ATK-MDA Deal Is Not Good News In Canada

Geospatial Businesses of MacDonald Dettwiler and Associates

"Alliant Techsystems (NYSE:ATK) announced that it has negotiated definitive agreements with Canadian-based MacDonald, Dettwiler and Associates (TSX: MDA), to acquire its Information Systems and Geospatial Information Services businesses for $1.325 billion (CDN)."

ATK'S Acquisition of MDA's S[ace Division is Bad for Canada, Nano2Sol.com

"Yesterday's acquisition of Canada's MacDonald Dettwiler and Associates (MDA) by Alliant Techsystems (ATK) is bad for Canada for so many reasons. It's reminiscent of when Avro Canada closed down and most of their talent headed to the US and were instrumental in helping them with the Apollo program."