA, which stands for MacDonald, Dettwiler and Associates Ltd, always sounded like an accountant firm. Maxar is much better.
Capitalism in space: The space company MDA has acquired DigitalGlobe and reorganized itself under the new name Maxar Technologies.
The acquisition and name change appears to be part of a strategy to make this long time Canadian company an international company able to do U.S. military missions.
MDA undertook a major corporate reorganization in May 2016 as part of its “U.S. Access Plan” strategy, including the appointment of Mr. Lance and the formation of SSL MDA Holdings, Inc., with its headquarters in San Francisco, which manages and controls all of the Company’s operations across Canada, the U.S. and internationally. This process was completed under the guidance and approval of the U.S. Department of Defense, whereby SSL MDA Holdings operates under a Security Control Agreement. This structure allows the Company to pursue and execute U.S. government programs that require security clearances.
Maxar’s SSL division is the one building a satellite servicing mission for DARPA, and has been sued (unsuccessfully) by Orbital ATK for getting favorable treatment by the government, including federal monies, even though it is a foreign company. This reorganization apparently is aimed at eliminating Maxar’s foreign status in the U.S.
The name change also succeeds in making the company more marketable. MDA, which stands for MacDonald, Dettwiler and Associates Ltd, always sounded like an accountant firm. Maxar is much better.