Civil Space Drags on Com Dev's Otherwise Steady Sales PETER B.deSELDING, PARIS

摘要

Canadian satellite component provider Com Dev International revised downward Sept. 2 its revenue forecast for its current fiscal year, saying continued delays in Canadian government programs are likely to drag down results even as military and commercial satellite orders maintain their pace.The company reported 50.5 million Canadian dollars ($53 million) in revenue for the three months ending July 31, which is the third quarter in Com Dev's fiscal year. Backlog was 123 million Canadian dollars, plus an expected 27 million Canadian dollars when counting expected revenue from initial contracts already signed.