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Industry committee  Ten years.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  I don't understand the math. I didn't say there is no Canadian market; I said there is a Canadian market, but it isn't enough to sustain our company. Our $200 million has been invested in return for the future data sales we hope to make on RADARSAT-2 that was just launched.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  The shareholders meeting these days is quite a small affair, because everything happens earlier electronically. But we received hundreds and hundreds of calls from shareholders--teachers and government employees across the whole country. This is a widely held Canadian company.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  The company will exist exactly as it does now. You will not be able to notice. You'll be able to take a tour of Brampton and it'll be the same facility with the same people, manager, and everything. The owner will be a U.S. company. We've been through this before, and that's all that will change.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  ITAR restricts technology transfers from the United States to other countries. It does not restrict anything going from Canada to the United States. By restricting technology transfers to Canada, we can't see some documents, which makes it difficult to bid on programs. But if there are U.S. citizens who'd like to see those documents and they convert that to something that's not of importance to the U.S. government, we can do the work.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  It's the largest.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  We have to drop it specifically according to their instructions. We can't drop it anywhere.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  No, you absolutely have access to that. The technology has been developed. In the case of RADARSAT-2, it's our technology, MDA's technology, that was the innovation. We're bidding that technology and a parallel technology we developed for the RADARSAT constellation. That technology resides in Canada.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  Yes. In the end there were three proposals. Before that, there were a few more, but it got down to three.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  Our number one issue was to find a company that did not have our capability in any shape or form, because if it did, it would, over time, just looking at what happens in the world, build that capability. It's just natural. We had been through this before with Orbital Sciences. We have watched the world--we've done it ourselves--and ATK does not have this capability.

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  That's correct.

April 1st, 2008Committee meeting

Daniel Friedmann

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  It is possible that they could work on American contracts--30% of the contracts we work on today are American--provided that the Canadian government approved the export of that work. So it would have to be Canadian government-approved contracts. It couldn't be just any contract.

April 1st, 2008Committee meeting

Daniel Friedmann

April 1st, 2008Committee meeting

Daniel Friedmann

Industry committee  Absolutely.

April 1st, 2008Committee meeting

Daniel Friedmann